🔥 BTC/USDT EUROPEAN SESSION STRATEGY (1H TIMEFRAME) 🔥
💵 Current price: $76,992.01
📉 Trend: The bears continue to press prices below resistance. The candlestick structure is entirely below all 3 major moving averages: MA(7), MA(25), and MA(99). However, the MACD has started to make a slight bullish crossover, and the Histogram remains green (+38.74), indicating that panic selling has eased and the price is entering a sideways consolidation phase, forming a base around $76,400–$77,000.
🔴 SHORT SCENARIO — IN LINE WITH THE PREVAILING TREND:
• Entry: $77,150–$77,560 (Dynamic resistance zone where MA25 and MA99 converge)
• Take Profit: $76,388 (24-hour low) — further target at $75,800
• Stop Loss: Above $77,900
🟢 LONG SCENARIO — CATCH A DEFENSIVE BOUNCE FROM THE BOTTOM:
• Entry: $76,100–$76,400 (Place short-term buy orders around the lowest price of the past 24 hours)
• Take Profit: Back to the $77,100–$77,500 range
• Stop Loss: Below $75,700
⚠️ Note: The European session is trading in a relatively tight range and holding sideways below MA25 resistance. Avoid placing large-volume trades at the current mid-range price; be patient and wait for the price to retest the Entry zones to optimize the R:R ratio!
#Bitcoin #BTC #Crypto #Trading #EuropeanSession $BTC
💵 Current price: $76,992.01
📉 Trend: The bears continue to press prices below resistance. The candlestick structure is entirely below all 3 major moving averages: MA(7), MA(25), and MA(99). However, the MACD has started to make a slight bullish crossover, and the Histogram remains green (+38.74), indicating that panic selling has eased and the price is entering a sideways consolidation phase, forming a base around $76,400–$77,000.
🔴 SHORT SCENARIO — IN LINE WITH THE PREVAILING TREND:
• Entry: $77,150–$77,560 (Dynamic resistance zone where MA25 and MA99 converge)
• Take Profit: $76,388 (24-hour low) — further target at $75,800
• Stop Loss: Above $77,900
🟢 LONG SCENARIO — CATCH A DEFENSIVE BOUNCE FROM THE BOTTOM:
• Entry: $76,100–$76,400 (Place short-term buy orders around the lowest price of the past 24 hours)
• Take Profit: Back to the $77,100–$77,500 range
• Stop Loss: Below $75,700
⚠️ Note: The European session is trading in a relatively tight range and holding sideways below MA25 resistance. Avoid placing large-volume trades at the current mid-range price; be patient and wait for the price to retest the Entry zones to optimize the R:R ratio!
#Bitcoin #BTC #Crypto #Trading #EuropeanSession $BTC