BTC is technically recovering after being deeply oversold, but has not confirmed a trend reversal.
The nearest resistance zone is: 84,300–84,400 (EMA7 & 25)
👉🏼The main trend is still strongly upward
Short-term trading strategy:
1. Long bottom fishing (scalp):
• Entry: 83900–84,000
• SL: 83,650
• TP1: 84,300
• TP2: 84,500
• TP3: > 85k
2. Short in the direction of the trend if the price rebounds strongly:
• Entry: 84,800–85200
• SL: 85500
• TP: 84,000 → 83,500