📊 BTC is still following the plan I have for you all ✅✅✅
👉 The order for you all is a bit high because at that time the H1 and H4 frames were running quite nicely
👉 For those who can DCA, consider it close to the bottom 😍
📊 BTC Market Analysis – Date 08/08
🔥 Overall Trend:
👉 BTC experienced a 3k price pump in yesterday's session, indicating that bottom-fishing buying pressure is returning quite positively. However, the current uptrend still cannot surpass the critical resistance zone of 118k – 120k, which is considered a significant barrier for BTC to aim for the next target at 125k.
📈 Technical Analysis:
- Strong resistance zone: 118k – 120k
- Nearby support zone: 116k – 115K6
→ This is the price zone expected to hold firm to create the next growth momentum.
🎯 Proposed Trading Strategy – #LongBTC
👉 Entry: 116k4 – 116k
👉 SL: 115k
👉 TP: 117k4
→ If the price breaks through 117k6, you should consider taking some profits, while the remaining can continue to hold towards 120k +.
📌 Note:
It is advisable to manage capital tightly and closely monitor price movements in the support zone.
Do not FOMO when the price approaches resistance if you don’t have an order.
I will update the news I bring to you as quickly as possible.
👉 Follow and Like me to not miss out on quality opportunities and daily Plan updates 🚀🚀🚀.
🔥 Overall Trend:
👉 BTC experienced a 3k price pump in yesterday's session, indicating that bottom-fishing buying pressure is returning quite positively. However, the current uptrend still cannot surpass the critical resistance zone of 118k – 120k, which is considered a significant barrier for BTC to aim for the next target at 125k.
📈 Technical Analysis:
- Strong resistance zone: 118k – 120k
- Nearby support zone: 116k – 115K6
→ This is the price zone expected to hold firm to create the next growth momentum.
🎯 Proposed Trading Strategy – #LongBTC
👉 Entry: 116k4 – 116k
👉 SL: 115k
👉 TP: 117k4
→ If the price breaks through 117k6, you should consider taking some profits, while the remaining can continue to hold towards 120k +.
📌 Note:
It is advisable to manage capital tightly and closely monitor price movements in the support zone.
Do not FOMO when the price approaches resistance if you don’t have an order.
I will update the news I bring to you as quickly as possible.
👉 Follow and Like me to not miss out on quality opportunities and daily Plan updates 🚀🚀🚀.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
117,132.75
+0.75%