Trade Setup I'm Watching (Sept 29)
BTC/USDT 1H
CURRENT PRICE: $83,721
KEY LEVELS:
• Resistance: $84,999 (24H high)
• Support: $82,563 (24H low) / $81,910 (structural support)
• Moving Averages: MA7 $83,628 | MA25 $83,627 | MA99 $84,109
MARKET STRUCTURE ANALYSIS:
📌 PRICE BELOW ALL KEY MAs
MA7, MA25, and MA99 are all above price.
Bearish structure short-term.
📌 VOLUME PROFILE
Current VOL: 99.38 BTC.
MA5: 772 | MA10: 938.
Volume is significantly below averages.
Low volume = weak conviction, wait for confirmation.
📌 RECENT PRICE ACTION
Price bounced from $82,563 low.
Now retesting the $83,700 zone.
This is decision time.
SETUP:
LONG SETUP (Only with volume confirmation):
ENTRY: $83,700 - $83,800 (reclaim of MA7/MA25)
STOP LOSS: $82,500 (below 24H low)
TARGET 1: $84,900
TARGET 2: $85,800
RISK/REWARD: 1:2.2
SHORT SETUP (If rejection at MAs):
ENTRY: $84,100 - $84,200 (rejection at MA99)
STOP LOSS: $85,000
TARGET 1: $83,000
TARGET 2: $82,000
VOLUME CONFIRMATION:
• Volume spike above 772 BTC required at entry
• Low volume breakout = trap
• High volume rejection = reversal
MY BIAS:
Neutral to bearish below $84,100.
Waiting for volume confirmation.
Price must reclaim MA99 to turn bullish.
What level are you watching on $BTC?
#BTC #TradeSetup #Binance #MarketStructure
BTC/USDT 1H
CURRENT PRICE: $83,721
KEY LEVELS:
• Resistance: $84,999 (24H high)
• Support: $82,563 (24H low) / $81,910 (structural support)
• Moving Averages: MA7 $83,628 | MA25 $83,627 | MA99 $84,109
MARKET STRUCTURE ANALYSIS:
📌 PRICE BELOW ALL KEY MAs
MA7, MA25, and MA99 are all above price.
Bearish structure short-term.
📌 VOLUME PROFILE
Current VOL: 99.38 BTC.
MA5: 772 | MA10: 938.
Volume is significantly below averages.
Low volume = weak conviction, wait for confirmation.
📌 RECENT PRICE ACTION
Price bounced from $82,563 low.
Now retesting the $83,700 zone.
This is decision time.
SETUP:
LONG SETUP (Only with volume confirmation):
ENTRY: $83,700 - $83,800 (reclaim of MA7/MA25)
STOP LOSS: $82,500 (below 24H low)
TARGET 1: $84,900
TARGET 2: $85,800
RISK/REWARD: 1:2.2
SHORT SETUP (If rejection at MAs):
ENTRY: $84,100 - $84,200 (rejection at MA99)
STOP LOSS: $85,000
TARGET 1: $83,000
TARGET 2: $82,000
VOLUME CONFIRMATION:
• Volume spike above 772 BTC required at entry
• Low volume breakout = trap
• High volume rejection = reversal
MY BIAS:
Neutral to bearish below $84,100.
Waiting for volume confirmation.
Price must reclaim MA99 to turn bullish.
What level are you watching on $BTC?
#BTC #TradeSetup #Binance #MarketStructure
