📊 SUMMARY OF BTC ANALYSIS FOR THE US SESSION & ORIENTATION FOR THE ASIA SESSION 🌏
---
🦅 1. US SESSION REVIEW (OVERNIGHT)
* 📈 Main trend: The buying side regains its position as Bitcoin rebounds strongly from the bottom zone of $82,874.93 to around $84,604.24 (+0.33% in 24h). The demand stepping in at the end of the US session was quite solid, helping to blur the downward momentum beforehand.
* 🔍 Technical signals (1H timeframe):
- Price breaks out and moves above the MA(7) line at $84,414.58 and MA(25) at $84,111.26, shifting the short-term trend axis to an upward signal.
- However, the price is still facing resistance pressure right at the MA(99) line at $84,877.33. This is an important checkpoint that determines the next major trend.
- The MACD indicator (DIF: -25.00, DEA: -129.96) records the Histogram turning green, preserving upward momentum (MACD: 104.95), indicating that buyers are in control at the start of the day.
---
🌏 2. ASIAN SESSION OUTLOOK (TODAY)
* 🔄 Main scenario: The Asian session often has low liquidity, so the price tends to move sideways (Sideway) and accumulate around the MA range to absorb supply pressure near the hard resistance zone of $84,800 - $85,000 before choosing a new trend. Expected range: $83,800 - $85,000.
* 🎯 Key price levels to note:
- 🟢 Resistance: $84,800 - $85,000 zone (Confluence of MA(99) and a psychological barrier).
- 🔴 Support: $84,000 - $84,100 zone (Confluence of the MA(7) and MA(25) bands). Deeper support is at the old bottom level of $82,800.
---
🛡️ 3. REFERENCE TRADING PLAN (TRADING SETUP)
🟢 Scenario 1: Go long in line with the recovery trend (Preferred)
* Entry: $84,000 - $84,200 (Wait for a retest of the MA band and a candle with a long lower wick)
* Stop Loss: Below $83,600
* Take Profit: $84,800 and $85,300
🔴 Scenario 2: Short scalp at MA(99) resistance
* Entry: $84,800 - $85,000 (Only enter if price touches this zone, but keep in mind the price keeps pulling back/declining rejects)
* Stop Loss: Above $85,300
* Take Profit: $84,200
💡 Risk management: Trading volume over the past 24h stays stable at 1.59 billion USDT. Prioritize small orders during the Asian session, set a full Stop Loss, and take profit in portions when price hits the target milestones.
Technical analysis information is for reference only and not investment advice.
#Bitcoin #BTCUSDT #TechnicalAnalysis #CryptoVietnam #TraderVN #AsiaSession #MarketTrend
