🇺🇸 [US SESSION] SUMMARY:
• BTC closed the US session slightly weak and range-bound, currently trading around 85.894 USDT.
• The H1 structure has deteriorated as price broke through and closed below the two short-term support lines, MA(7) at 85.675 USDT and MA(25) at 86.005 USDT, while still holding above the long-term trend line, MA(99).
• The H1 MACD showed a bearish crossover below the signal line (DIF: 14,40, DEA: 42,24), with expanding red histogram bars, confirming that sellers temporarily regained the initiative toward the end of the session.
🌏 [ASIA SESSION] BASIC STRATEGY:
🐻 SHORT scenario (Preferred given short-term downward pressure):
• Trigger: Wait for an early-day technical bounce to retest the MA cluster resistance zone around 86.000–86.150 USDT and look for a rejection candle, OR chase a short if an H1 candle closes decisively below the dynamic MA(99) support at 85.334 USDT.
• Target (TP): 84.972–84.500 USDT.
• Stop loss (SL): Above 86.400 USDT.
🐂 LONG scenario (Playing a bounce from support):
• Trigger: Scale into a small-volume Long position only if a sharp decline triggers liquidations into the strong support zone around 84.800–85.000 USDT and is met with a strong lower-wick rejection, OR if price breaks decisively back above 86.200 USDT.
• Target (TP): 85.800–86.300 USDT.
• Stop loss (SL): Below 84.500 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis
• BTC closed the US session slightly weak and range-bound, currently trading around 85.894 USDT.
• The H1 structure has deteriorated as price broke through and closed below the two short-term support lines, MA(7) at 85.675 USDT and MA(25) at 86.005 USDT, while still holding above the long-term trend line, MA(99).
• The H1 MACD showed a bearish crossover below the signal line (DIF: 14,40, DEA: 42,24), with expanding red histogram bars, confirming that sellers temporarily regained the initiative toward the end of the session.
🌏 [ASIA SESSION] BASIC STRATEGY:
🐻 SHORT scenario (Preferred given short-term downward pressure):
• Trigger: Wait for an early-day technical bounce to retest the MA cluster resistance zone around 86.000–86.150 USDT and look for a rejection candle, OR chase a short if an H1 candle closes decisively below the dynamic MA(99) support at 85.334 USDT.
• Target (TP): 84.972–84.500 USDT.
• Stop loss (SL): Above 86.400 USDT.
🐂 LONG scenario (Playing a bounce from support):
• Trigger: Scale into a small-volume Long position only if a sharp decline triggers liquidations into the strong support zone around 84.800–85.000 USDT and is met with a strong lower-wick rejection, OR if price breaks decisively back above 86.200 USDT.
• Target (TP): 85.800–86.300 USDT.
• Stop loss (SL): Below 84.500 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis