📍#BTC Technical Analysis (Evening Analysis on 2025/08/20)
BTC surged above the moving average band and S1, but is still below the weekly Pivot of 119,561; the 4H is in a consolidation leaning towards bullish, and the 1H is in a right-side bullish trend. After breaking 119.6k, a mid-term bullish trend will be fully established
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#BTC 【4H】
Trend: Consolidation, leaning bullish. Closed above EMA9/21/200 and weekly S1 114,648, but still below weekly Pivot 119,561
(4H does not have a complete right-side signal, no long or short positions given yet)
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Trend: Strong bullish. Closed above EMA9/21, above daily Pivot 113,112 and crossed R2 115,918; VWAP is turning up, and volume is increasing
🔹 Long Position Information
🛑 Stop Loss: 114,209 (R1) closed below 1H
🟢 Add Long: 115,300 not triggered, 114,209 not triggered
🚀 Breakout to chase long: 117,016 (R3) closed below 1H
🎯 Take Profit: 116,000, 117,016, 118,500
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【#BTC Strategy Summary #BTC Recommendations:
- 1H: Follow the trend to go long, maintain 114,209; accumulate in batches on pullbacks from 115.3k to 114.2k; if it falls back below VWAP, withdraw first
- 4H: Wait for recovery above the weekly Pivot 119,561 to confirm the mid-term bullish trend; until it returns, still consider it as consolidation
- If the breakout has volume, pay attention to accelerate the challenge above 119.6k
