$BTC & $ETH Market Analysis #DavilIndian

Current Market Conditions (1D Chart)

BTC/USDT: $82,762.69 (-1.85%)

ETH/USDT: $1,884.54 (-2.28%)

Trend: Both BTC and ETH are in a short-term downtrend, trading below key moving averages (EMA and MA). The price is also nearing the lower Bollinger Band, which indicates possible oversold conditions.

MACD: Bearish crossover, showing momentum still favors sellers.

RSI:

BTC: 43.94 (Neutral but close to oversold)

ETH: 33.32 (Near oversold)

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Trading Strategy for Different Timeframes

1-Day Strategy (Swing Trading)

Trend: BTC & ETH are in a corrective phase.

Strategy:

If RSI drops below 30 (oversold), wait for a bullish reversal pattern to go long.

Look for bullish divergence in MACD before entering long trades.

Resistance: BTC ~ $89,837 | ETH ~ $2,154

Support: BTC ~ $78,696 | ETH ~ $1,754

Target: 3-5% profit per trade.

4-Hour Strategy (Short-Term Trades)

Trend: BTC & ETH are testing recent lows.

Strategy:

If price bounces from support zones with strong volume, go long.

Short below resistance if price shows rejection.

MACD crossover on a 4H chart can indicate a trend change.

Suggested SL (stop loss): 2% below support.

1-Hour Strategy (Scalping)

Trend: Consolidation with weak momentum.

Strategy:

Enter trades when RSI crosses above 50 for bullish momentum.

Use 20 EMA as dynamic support/resistance.

Small profit targets (1-2%).

#StablecoinSurge #BitcoinBounceBack

30-Minute & 15-Minute Strategy (High-Frequency Trading)

Trend: Price moving in short cycles.

Strategy:

Trade breakouts from Bollinger Bands.

Look for MACD crossovers for entry signals.

Set TP (take profit) at 0.5%-1% moves.