📊 BTC/USDT ANALYSIS (1H) — EUROPEAN SESSION TRADING (BRIEF) 📊
📉 OVERVIEW:
• Current price: 81,338.44 USDT (-2.57%).
• Trend: Short-term downtrend continues. Price is entirely below the three downward-sloping moving averages: MA(7) < MA(25) < MA(99).
• Signal: Price has just made a slight wick rebound after dipping close to the previous 24-hour low (80,226.35 USDT). MACD remains below the zero line, but the red histogram is beginning to fade, suggesting selling pressure has temporarily stalled as the European session begins.
📌 KEY LEVELS TO WATCH:
• Support: 80,226 USDT (24-hour low) | 80,000 USDT (psychological level).
• Resistance: 81,181 USDT (MA7) | 81,841 USDT (MA25).
⚔️ EUROPEAN SESSION TRADING SCENARIOS:
🔴 SHORT (PREFERRED, IN LINE WITH THE MAIN TREND):
• Entry: Wait for a technical rebound to the 81,600–81,850 USDT zone (failed retest of MA25 followed by a rejection wick).
• Target (TP): 80,500–80,250 USDT.
• Stop-loss (SL): A decisive move above 82,100 USDT.
🟢 LONG (SCALPING A BOUNCE):
• Entry: Take a small position around the current price of 81,100–81,300 USDT to catch a rebound, OR scale in around the previous low at 80,300–80,500 USDT if there is a second rejection wick.
• Target (TP): 81,700–82,000 USDT.
• Stop-loss (SL): A 1H candle close below 80,000 USDT.
⚠️ WARNING: The overall trend remains bearish, so Long trades are for short-term scalping only. Manage your capital carefully during the volatile start of the European session!
#Bitcoin #BTCUSDT #TradingPlan #LondonSession #Scalping
📉 OVERVIEW:
• Current price: 81,338.44 USDT (-2.57%).
• Trend: Short-term downtrend continues. Price is entirely below the three downward-sloping moving averages: MA(7) < MA(25) < MA(99).
• Signal: Price has just made a slight wick rebound after dipping close to the previous 24-hour low (80,226.35 USDT). MACD remains below the zero line, but the red histogram is beginning to fade, suggesting selling pressure has temporarily stalled as the European session begins.
📌 KEY LEVELS TO WATCH:
• Support: 80,226 USDT (24-hour low) | 80,000 USDT (psychological level).
• Resistance: 81,181 USDT (MA7) | 81,841 USDT (MA25).
⚔️ EUROPEAN SESSION TRADING SCENARIOS:
🔴 SHORT (PREFERRED, IN LINE WITH THE MAIN TREND):
• Entry: Wait for a technical rebound to the 81,600–81,850 USDT zone (failed retest of MA25 followed by a rejection wick).
• Target (TP): 80,500–80,250 USDT.
• Stop-loss (SL): A decisive move above 82,100 USDT.
🟢 LONG (SCALPING A BOUNCE):
• Entry: Take a small position around the current price of 81,100–81,300 USDT to catch a rebound, OR scale in around the previous low at 80,300–80,500 USDT if there is a second rejection wick.
• Target (TP): 81,700–82,000 USDT.
• Stop-loss (SL): A 1H candle close below 80,000 USDT.
⚠️ WARNING: The overall trend remains bearish, so Long trades are for short-term scalping only. Manage your capital carefully during the volatile start of the European session!
#Bitcoin #BTCUSDT #TradingPlan #LondonSession #Scalping