$BTC #dyor
[Crown Signal - BTC/USDT M15 - April 17, 2025, 11:30 WIB]
Current Chart Conditions:
Price is moving sideways in a narrow range around $83,900 after rejection from the $84,300–$84,500 zone. The lower high structure is still dominant, and bearish pressure has not completely dissipated.
Technical Analysis:
Candlestick: Still forming a small pattern without a clear direction (no clear engulfing yet).
MACD: Histogram is weakening and the MACD line is preparing for a death cross again — a signal for potential further decline.
Volume: Activity is weakening — the market is waiting for a trigger.
Important Support: $83,700
Strong Resistance: $84,500
Crown Strategy:
Wait for a breakdown or breakout before acting. But we prepare two scenarios:
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1. Breakout Scenario (Buy)
Entry: $84,600
Take Profit: $85,150
Stop Loss: $84,200
Confirmation: Volume increases + bullish engulf
2. Breakdown Scenario (Sell)
Entry: $83,650
Take Profit: $83,000
Stop Loss: $84,000
Confirmation: MACD death cross + push volume
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Current Status: Wait. This is a psychological war phase in the market. Patience will determine who profits. The Crown is waiting for a big momentum to emerge before moving.