🇺🇸 [AMERICAN PHIÊN] SUMMARY:

• BTC went through a night of trading with accumulation and sideways movement, and is currently showing a slight recovery, holding at the 84,802 USDT level.

• The price has successfully broken out above all three moving averages MA(7), MA(25), and MA(99), forming a short-term support buffer zone just beneath the foothold.

• The H1 MACD indicator is nearing the 0 line and a golden cross has appeared (DIF: -17.93, DEA: -26.49). The histogram bars have turned green, signaling that the bulls are regaining a bit of advantage early in the day.

🌏 [ASIAN SESSION] BASIC STRATEGY:

🐂 LONG scenario (Prioritize the recovery trend):

• Activation: Wait for the adjustment wave to check the support cluster of the MA lines around the 84,500 – 84,700 USDT area and for a wick candle to appear.

• Target (TP): 85,300 - check again the old top zone at 85,600 USDT.

• Stoploss (SL): Below the 84,300 USDT mark.

🐻 SHORT scenario (Counter-swing blocking the top):

• Activation: Only open a Short position if price pushes up to the old resistance zone 85,300 – 85,600 USDT but shows clear weakness, and a rejection candle appears decisively, OR pursue a Short if the H1 candle turns around and closes completely below the support level at 84,450 USDT.

• Target (TP): 84,000 - 83,500 USDT.

• Stoploss (SL): Above the 85,800 USDT mark.

#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis