🇪🇺 [EUROPEAN SESSION] SUMMARY:
• BTC continued to face intense selling pressure throughout the European session, breaking below its lows and trading near the day's low at 83,016 USDT.
• The H1 chart is firmly dominated by a bearish structure, with candles plunging steeply and trading far below the MA(7), MA(25), and MA(99) moving averages.
• The H1 MACD is plunging unchecked below the zero line (DIF: -586,91, DEA: -475,24), while the red histogram bars continue to expand sharply, signaling extremely high panic-selling pressure.
🇺🇸 [US SESSION] BASIC STRATEGY:
🐻 SHORT scenario (Preferred, in line with the strong downtrend):
• Trigger: Wait for an early US session technical rebound to retest the MA(7) resistance zone around 83,600–83,800 USDT and look for a decisive rejection candle, OR chase a short if price decisively breaks below the psychological 83,000 USDT level with a long-bodied H1 candle.
• Target (TP): 82,500, with 82,000 USDT as a deeper target.
• Stop-loss (SL): Above 84,100 USDT.
🐂 LONG scenario (Risky technical rebound play):
• Trigger: The H1 chart is deeply oversold. Only open a small-volume Long position if price makes an aggressive liquidation sweep into the strong support zone at 82,000–82,300 USDT, then immediately rebounds to form a clear Pin Bar or Hammer candle.
• Target (TP): 83,300–83,700 USDT.
• Stop-loss (SL): Strictly below 81,700 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis
• BTC continued to face intense selling pressure throughout the European session, breaking below its lows and trading near the day's low at 83,016 USDT.
• The H1 chart is firmly dominated by a bearish structure, with candles plunging steeply and trading far below the MA(7), MA(25), and MA(99) moving averages.
• The H1 MACD is plunging unchecked below the zero line (DIF: -586,91, DEA: -475,24), while the red histogram bars continue to expand sharply, signaling extremely high panic-selling pressure.
🇺🇸 [US SESSION] BASIC STRATEGY:
🐻 SHORT scenario (Preferred, in line with the strong downtrend):
• Trigger: Wait for an early US session technical rebound to retest the MA(7) resistance zone around 83,600–83,800 USDT and look for a decisive rejection candle, OR chase a short if price decisively breaks below the psychological 83,000 USDT level with a long-bodied H1 candle.
• Target (TP): 82,500, with 82,000 USDT as a deeper target.
• Stop-loss (SL): Above 84,100 USDT.
🐂 LONG scenario (Risky technical rebound play):
• Trigger: The H1 chart is deeply oversold. Only open a small-volume Long position if price makes an aggressive liquidation sweep into the strong support zone at 82,000–82,300 USDT, then immediately rebounds to form a clear Pin Bar or Hammer candle.
• Target (TP): 83,300–83,700 USDT.
• Stop-loss (SL): Strictly below 81,700 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis