🌏 [ASIAN SESSION] SUMMARY:
• BTC recorded a solid rebound after a deep liquidation sweep to a new low of 82,227.56 USDT, and is currently trading around 83,143.36 USDT.
• The price has moved back above the short-term dynamic support line MA(7) at 82,912.71 USDT; however, it remains under heavy pressure from the MA(25) and MA(99) above.
• The H1 MACD indicator is still below the zero line (DIF: -385.29, DEA: -429.93), but green histogram bars have started to appear and expand, indicating that panic selling momentum has temporarily weakened.
🇪🇺 [EUROPEAN SESSION] BASIC STRATEGY
🐂 LONG Scenario
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis
• BTC recorded a solid rebound after a deep liquidation sweep to a new low of 82,227.56 USDT, and is currently trading around 83,143.36 USDT.
• The price has moved back above the short-term dynamic support line MA(7) at 82,912.71 USDT; however, it remains under heavy pressure from the MA(25) and MA(99) above.
• The H1 MACD indicator is still below the zero line (DIF: -385.29, DEA: -429.93), but green histogram bars have started to appear and expand, indicating that panic selling momentum has temporarily weakened.
🇪🇺 [EUROPEAN SESSION] BASIC STRATEGY
🐂 LONG Scenario
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis