Analysis for the trade $BTC /USDT with entry points:
(Current price: $103,592.33, -0.73% over 24h, volume $1.78 billion USDT)
1. Key levels and market context
- 24h range: $102,602.05 (minimum) — $104,432.03 (maximum).
- Support:
- $103,300–$103,400 (31K–77K BTC) — nearest liquidity zone.
- $103,100–$103,200 (6K–16K BTC) — strong order cluster.
- $102,600–$102,800 (0.5K–0.03K BTC) — psychological support.
- Resistance:
- $103,600–$103,700 (2K–81K BTC) — current barrier.
- $103,800–$104,000 (17K–6K BTC) — medium-term resistance.
- $104,432.03 — daily maximum (key level).
Conclusion: The price is consolidating in a narrow range after the correction.
2. Balance of power (Order Book)
- Buyers:
- Active at $103,400–$103,500 (77K BTC).
- Sellers:
- Controlling the zone $103,600–$103,700 (81K BTC).
Impulse: Slight advantage for sellers, but buyers are defending levels below $103,400.
3. Indicators and trend
- RSI:
- RSI(6): 52.88 (neutral).
- RSI(12): 50.01 (balance).
- RSI(24): 50.18 (neutral).
- MACD:
- DIF (**-49.62**) < DEA (**-21.74**), histogram negative — weak bearish impulse.
- EMA:
- Price below EMA(25) ($103,593.49), but above EMA(99) ($103,222.54) — mixed signal.
- Volumes: Moderate ($1.78 billion USDT over 24h).
Risks:
- Breaking $103,300 may accelerate the drop to $102,600.
- False breakout of $103,700 at low volumes.
4. Scenarios for the trade
🟢 Long (BUY)
- Conditions:
- Bounce from $103,400 with increased volume.
- Closing candle above $103,700.
- Take profits:
- TP1: $103,900 (50%).
- TP2: $104,200 (30%).
- TP3: $104,500 (20%).
- Stop-loss: $103,200.
🔴 Short (SELL)
- Conditions:
- Rebound from $103,600 + decrease in volume.
- Take profits:
- TP1: $103,300 (50%).
- TP2: $103,000 (30%).
- TP3: $102,600 (20%).
- Stop-loss: $103,900.
5. Risk management
- Risk per trade: ≤1% of deposit.
- R/R:
- Long: 1:3.
- Short: 1:4.
6. Conclusion
- Priority: Waiting for a reaction at $103,400 (support) or $103,600 (resistance).
- Critical factors:
- Volumes during tests of key levels.
- Macroeconomic news.
📌 Recommendations
1. Conservatives: Wait for a close above $103,700 or below $103,300.
2. Aggressors:
- Long at $103,450 with a stop at $103,200.
- Short on a rebound from $103,650.
3. Avoid: Trading in the range of $103,500–$103,600 without impulse.
🔎 Monitoring:
- Orders at $103,400 (buy) and $103,600 (sell).
- 4H chart for trend confirmation.
