*BTC/USDT 1H frame
1. Trend overview:
Current price: 109,782.60 USDT
Strong increase from the bottom 104,184.72 — clear recovery.
MA(7) > MA(25) > MA(99): Medium-term structure confirms the bullish trend.
2. RSI (6): 69.25
Close to the overbought zone (70) — warning of a possible slight correction.
Although not too high yet, it is approaching a level that requires caution when opening new Long orders.
3. MACD:
DIF: 820.39 > DEA: 644.13 => positive MACD = 176.27 → strong bullish signal.
The histogram is expanding upwards → bullish momentum still exists, but may start to weaken gradually.
4. Stochastic (K: 73.42 | D: 66.37 | J: 87.52):
K line crosses D: bullish crossover.
However, J has exceeded 80 → overbought signal, possibility of short-term correction.
Proposed trading strategy:
– Long Order:
Main trend: bullish – watch for buying in the slight correction area
Entry: 108,200 – 108,400 (nearest MA7 + old support)
TP1: 110,800 (nearest peak)
TP2: 111,500 (next resistance zone)
SL: 107,200 (below MA25)
– Short Order:
Short-term if the price does not break 111K – watch for a reversal sell
Entry: 110,800 – 111,200 (strong resistance + high RSI)
TP1: 109,000 (nearest support)
TP2: 108,000 (MA7 zone)
SL: 111,800 (break resistance, exit order)
- BUY POSITION IMMEDIATELY:
Entry: Good price range: 108,200 – 108,800 USDT
(this is a zone near MA7, strong support in the short term)
If you accept high risk: you can buy a portion immediately at 109,700 – 109,800
TP1: 110,800 USDT – nearest peak
TP2: 111,800 – 112,000 USDT – next resistance on the 1H/4H frame
SL: 107,200 USDT
(below MA25 and nearest support zone)
Summary:
Dominant trend: strongly bullish, but need to wait for a correction to enter a safe Long position.
Both RSI and MACD indicators support the bulls, but are showing signs of temporarily reaching a short-term peak.
Optimal strategy: Buy back when the price corrects, or short if a rejection candle appears at 111K.
