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๐ Key Updates
Price: $105,865.99 (+0.34%) โ testing EMA(7) zone
Volume: $839.25M (โ +25%) โ bullish interest returning
RSI: 46.26 (โ from 43.41) โ momentum improving
MACD: Still bearish โ histogram at -357.13
Breakout Zone: Price reclaimed EMA(25) ($105,680) โ now targeting EMA(7) at $106,178
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๐ง Key Observations
๐ Reclaiming EMA(25) is a short-term bullish signal
โ Still below EMA(7) โ the last wall for near-term trend reversal
๐ MACD histogram not improving โ risk of hidden weakness
โ ๏ธ RSI rising but not yet above 50 โ momentum build, not confirmation
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๐ฏ Trade Plan
๐น Intraday Trades (4-6h)
1. ๐ฅ Long at Support
Entry: $105,700 โ $105,750
Target: $106,128 โ $106,300
Stop Loss: $105,630
Trigger: 15m bullish engulfing or strong volume
2. ๐ค Short at Resistance
Entry: $106,100 โ $106,120
Target: $105,800 โ $105,680
Stop Loss: $106,150
Trigger: Weak volume (<$40M) on test of $106,130
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๐ธ Swing Trades (1-3 Days)
1. ๐ Breakout Long
Entry: $106,150 (above EMA 7)
Target: $106,500 โ $107,000
Stop Loss: $106,050
Confirmation: RSI >50 + 4h candle close above $106,130
2. ๐ป Breakdown Short
Entry: $105,650 (failure to hold EMA 25)
Target: $105,000 โ $104,500
Stop Loss: $105,750
Trigger: MACD histogram < -350
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๐ Risk Management
Position Size: โค1.5% of capital
Stop Loss Risk: Max 0.5% of account
Take Profit Strategy:
Long: 50% at $106,300, 50% at $106,800
Short: 50% at $105,500, 50% at $105,000
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โ๏ธ Critical Price Zones
๐ง Resistance
$106,128 (24h high)
$106,178 (EMA 7)
$106,500 (psychological)
๐ก๏ธ Support
$105,680 (EMA 25)
$105,000 (psychological)
$104,494 (24h low)
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๐ Trigger Conditions
- BEARISH if:
! Rejection at $106,130
! RSI drops <45
! Close < $105,680
! Volume dries up
+ BULLISH if:
! Close > $106,178
! MACD histogram > -300
! Volume > $100M
! RSI >50
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๐งฉ Summary
BTC is at a turning point:
โ Holding above $105,680 supports the bullish case,
โ But resistance at $106,178 must break to confirm uptrend.
๐ Trade Ideas Recap:
Long at $105,700 (support bounce)
Breakout Long above $106,150 (on strength)
Short below $105,650 (if EMA 25 fails)
๐ Avoid long trades above $106,100 without breakout volume confirmation.
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๐ข Action:
Monitor closely. If price fails $105,680, prepare for fast downside to $105k and below.
If bulls break $106,178, momentum could push to $107k+ quickly.
๐ Follow for real-time alerts & updates
