📍 $BTC Technical Analysis – Evening Update
BTC remains bullish but shows short-to-mid consolidation. Dip-buy on weakness, avoid chasing highs.
---
🕒 $BTC 1H Chart
📈 Trend: Small Bullish
• Consolidating above R3 (116,884)
• EMAs coiling, momentum pausing
🔹 Long Setup:
🛑 Stop Loss: 117,626 (break below EMA21 signals weakness)
🟢 Add on Dip: key support 117,855 (EMA9, triggered), last support 117,626 (EMA21)
🚀 Breakout Entry: 118,684
🎯 Targets: 118,684, 120,000, 124,714
---
🕒 BTC 4H Chart
📈 Trend: Medium Bullish
• Holding above R3 after breakout
• EMAs aligned bullish, momentum strong but overbought
🔹 Long Setup:
🛑 Stop Loss: 114,048 (break below EMA21 signals weakness)
🟢 Add on Dip: key support 117,703 (EMA9, triggered), last support 114,048 (EMA21)
🚀 Breakout Entry: 118,684
🎯 Targets: 118,684, 120,000, 124,714
---
🕒 BTC 12H Chart
📈 Trend: Strong Bullish
• Broke downtrend and holds above EMA9/21
• ADX > 20 confirms bullish strength
🔹 Long Setup:
🛑 Stop Loss: 111,999 (break below EMA21 signals weakness)
🟢 Add on Dip: key support 114,943 (EMA9, triggered), last support 111,999 (EMA21)
🚀 Breakout Entry: 118,684
🎯 Targets: 118,684, 120,000, 124,714
---
📌 BTC Strategy Summary
1️⃣ Short-term: Scale in at 117,855–117,626 on 1H dips, SL 117,626, target 118,684
2️⃣ Mid-term: Accumulate at 117,703–114,048 on 4H dips, SL 114,048, upon break 118,684 target 120,000
3️⃣ Long-term: Buy 12H EMA9 pullbacks at 114,943, SL 111,999, break 118,684 confirms extension to 124,714+
4️⃣ Bullish structure intact but short-to-mid term overbought – strict risk control, avoid chasing breakouts
---
💡 Stay disciplined with entries and stops. Follow for daily BTC actionable strategy updates.