$BTC BTC Scalping Strategy (5-Minute Timeframe) – April 21, 2025
Current Price: ~$87,528 (up 2.78% on the day)
Market Trend: Bullish momentum, trading above 20 SMA on Bollinger Bands
Resistance: ~$88,300 (upper Bollinger Band)
Support: ~$86,800 (recent consolidation zone)
Scalping Plan:
Entry Point: Buy on pullback near $86,800
Stop-Loss: Below $86,000
Take-Profit: Target $88,300
RSI: Neutral — room for upward move
EMA (9 & 21): Uptrend confirmed
Risk Level: Moderate — watch for sudden volatility