$BTC
📌Analysis + Trade
⬅️ Current Price: $113,455 (±2.51%)
🧐 Analysis on the hourly timeframe (1H)⏱️
🔥 Downward trend for BTC/USDT with noticeable selling pressure.
👈 Technical analysis in brief:
After a bearish candle at $113,455,
the price is below EMA7 ($114,917)
and EMA25 ($114,971)
and EMA50 ($116,978) → Sellers are in control.
And RSI6: at ~ 41.5, indicating weakness in buying.
🔷 Trade Setup:
✅ BTC/USDT (Sell) SHORT – priority
🔰 Entry price at breaking support: $113,000
🎯 Targets (expected in the coming hours):
1- $112,500
2- $112,000
3- $111,500
4- $111,000
🛑 Stop Loss: $114,500
📌 Trader's Advice:
Make sure to close the 1H candle below $113,000 with high selling volume before entering.
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🔄 For corrective bounces
✅ BTC/USDT (Buy) LONG -
🔰 Entry price at breakout: $114,500
🎯 Targets (short corrections):
1- $115,000
2- $115,500
3- $116,000
4- $116,500
🛑 Stop Loss: $112,500
📌 Trader's Advice:
Wait for the 1H candle to close above $114,500 with clear volume before entering.
✨ “Always make sure to follow news and updates related to the market, as they may affect price movements.”