---
š Key Observations
1. š° Price Action:
Current Price: $119,056 š» (-3.50% in 24h)
Consolidating between $117,180 (š 24h low) and $123,377 (š 24h high)
Testing EMA(7) at $119,064 ā šÆ short-term pivot zone
2. š Moving Averages:
ā
Bullish Alignment: Price > EMA(25) $117,261 > EMA(99) $110,099
ā Near-Term Pressure: EMA(7) acting as resistance
3. š Momentum Indicators:
š RSI(6) = 52.88 ā Neutral ā
š StochRSI = 66.28 / MA = 81.63 ā ā Overbought (pullback risk)
4. š¦ Volume & S/R Zones:
š 24h Volume: $3.15B USDT ā strong market interest šŖ
š” Support: $117,261 ā $117,180 ā $113,682
š§ Resistance: $119,064 ā $121,295 ā $123,377
---
š Price Prediction
Short-Term (1ā3 days):
š¢ Bullish: Break above $119,064 ā šÆ $121,295 (+2%), šÆ $123,377 (+3.6%)
š“ Bearish: Lose $117,261 ā šÆ $113,682 (-3%), šÆ $111,920 (-6%)
Medium-Term: š Still bullish above EMA(99) but ā watch for StochRSI reversal
---
š Trade Plan
š¢ Scenario 1 ā Breakout Long š
Trigger: 15m candle close above $119,100 + š rising volume
Entry: $119,200
Targets:
šÆ TP1: $121,295 (~1.8%)
šÆ TP2: $123,377 (~3.5%)
SL: $117,150 (~1.7% risk)
RRR: 1:2+
š“ Scenario 2 ā Breakdown Short š
Trigger: 15m candle close below $117,170
Entry: $117,000
Targets:
šÆ TP1: $113,682 (~2.8%)
šÆ TP2: $111,920 (~4.3%)
SL: $117,500 (~0.4% risk)
RRR: 1:7+
āŖ Scenario 3 ā Range Trade š
Buy Zone: $117,250ā$117,500 (š” EMA25 + near low)
Sell Zone: $118,900ā$119,064 (š§ EMA7 resistance)
SL: $800 buffer below/above entry
---
š” Risk Management
ā Risk ā¤1% capital per trade
ā
Confirm breakouts/breakdowns with candle close + volume surge
šÆ Trail stop to breakeven at TP1
š Exit if RSI(6) > 70 or < 30
---
ā Critical Triggers to Watch
1. š Bullish: Volume-backed break above $119,064
2. š Bearish: StochRSI reversal + loss of $117,180
3. š Neutral: Sideways play until breakout
---
š” "Trade the chart, not the wish."
š Monitor EMA(7) & StochRSI ā price is at an inflection point.
š Disclaimer: Not financial advice. Markets are volatile ā always use SL.
Trade From here š
$BTC ---
#BTCā #BTCčµ°åæåę #bitcoin #BTCš„š„š„š„š„