Current price: $104,383 (‑3.88%) | Intraday range: $103,597 – $108,753
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1. Plan objective
Goal: To obtain profits from short and medium-term movements.
Horizon: From days to weeks.
2. Context analysis
Recent trend: BTC retraced from highs near $108k, with support at $103.6k.
Key resistance: Upon breaking $100k, the technical target could rise to $107k–$110k.
**Reference supports:**
First support around $103.6k, below the current intraday range.
Second support at $92k–$85k according to historical analysis.
3. Entry and exit strategy
Buy (entry):
If BTC approaches $103,600–$104,000, confirm with reversal candles.
Initial contribution: 10% of total capital allocated.
Stop-loss: about 2% below the entry (≈$102,000).
**Exit (take profit):**
Target 1: $108,500 (intraday range resistance).
Target 2: $110,000–$112,000, historical consolidation zone (mentioned in news).
4. Risk management
Position size: Do not risk more than 1–2% of total capital per trade.
Stop-loss: Rigid, activated if the price falls 2% below the entry.
Diversification: Do not invest more than 25% of the portfolio in BTC.
Periodic review: Evaluate after each significant movement, adapting SL/TP or closing the position if the trend changes.
5. Technical tools
Suggested indicators:
RSI 14 to measure overbought/oversold.
Short MA (20) and long MA (50) to detect bullish (golden cross) or bearish (death cross) crossings.
Actions:
Buy if RSI < 30 (oversold) and MA20 crosses MA50 upwards.
Do not enter if RSI > 70 (overbought).
6. Registration and analysis
Trading diary: Record date, entry/exit price, reason, outcome, and sentiment.
Weekly review: Evaluate win/loss ratio, adjust strategy according to detected patterns.
7. Continuous adaptation
Stay alert for key news: For example, Morgan Stanley integrating spot trading may drive prices up.
Reevaluate levels: Update resistances and supports according to new technical zones.
Maintain discipline: Avoid impulsive decisions due to FOMO/FUD.
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📌 Quick summary
Element Detail
Current price $104,383
Entry $103,600–104,000
Stop-loss ≈ $102,000 (–2%)
T1 / T2 $108,500 / $110–112k
Risk per trade 1–2% of capital
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