🔥 BTC/USDT EUROPEAN SESSION STRATEGY (1H TIMEFRAME) 🔥
💵 Current price: $76,992.01
📉 Trend: The bears (bearish) continue to push the price 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 cross upward slightly, and the Histogram remains green (+38.74), indicating that panic selling pressure has eased. The price is entering a sideways consolidation phase, building a base around $76,400–$77,000.
🔴 SHORT SCENARIO — WITH THE DOMINANT TREND:
• Entry: $77,150–$77,560 (Dynamic resistance zone where MA25 and MA99 converge)
• Take Profit: $76,388 (24-hour low)
$BTC
💵 Current price: $76,992.01
📉 Trend: The bears (bearish) continue to push the price 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 cross upward slightly, and the Histogram remains green (+38.74), indicating that panic selling pressure has eased. The price is entering a sideways consolidation phase, building a base around $76,400–$77,000.
🔴 SHORT SCENARIO — WITH THE DOMINANT TREND:
• Entry: $77,150–$77,560 (Dynamic resistance zone where MA25 and MA99 converge)
• Take Profit: $76,388 (24-hour low)
$BTC