#DayTradingStrategy
📈 BTC/USDT – Daily Chart Analysis
Current Price: $108,670
24H Range:
🔼 High: $109,684
🔽 Low: $107,903
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🔍 Technical Snapshot
✅ BTC is trading above all major moving averages:
MA7: $108,269
MA25: $106,276
MA99: Also below the current price
➡️ This indicates strong bullish momentum and a healthy uptrend.
📈 MACD: Recently formed a bullish crossover — signalling upward strength
📊 RSI: Currently at 57.6
➡️ Neutral-to-bullish zone — not overbought, suggesting more room for gains
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🟢 Long Trade Setup
Entry Range: $108,200 – $108,600
🎯 Target 1: $109,680
🎯 Target 2 (on breakout): $111,280
🛑 Stop-Loss (Daily Close): $107,300
📌 Technical indicators support a strong long opportunity — aligned across MA, RSI, and MACD
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🔴 Short Trade Setup (Cautious View)
Only consider shorting if BTC closes below $107,300 on the daily chart
➡️ This would break the current bullish structure and signal potential downside
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🧭 Conclusion
BTC remains in a bullish pattern on the 1D chart:
Holding well above key MAs
MACD points to continued momentum
RSI suggests room for further upside