$BTC #BTC Long or Short
đš BTC/USDT | Trading Recommendation
Price: $72,955 | Signal: â ïž CAUTION LONG (rebound from oversold)
đ ENTRY
â Now: $72,900-$73,000 â Better: $72,512 (bottom test)
đŻ TAKE PROFITS
đą TP1: $73,467 (+0.7%) â 40% đą TP2: $73,759 (+1.1%) â 40% đą TP3: $74,198 (+1.7%) â 20%
đ STOP LOSS
đŽ SL: $72,400 (-0.8%) â below bottom $72,512
đ SHORT
â Bullish:
RSI(1h) 26.5 â deep oversold
RSI(4h) 24.5 â extreme oversold
Price tests bottom $72,512 for the second time â double bottom
Volume increased on the decline â sellers exhaustion
â ïž Bearish:
Price below MA(7)/MA(25)/MA(99) on both TFs
4h downtrend from $78,080
Average selling price $74,958 = strong resistance
Price has already passed 1.5+ ATR per day
đ KEY LEVELS
Resistance 1: $73,467 (MA7 1h)
Resistance 2: $73,759 (MA25/MA99 1h)
Resistance 3: $74,198 (daily high)
Support: $72,512 (double bottom)
âïž R/R: 1:1.4 | Spot | â° 2-4 hours
đš BTC/USDT | Trading Recommendation
Price: $72,955 | Signal: â ïž CAUTION LONG (rebound from oversold)
đ ENTRY
â Now: $72,900-$73,000 â Better: $72,512 (bottom test)
đŻ TAKE PROFITS
đą TP1: $73,467 (+0.7%) â 40% đą TP2: $73,759 (+1.1%) â 40% đą TP3: $74,198 (+1.7%) â 20%
đ STOP LOSS
đŽ SL: $72,400 (-0.8%) â below bottom $72,512
đ SHORT
â Bullish:
RSI(1h) 26.5 â deep oversold
RSI(4h) 24.5 â extreme oversold
Price tests bottom $72,512 for the second time â double bottom
Volume increased on the decline â sellers exhaustion
â ïž Bearish:
Price below MA(7)/MA(25)/MA(99) on both TFs
4h downtrend from $78,080
Average selling price $74,958 = strong resistance
Price has already passed 1.5+ ATR per day
đ KEY LEVELS
Resistance 1: $73,467 (MA7 1h)
Resistance 2: $73,759 (MA25/MA99 1h)
Resistance 3: $74,198 (daily high)
Support: $72,512 (double bottom)
âïž R/R: 1:1.4 | Spot | â° 2-4 hours