#BTC
Intraday Entries in 1 Hour Timeframe for BTC/USDT 07:00 p.m. Mexico Time
1. Bullish Entry (Bounce from Dynamic Support)
Conditions:
- Price bouncing between $86,500 and $86,800 (support area with MA9/MA21 in 1H)
- RSI(6) above 50 (currently around 60, showing neutrality with bullish trend)
- MACD in 1H showing bullish crossover (DIF crossing above DEA)
- Volume increasing in bullish candles near support
Entry:
- Buy between $86,800 and $87,000 upon confirmation of the bounce
- Stop-Loss: $86,400 (below key support)
- Targets:
TP1: $87,500 (intermediate resistance)
TP2: $88,000 (maximum of the last 24 hours)
- Approximate risk/reward ratio of 1:3
2. Bearish Entry (Break with Confirmation)
Conditions:
- Price breaking $86,500 with volume and closing hourly below
- RSI(6) below 50 and MACD in negative (DIF below DEA)
- Rejection at MA200 around $87,200 (key resistance)
Entry:
- Sell between $86,400 and $86,500 after confirming the break
- Stop-Loss: $86,900 (above MA21)
- Targets:
TP1: $85,860 (minimum of the last 24 hours)
TP2: $85,300 (strong support at daily MA200)
- Approximate risk/reward ratio of 1:2.5
Key Indicators for 1 Hour
- Moving Averages:
MA9 around $86,800 (dynamic support)
MA21 around $87,200 (resistance)
MA200 around $87,400 (strong resistance)
- RSI(6) at 60 (neutral, not indicating overbought)
- MACD showing convergence (possible momentum change)
Important Risk Management
- Limit risk to 1-2% of capital per trade
- Adjust stops if price moves favorably (move stop to halfway of target profit)
- Stay alert to relevant news that may affect volatility
Key Levels to Watch
Resistances:
- $87,200 (MA21)
- $87,400 (MA200)
- $88,275 (recent maximum of 24h)
Supports:
- $86,800 (MA9)
- $86,500 (psychological support)
- $85,860 (recent minimum of 24h)