#MyTradingStyle is conservative I only do spot trading , a | Crypto-Lover-artist on Binance Square

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Crypto-Lover-artist

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#MyTradingStyle is conservative 
I only do spot trading , alhumdulilah, and have made good profits 
I stay away from gambling , meme coins, or futures and options and alpha etc
Better safe than sorry !

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Let's dive deep into the charts and recent news to shape a short-term trade setup for Bitcoin and Ethereum. My analysis has combined a review of recent CPI‐driven retracements along with technical tools such as MACD, RSI, and key support/resistance levels from multiple sources --- Bitcoin (BTC) Trade Setup Recent Context: Recent news noted that Bitcoin experienced a slight dip after CPI data and is currently consolidating inside a well-defined ascending channel. Despite a bearish crossover lingering on the MACD, the histogram is flattening and the RSI remains around 55. This suggests that while momentum has eased, there isn’t an immediate sign of deeper weakness provided support levels hold. Technical Setup: Key Support: Approximately $103,000 - Key Resistance: Around $111,000 Trade Details: - Entry Price: Look to initiate near $105,000 as price regains footing after a minor pullback to support. - Stop Loss: Place a stop loss around $102,800—safely below the support zone—to protect against a breakdown. - Target: Aim for at least $111,000, near the upper boundary of the current channel. - Confidence Level: 7.5/10 - Rationale: The structure remains bullish if support is held. Technical signals (MACD and RSI) suggest room for a short-term rebound while keeping risk in check. $USDC

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Trade Setup: Short BTCUSDT (Bitcoin) Short $BTC :( Entry Point: 104,200 – 104,400 USDT Stop Loss: 106,000 USDT Take Profit: 100,500 USDT Risk-Reward Ratio: ~1.9:1 Rationale: RSI (60min) at 39.37 indicates weak momentum; price is trending below the VWAP. ADX remains low (26.6), suggesting a weak trend but bearish momentum is intensifying. Momentum (Mom) and AO on both daily and hourly are deeply negative. Price is now under EMA20, EMA50, and converging with EMA100, implying increasing downside pressure. High-volume selloffs visible recently.

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#FOMCMeeting Will decide US interest rates lets see what they decide but hopefully it'll be good for Bitcoin This will be interesting

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Sorry to say, but Bitcoin is bearish from here :( 1. BTCUSDT – Short Bias Entry: $10650 – $10700 Stop Loss: $10950 Take Profit: $10200 Risk-Reward Ratio: ~1:1.8 Rationale: Bitcoin's hourly RSI is at 61.31, showing mild overbought pressure. Momentum and AO are declining, and ADX is weak at 18.90, indicating a lack of strong trend. Price is currently above VWAP but struggling near resistance levels (R1 = 113255). The daily momentum indicators are also fading. A short pullback is probable after the recent rally. #Bitcoin

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$BTC is Bullish!! Short-Term Trade (1-Day Horizon) Rationale: The 1-day chart for Bitcoin presents a mixed but leaning bullish picture. The Relative Strength Index (RSI) is currently in neutral territory, suggesting neither overbought nor oversold conditions, which allows for potential upside. More decisively, the MACD indicator has recently signaled a buy, indicating a potential shift in momentum to the upside. However, caution is warranted as the shorter-term moving averages suggest some resistance. This trade aims to capture a short-term upward price movement while managing risk tightly. * Recommendation: Long * Entry Price: $105,500 * Stop-Loss: $103,800 * Take-Profit: $108,000 * Confidence Level: 65% The 1-week chart for Bitcoin offers a more confident bullish signal. Both the RSI and MACD indicators are firmly in buy territory, suggesting a sustained upward trend. The price is trading comfortably above key weekly moving averages, which are acting as strong support levels. This confluence of bullish indicators points towards a high probability of continued price appreciation over the coming week.

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