#DayTradingStrategy
BTC /USDT (1D) Chart Update
๐ Current Status:
โข Price: $108,670
โข 24h High: $109,684
โข 24h Low: $107,903
๐น Moving Averages:
โข MA7: $108,269 (price is above)
โข MA25: $106,276 (price is above)
โข MA99: Below current price
โ Indicators:
โข RSI: 57.6 (balanced, neither overbought nor oversold)
โข MACD: Positive cross (bullish signal)
๐ฅ Trend Summary:
Price is above all major moving averages (MA7, MA25, MA99), MACD has given a bullish crossover, and RSI is moving above neutral. Long setup has higher probability in current conditions.
Trade Plan
๐ Long Entry Zone: $108,200 โ $108,600
๐ฅ Targets:
โข TP1: $109,680
โข TP2: Breakout $111,280
๐ Stop Loss: $107,300 (daily closing basis)
๐ป Short Setup:
Short only if daily close falls below $107,300.
โก Final Verdict:
Market structure is bullish. Focus on disciplined entries, risk management, and letting the trend play out.
BTC /USDT (1D) Chart Update
๐ Current Status:
โข Price: $108,670
โข 24h High: $109,684
โข 24h Low: $107,903
๐น Moving Averages:
โข MA7: $108,269 (price is above)
โข MA25: $106,276 (price is above)
โข MA99: Below current price
โ Indicators:
โข RSI: 57.6 (balanced, neither overbought nor oversold)
โข MACD: Positive cross (bullish signal)
๐ฅ Trend Summary:
Price is above all major moving averages (MA7, MA25, MA99), MACD has given a bullish crossover, and RSI is moving above neutral. Long setup has higher probability in current conditions.
Trade Plan
๐ Long Entry Zone: $108,200 โ $108,600
๐ฅ Targets:
โข TP1: $109,680
โข TP2: Breakout $111,280
๐ Stop Loss: $107,300 (daily closing basis)
๐ป Short Setup:
Short only if daily close falls below $107,300.
โก Final Verdict:
Market structure is bullish. Focus on disciplined entries, risk management, and letting the trend play out.