#BTCUSDT
BTC/USDT Technical Analysis
Current Trend: BEARISH (short-term)
1H & 4H Direction:
Both timeframes are currently pointing lower. Price is trading below short-term EMAs, MACD remains negative on higher timeframes, and sellers maintain control. 4H shows stronger bearish pressure.
Key Levels:
Support: 73,700 – 74,000
Resistance: 75,500 – 76,000
RSI: Daily and 4H RSI are in the mid-30s (weak/bearish momentum zone). Not deeply oversold yet.
Stronger Side: Sellers currently have the upper hand on the 1H–4H structure.
Conditional Trading Setup
Direction: SHORT
Entry Zone: 75,500 – 76,000
(Look for rejection near this resistance cluster)
Stop Loss: 76,800
Take Profit Levels:
TP1: 74,000
TP2: 73,200
TP3: 72,000
Confirmation Required:
Clear rejection candle (wick rejection or bearish engulfing) on 1H or 4H at the 75,500–76,000 zone
Price fails to close above 76,000
Preferable if 4H RSI stays below 45
Risk-to-Reward: Approximately 1:1.8 to 1:2.4 (depending on exact entry)
Important Notes:
This is a conditional setup only. Do not enter if Bitcoin breaks and holds above 76,000–76,200 with strong volume. If price consolidates sideways without clear rejection, the better decision is to WAIT.
#BTC #Binance #BinanceSquare #Analsis
BTC/USDT Technical Analysis
Current Trend: BEARISH (short-term)
1H & 4H Direction:
Both timeframes are currently pointing lower. Price is trading below short-term EMAs, MACD remains negative on higher timeframes, and sellers maintain control. 4H shows stronger bearish pressure.
Key Levels:
Support: 73,700 – 74,000
Resistance: 75,500 – 76,000
RSI: Daily and 4H RSI are in the mid-30s (weak/bearish momentum zone). Not deeply oversold yet.
Stronger Side: Sellers currently have the upper hand on the 1H–4H structure.
Conditional Trading Setup
Direction: SHORT
Entry Zone: 75,500 – 76,000
(Look for rejection near this resistance cluster)
Stop Loss: 76,800
Take Profit Levels:
TP1: 74,000
TP2: 73,200
TP3: 72,000
Confirmation Required:
Clear rejection candle (wick rejection or bearish engulfing) on 1H or 4H at the 75,500–76,000 zone
Price fails to close above 76,000
Preferable if 4H RSI stays below 45
Risk-to-Reward: Approximately 1:1.8 to 1:2.4 (depending on exact entry)
Important Notes:
This is a conditional setup only. Do not enter if Bitcoin breaks and holds above 76,000–76,200 with strong volume. If price consolidates sideways without clear rejection, the better decision is to WAIT.
#BTC #Binance #BinanceSquare #Analsis
