$BTC ๐ GOLDN CROSS OVER BUILDING ๐
๐ Bitcoin (BTC) Short-Day Trading Strategy
Current Price: $117,890
24h Volume: $1.8 Billion
Trend: Sideways-to-Bullish Consolidation
Market Cap Rank: #1
Volatility: High (ยฑ1.5โ2.5% intraday)
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๐ Technical Overview
๐น Key Levels (15min / 1h / 4h)
Immediate Resistance:
$118,300 (local high)
$119,500 (psychological barrier + Fibonacci 0.786 zone)
Strong Supports:
$117,200 (intra-range support)
$115,800 (range floor from previous sessions)
๐น Indicators
RSI (1H): 64 โ approaching overbought but room to run
MACD: Bullish crossover, momentum slowly building
EMA 20/50 (1H): Price trading above both โ short-term bullish
Bollinger Bands: Tightening โ potential volatility breakout
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โ Short-Day Trade Setups
๐ 1. Breakout Strategy
Trigger: Clear breakout above $118,300 with volume
Entry Zone: $118,350โ$118,700
Targets:
TP1: $119,500
TP2: $120,400
Stop-Loss: $117,600
RR Ratio: ~1:2
๐ Watch 5โ15 min chart for bullish engulfing/flag pattern before entry.
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๐ 2. Support Bounce Strategy
Trigger: Pullback to $117,200 with bullish reversal candle
Entry: $117,200โ$117,400
Targets:
TP1: $118,000
TP2: $118,600
Stop-Loss: $116,700
RR Ratio: ~1:2+
๐ก Confirm bounce with RSI > 50 and MACD turning upward.
๐ง Market Sentiment
Factor Sentiment Notes
ETF Flows ๐ข Positive Strong institutional demand in past 2 weeks
Retail Activity ๐ก Moderate Caution after minor sell-off
Funding Rate ๐ข Neutral/Positive No excessive longs/shorts detected
๐ Disclaimer
> This content is not financial advice. It is for educational and informational purposes only. Cryptocurrency markets are highly volatile, and short-term trading involves significant risk. Always do your own research (DYOR), use proper risk management, and set stop-losses to protect your capital. Trade responsibly.
