🚀 Smart Trading Plan for BTC/USDT: Profit from the Calm Before the Storm!
In light of the current volatility of Bitcoin's price at 116,861.06, strong technical indicators suggest that the market is preparing for a decisive move. Here’s a successful trading plan based on a careful analysis of the indicators:
📌 Entry Point:
- Enter at 116,750 – 116,850, which is a strong support area close to MA(99) and RSI(6) being oversold.
🎯 Profit Targets:
- First target: 117,800
- Second target: 119,000
- Third target (in case of a strong breakout): 120,500
🛡️ Stop Loss:
- Below the support level at 116,300 to reduce risks.
📊 Capital Management:
- Risk does not exceed 2–3% of capital for each trade.
- Split entry into two phases to increase flexibility.
💬 Why this plan?
- RSI and Stoch RSI are in oversold areas, enhancing the likelihood of a reversal.
- Trading volume is above average, indicating increased interest in the current price.
- The negative MACD crossover has begun to lose momentum, paving the way for a potential reversal.
✅ Advice for Professionals:
Watch for a break of the MA(25) level at 117,199. If broken consistently, the market may enter a strong bullish wave.
📣 Share your opinion: Do you think Bitcoin is preparing for a new surge?
Write your predictions in the comments and be part of the active trading community on Binance Square!