🔥 BTC/USDT STRATEGY FOR THE EUROPEAN SESSION (1H TIME FRAME) 🔥
💵 Current price: $81.850,00
📈 Trend: Bulls are attempting a technical rebound. Price has successfully crossed above the two short-term dynamic support lines, MA(7) and MA(25). The MACD has made a slight bullish crossover, and the Histogram is beginning to print green bars, indicating that selling pressure has temporarily eased, making way for a recovery.
🟢 LONG SCENARIO — GO WITH THE CONSOLIDATION-REBOUND:
• Entry: $81.550 - $81.800 (Retest the dynamic support zone formed by MA25 and MA7)
• Take Profit: $82.503 (Strong MA99 resistance) — next target: $83.200
• Stop Loss: Below $81.100
🔴 SHORT SCENARIO — FOLLOW THE BROADER DOWNTREND:
• Entry: $82.500 - $82.700 (Converging MA99 resistance zone, where bears are waiting to sell)
• Take Profit: Back to $81.800 — next target: $81.300
• Stop Loss: Above $83.100
⚠️ Note: The European session is favoring a short-term upward rebound toward the MA99 resistance band. However, the broader trend on the 1H time frame remains under heavy pressure. Therefore, avoid chasing longs near the $82.500 resistance and instead patiently wait for a retest of the lower boundary!
#Bitcoin #BTC #Crypto #Trading #EuropeanSession
💵 Current price: $81.850,00
📈 Trend: Bulls are attempting a technical rebound. Price has successfully crossed above the two short-term dynamic support lines, MA(7) and MA(25). The MACD has made a slight bullish crossover, and the Histogram is beginning to print green bars, indicating that selling pressure has temporarily eased, making way for a recovery.
🟢 LONG SCENARIO — GO WITH THE CONSOLIDATION-REBOUND:
• Entry: $81.550 - $81.800 (Retest the dynamic support zone formed by MA25 and MA7)
• Take Profit: $82.503 (Strong MA99 resistance) — next target: $83.200
• Stop Loss: Below $81.100
🔴 SHORT SCENARIO — FOLLOW THE BROADER DOWNTREND:
• Entry: $82.500 - $82.700 (Converging MA99 resistance zone, where bears are waiting to sell)
• Take Profit: Back to $81.800 — next target: $81.300
• Stop Loss: Above $83.100
⚠️ Note: The European session is favoring a short-term upward rebound toward the MA99 resistance band. However, the broader trend on the 1H time frame remains under heavy pressure. Therefore, avoid chasing longs near the $82.500 resistance and instead patiently wait for a retest of the lower boundary!
#Bitcoin #BTC #Crypto #Trading #EuropeanSession