🔥 BTC/USDT EUROPEAN SESSION STRATEGY (1H TIMEFRAME) 🔥
💵 Current price: $82.808,40
📉 Trend: Bears are making a sudden, aggressive sell-off. After reaching a high of $84.898,00, the price plunged sharply, breaking decisively below both dynamic support lines, MA(7) and MA(25). The MACD has formed a bearish death cross, pointing down, while the red histogram is expanding sharply, confirming overwhelming selling pressure.
🔴 SHORT SCENARIO — PRIORITIZE THE PREVAILING TREND:
• Entry: $83.140 - $83.500 (Retest zone of the MA7 band, which has just turned into resistance)
• Take Profit: $82.543 (Strong MA99 support) — further target: the 24-hour low of $82.647
• Stop Loss: Above $83.800
🟢 LONG SCENARIO — LOOK FOR A REACTION AT LOWER SUPPORT:
• Entry: $82.300 - $82.550 (Consider a quick trade around major MA99 support)
• Take Profit: Back to $83.100 - $83.400
• Stop Loss: Below $81.900
⚠️ Note: The European session is facing very heavy selling pressure, with a run of long-bodied red candles. Absolutely do not jump in to “catch a falling knife” by opening a Long position at the current price without a clear sign of a lower-wick rejection and a slowdown in the decline around MA99 support!
#Bitcoin #BTC #Crypto #Trading #EuropeanSession
💵 Current price: $82.808,40
📉 Trend: Bears are making a sudden, aggressive sell-off. After reaching a high of $84.898,00, the price plunged sharply, breaking decisively below both dynamic support lines, MA(7) and MA(25). The MACD has formed a bearish death cross, pointing down, while the red histogram is expanding sharply, confirming overwhelming selling pressure.
🔴 SHORT SCENARIO — PRIORITIZE THE PREVAILING TREND:
• Entry: $83.140 - $83.500 (Retest zone of the MA7 band, which has just turned into resistance)
• Take Profit: $82.543 (Strong MA99 support) — further target: the 24-hour low of $82.647
• Stop Loss: Above $83.800
🟢 LONG SCENARIO — LOOK FOR A REACTION AT LOWER SUPPORT:
• Entry: $82.300 - $82.550 (Consider a quick trade around major MA99 support)
• Take Profit: Back to $83.100 - $83.400
• Stop Loss: Below $81.900
⚠️ Note: The European session is facing very heavy selling pressure, with a run of long-bodied red candles. Absolutely do not jump in to “catch a falling knife” by opening a Long position at the current price without a clear sign of a lower-wick rejection and a slowdown in the decline around MA99 support!
#Bitcoin #BTC #Crypto #Trading #EuropeanSession