Entry Plan
🔻 If Going SHORT:
Entry Zone: $108,400 – $108,800
Stop-Loss: $109,400
Target 1: $106,400
Target 2: $103,500
🔼 If Going LONG (only if breakout):
Only enter if daily candle closes above $109,000
Then target: $111,200+
📊 BTC/USDT Daily Chart Analysis
🔍 Market Overview:
Current Price: $108,179.9
Price Change (24h): -0.63%
Timeframe: 1D (Daily)
📈 Moving Averages (MA):
Indicator Value Signal
MA(7) 108,566 Price is below – bearish short-term
MA(25) 106,343 Price is above – bullish medium-term
MA(99) 99,409 Price is above – bullish long-t
🧱 Support and Resistance Levels:
Type Level (USDT) Comment
Resistance 108,566 Near-term resistance (MA7)
Resistance 111,280 Recent swing high
Support 106,343 Medium support (MA25)
Support 103,402 Previous structure support
Support 99,464 Strong support (MA99)
📉 Volume:
Volume is decreasing, indicating weakening momentum.
📊 RSI (Relative Strength Index):
Current RSI(6): 53.3
Neutral zone, but starting to curve downward → Possible weakness ahead.
📉 MACD (Moving Average Convergence Divergence):
MACD Line is slightly above Signal Line but flattening.
Histogram is also flattening – showing decreasing bullish momentum.
✅ Conclusion:
Decision Chance Why
🔻 SHORT 60% Weakening RSI & MACD, price under MA(7), low volume
🔼 LONG 40% Still above MA(25) & MA(99), structure intact
📍 Entry Plan
🔻 If Going SHORT:
Entry Zone: $108,400 – $108,800
Stop-Loss: $109,400
Target 1: $106,400
Target 2: $103,500
🔼 If Going LONG (only if breakout):
Only enter if daily candle closes above $109,000
Then target: $111,200+
#DayTradingStrategy #BTC #BTCtraders #todaytrade #Write2Earn
