*DEEPER ANALYSIS (05/18/2025)
1. Market structure & trend:
- The 1H frame shows BTC is in a slight adjustment phase after recovering from the bottom of 102.612.50.
- The current price zone 103.190 is fluctuating around MA(25) and below MA(99), indicating that the medium-term trend has not confirmed a bullish reversal.
- MA(7) is crossing above MA(25), indicating a feasible short-term rebound signal.
2. Volume:
- Increased volume at strong recent bullish candles, indicating good buying absorption around the 102.600–102.900 zone.
- However, the volume peak appears with a red candle, implying there is still selling pressure at resistance.
3. Dynamic support and resistance:
- Short-term support: 102.612 (the nearest low), followed by 102.515.
- Strong resistance: 103.368, 103.794 and 104.220.
- Breaking 103.794 with high volume may confirm breakout back to the 104.500–104.800 zone.
4. Price Action Analysis:
- Appearance of a bullish hammer candlestick + Inside bar at the bottom 102.612 -> sign of reversal.
- Recent candles have small bodies and long wicks -> the market is consolidating, waiting for direction confirmation.
5. Trade suggestion:
#Spot trading - Safety priority:
- Entry: 102.800–103.000
- TP1: 103.368
- TP2: 103.794
- SL: 102.500
#Buy Long (Futures Contract):
- Entry: 102.800 (when retesting + increased volume)
- TP1: 103.368
- TP2: 104.000
- TP3 (longer): 104.500
- SL: 102.400 (risk management 1:2)
#Sell Short (when BTC fails to break resistance):
- Entry: 103.700–103.800
- TP1: 103.190
- TP2: 102.700
- SL: 104.200
6. Additional signals to watch:
- 1H RSI is approaching the 60 zone, not overbought -> could continue to rise.
- MACD shows signs of a positive crossover, but is still weak -> needs confirmation by volume and breaking resistance.
- The liquidation chart shows no strong squeeze signals, so there is still room for unexpected volatility.
7. Capital management strategy:
- Maximum risk per order: 1–2% of the account.
- Minimum Risk/Reward ratio: 1:2.
Note: Cryptocurrency market volatility can change very quickly. Always need to confirm signals before entering orders.