Based on the BTC/USDT price chart on Binance, the following observations can be made:
1. Overall trend
Current price: 85,194.44 USDT (+3.17%) → Uptrend in the 1H frame.
24h highest price: 85,499.55 USDT, 24h lowest price: 82,265.10 USDT.
EMA(7) = 84,622.20, EMA(25) = 83,717.57, EMA(99) = 83,584.71 → The current price is above all three EMA lines, confirming the uptrend.
2. Trading volume & OBV
24h trading volume: 20,048 BTC, equivalent to 1.68B USDT, indicating the market has good liquidity.
OBV (-23.529) is gradually recovering, indicating that capital is showing signs of flowing in.
3. Trading strategy
Long position (Priority - following the main trend)
Entry point: If the price adjusts to the range of 84,500 - 84,700 USDT, one can enter a Long position.
Stop Loss: If the price drops below 83,800 USDT, one may exit the position to avoid risk.
Take Profit: Targeting 86,500 - 87,000 USDT, one can gradually take profit.
Short position (High risk - only consider when there are signs of reversal)
Entry point: If the price fails to break 85,500 USDT and shows signs of weakening, one can Short from this area.
Stop Loss: If the price breaks 86,000 USDT, exit the position immediately.
Take Profit: If the price drops to 84,000 - 83,500 USDT, one can take profit.
Conclusion
The main trend is still upward, therefore Long positions will have a higher probability of winning if the price adjusts to support EMA(7) or EMA(25). Short positions are only suitable if there are strong reversal signs at the resistance of 85,500 - 86,000 USDT.
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