$BTC
BTC is trading near 73,460 after two sharp sell-offs on high volume, and has bounced off 72,700. Price is still below the 9 MA (~73,750) and RSI is weak at ~40, so momentum favors sellers for now.
Levels: Support 72,700-73,000 | Resistance 73,750, then 74,300 and 75,400
🟢 Long: Only if a 1H candle closes above 73,750. Entry 73,800-74,000, SL below 72,600, targets 74,800 / 75,400.
🔴 Short: Only if a 1H candle closes below 72,700. Enter on retest, SL above 73,300, target 71,800.
No trade between 73,000 and 73,700, where the range is choppy.
Risk 1-2% per trade, low leverage, always use a stop-loss.
Educational purpose only, not financial advice. Do your own research.
#BTC #TradingSignals #TradingStrategies💼💰 #BinanceSquare #BitcoinFiveWeeklyLosses
BTC is trading near 73,460 after two sharp sell-offs on high volume, and has bounced off 72,700. Price is still below the 9 MA (~73,750) and RSI is weak at ~40, so momentum favors sellers for now.
Levels: Support 72,700-73,000 | Resistance 73,750, then 74,300 and 75,400
🟢 Long: Only if a 1H candle closes above 73,750. Entry 73,800-74,000, SL below 72,600, targets 74,800 / 75,400.
🔴 Short: Only if a 1H candle closes below 72,700. Enter on retest, SL above 73,300, target 71,800.
No trade between 73,000 and 73,700, where the range is choppy.
Risk 1-2% per trade, low leverage, always use a stop-loss.
Educational purpose only, not financial advice. Do your own research.
#BTC #TradingSignals #TradingStrategies💼💰 #BinanceSquare #BitcoinFiveWeeklyLosses
