update of this post
#BTC / USDT Long Trade Setup 🚀 | Technical + Trend Analysis
Current Price: $93,216.5
24h Change: -1.92%
24h Low/High: $92,804.9 / $95,610.3
Technical Analysis 🧠
BTC just bounced off strong support at $92,800
Price printed a long wick below support — bullish rejection
Moving Averages:
MA5: $94,188.4
MA10: $94,491.8
MA30: $94,734.9
If price reclaims above MA10 and MA30, it could trigger a short squeeze
Trend Analysis & Market Structure 📈
On the 1H chart, BTC is in a short-term downtrend, but
forming a potential double bottom around $92.8K
Bullish Divergence may form if RSI is rising while price holds flat/down
Volume spike at the bottom = possible trend reversal brewing
Trade Plan (LONG Bias) 🟩
Entry Zone:
Between $93,000 – $93,300 (bounce confirmation)
Targets:
TP1: $94,200 (MA5 zone)
TP2: $94,700 (MA30 resistance)
TP3: $95,600 (Local high)
Stop Loss:
Below $92,600 (invalidate bounce setup)
Confirmation Signals to Watch ⚠️
Candle close above MA10/MA30 ✅
Bullish engulfing on 1H ✅
Volume increasing on green candles ✅
If BTC flips MA resistance into support, it could fuel the next leg up! Stay sharp & manage your risk.
#Bitcoin #CryptoTA #BTCTradeSetup #Binance #CryptoAnalysis
