$BTC
✅ BTC Analysis - 1-Minute Frame (1m)
📍 Current Price: $105,363.76
1. 🔸 Current General Trend:
Bullish momentarily if we notice:
Breaking a previous high on the minute.
9 EMA is above 21 EMA.
Strong green candles with momentum.
Bearish momentarily if:
A previous low is broken.
Appearance of reversal candles (shooting star or engulfing).
RSI indicator is below 50 and trending downwards.
2. 🔹 Momentary Support and Resistance Levels:
Nearby Resistance: 105,500 – if broken with strong trading volumes, we may witness a quick surge up to 105,750
Nearby Support: 105,200 – breaking this may push the price towards 104,950
3. 📊 Important Indicators:
RSI (1-Minute Frame): if it exceeds 70 = Overbought (Scalping Sell Opportunity)
MACD: Positive crossover = Enter, Negative = Exit or Sell
VWAP: Price above VWAP = Buying Pressure
4. ⚠️ Potential Scalping Trade (Educational Example):
Buy from: 105,250
First Target: 105,450
Stop Loss: 105,100
Reason: Bounce from support + Moving Average crossover + RSI confirmation
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🧠 Scalping Advice:
Do not enter trades if the last candle has a long upper shadow, indicating hesitation.
Monitor real-time news; any sudden statement may directly affect.