📈 Update Analysis $BTC (M15)
⚠️ BTCUSDT down 0.16%, but there is a quick rebound from $83,691. Beware of overbought!
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🔍 Quick Analysis:
Current Price: $84,311.8
24 Hour High: $84,480.0
24 Hour Low: $83,564.5
24 Hour Change: -0.16%
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📌 Entry Strategy $BTC
1️⃣ Sell on Resistance in the Area of $84,450 - $84,500
📍 Sell Entry: $84,450 - $84,500 (if there is a rejection & red candle in this area)
🎯 TP1: $84,200
🎯 TP2: $83,800
🛑 SL: $84,600
🔹 Entry Confirmation:
✅ Price approaches $84,450 - $84,500 and then fails to break through
✅ Stoch RSI remains in overbought & starts to decline
✅ Volume starts to decrease at high levels
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2️⃣ Buy on Support in the Area of $83,800 - $83,900
📍 Buy Entry: $83,800 - $83,900 (if the price holds & there is a bullish candle in this area)
🎯 TP1: $84,200
🎯 TP2: $84,450
🛑 SL: $83,650
🔹 Entry Confirmation:
✅ Price drops to $83,800 - $83,900 but does not break down
✅ Stoch RSI exits from oversold and starts to rise
✅ Buying volume increases when touching support
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💡 Conclusion
• BTCUSDT managed to rebound but has entered the overbought zone.
• Area $84,450 - $84,500 becomes an important resistance. If it fails to break, it can correct again.
• Strong support at $83,800 - $83,900. If it holds, there could be another bounce.
• Watch the volume! If buying volume continues to rise, it could continue the uptrend.
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