Uy_Tin_Lam_Dau
--
Here are three potential scenarios for traders, based on the H4 chart and current price action of $BTC
#### Scenario 1: Bounce from Support (Bullish)
- Setup: BTC holds above $85,000 and shows bullish reversal patterns (e.g., hammer or doji candlestick) with increasing volume. Price tests the 50-period EMA ($86,258.01) as support.
- Trading Strategy:
- Entry: Buy above $86,500 if a bullish candle forms with volume confirmation.
- Target: $88,000–$89,000 (next resistance near the upper Bollinger Band or prior highs).
- Stop Loss: Below $85,000 to protect against a breakdown.
- Consideration: Watch for confirmation from volume spikes and RSI staying above 50. Be cautious if price fails to break $87,000.
#### Scenario 2: Range-Bound Consolidation (Neutral)
- Setup: BTC trades sideways between $84,000–$85,000 (support) and $87,000–$88,000 (resistance). Volume remains low, and RSI oscillates between 40–60, indicating indecision.
- Trading Strategy:
- Entry: Buy near $85,000, sell near $87,000.
- Target: Profit from the range (e.g., 1%–2% per swing).
- Stop Loss: Below $84,000 for buys, above $88,000 for sells.
- Consideration: Use smaller positions due to potential breakout risk. Monitor for a breakout above $88,000 or breakdown below $84,000.
#### Scenario 3: Breakdown Below Support (Bearish)
- Setup: BTC fails to hold $85,000, breaks below the 200-period EMA ($86,258.01), and drops toward $82,000–$83,000. Volume spikes on the breakdown, and RSI falls below 40.
- Trading Strategy:
- Entry: Short below $85,000 with confirmation (e.g., bearish engulfing candle, volume spike).
- Target: $82,000–$83,000 (prior low and strong support zone).
- Stop Loss: Above $86,500 to avoid a false breakdown.
- Consideration: Be ready to exit if price shows signs of reversal (e.g., volume dries up or RSI stabilizes above 30).
### Additional Notes for Traders
- Risk Management: Given BTC’s volatility, limit risk to 1%–2% of capital per trade. Use tight stops due to the H4 timeframe’s sensitivity.
#BTCDipOrRebound
#### Scenario 1: Bounce from Support (Bullish)
- Setup: BTC holds above $85,000 and shows bullish reversal patterns (e.g., hammer or doji candlestick) with increasing volume. Price tests the 50-period EMA ($86,258.01) as support.
- Trading Strategy:
- Entry: Buy above $86,500 if a bullish candle forms with volume confirmation.
- Target: $88,000–$89,000 (next resistance near the upper Bollinger Band or prior highs).
- Stop Loss: Below $85,000 to protect against a breakdown.
- Consideration: Watch for confirmation from volume spikes and RSI staying above 50. Be cautious if price fails to break $87,000.
#### Scenario 2: Range-Bound Consolidation (Neutral)
- Setup: BTC trades sideways between $84,000–$85,000 (support) and $87,000–$88,000 (resistance). Volume remains low, and RSI oscillates between 40–60, indicating indecision.
- Trading Strategy:
- Entry: Buy near $85,000, sell near $87,000.
- Target: Profit from the range (e.g., 1%–2% per swing).
- Stop Loss: Below $84,000 for buys, above $88,000 for sells.
- Consideration: Use smaller positions due to potential breakout risk. Monitor for a breakout above $88,000 or breakdown below $84,000.
#### Scenario 3: Breakdown Below Support (Bearish)
- Setup: BTC fails to hold $85,000, breaks below the 200-period EMA ($86,258.01), and drops toward $82,000–$83,000. Volume spikes on the breakdown, and RSI falls below 40.
- Trading Strategy:
- Entry: Short below $85,000 with confirmation (e.g., bearish engulfing candle, volume spike).
- Target: $82,000–$83,000 (prior low and strong support zone).
- Stop Loss: Above $86,500 to avoid a false breakdown.
- Consideration: Be ready to exit if price shows signs of reversal (e.g., volume dries up or RSI stabilizes above 30).
### Additional Notes for Traders
- Risk Management: Given BTC’s volatility, limit risk to 1%–2% of capital per trade. Use tight stops due to the H4 timeframe’s sensitivity.
#BTCDipOrRebound
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
4
0