🇪🇺 [EU SESSION] SUMMARY:
• BTC continues to be heavily sold off in the European session, breaking through the 82,000 USDT level to sweep down to the lowest 24h bottom at 81,773.43 USDT before making a slight wick-up to 82,143.99 USDT.
• The H1 bearish structure is extremely severe, with candles continuously clinging to the falling lower band, staying entirely below the MA(7) line at 82,668.33 USDT together with the MA(25) and MA(99) cluster.
• The H1 MACD indicator keeps sloping deeply below the 0 line (DIF: -404.32, DEA: -388.87). However, the red histogram bars show a slight shortening, signaling that the panic sell pressure is temporarily pausing ahead of the US session.
🇺🇸 [US SESSION] BASIC STRATEGY:
🐻 SHORT SCENARIO (Preferred following the downtrend):
• Trigger: Wait for a technical rebound early in the session to re-test the short-term resistance zone of the MA(7) around 82,500 – 82,700 USDT, and a candle appears that decisively rejects the price OR go SHORT if an H1 candle closes completely breaking the newly formed bottom level at 81,773 USDT.
• Target (TP): 81,200 — aiming for the next strong psychological support zone at 80,500 USDT.
• Stoploss (SL): Above 83,100 USDT.
🐂 LONG SCENARIO (Catching a short-term rebound):
• Trigger: Since the chart is in an extremely oversold state, only open a small-volume Long position if the early-session price action sweeps and liquidates (Fakeout), pushing through the 81,773 USDT level but immediately sharply retracts, forming a decisive Pinbar candle on the H1 timeframe.
• Target (TP): 82,600 – 83,000 USDT.
• Stoploss (SL): Absolutely below 81,400 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis
• BTC continues to be heavily sold off in the European session, breaking through the 82,000 USDT level to sweep down to the lowest 24h bottom at 81,773.43 USDT before making a slight wick-up to 82,143.99 USDT.
• The H1 bearish structure is extremely severe, with candles continuously clinging to the falling lower band, staying entirely below the MA(7) line at 82,668.33 USDT together with the MA(25) and MA(99) cluster.
• The H1 MACD indicator keeps sloping deeply below the 0 line (DIF: -404.32, DEA: -388.87). However, the red histogram bars show a slight shortening, signaling that the panic sell pressure is temporarily pausing ahead of the US session.
🇺🇸 [US SESSION] BASIC STRATEGY:
🐻 SHORT SCENARIO (Preferred following the downtrend):
• Trigger: Wait for a technical rebound early in the session to re-test the short-term resistance zone of the MA(7) around 82,500 – 82,700 USDT, and a candle appears that decisively rejects the price OR go SHORT if an H1 candle closes completely breaking the newly formed bottom level at 81,773 USDT.
• Target (TP): 81,200 — aiming for the next strong psychological support zone at 80,500 USDT.
• Stoploss (SL): Above 83,100 USDT.
🐂 LONG SCENARIO (Catching a short-term rebound):
• Trigger: Since the chart is in an extremely oversold state, only open a small-volume Long position if the early-session price action sweeps and liquidates (Fakeout), pushing through the 81,773 USDT level but immediately sharply retracts, forming a decisive Pinbar candle on the H1 timeframe.
• Target (TP): 82,600 – 83,000 USDT.
• Stoploss (SL): Absolutely below 81,400 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis