Latest Daily Candle:
Range: $92,953 (low) ↔️ $94,499 (high)
Close: $93,565, down ~0.8% from yesterday’s close
Candle type -modest bearish candle with both upper and lower wicks-sellers nudged price below yesterday’s open, but bulls defended around $93k.
🗒This indecision hints that neither side has full control right now, setting the stage for a meaningful breakout or breakdown.
‼️on the 4-hour chart, BTC has carved out a classic symmetrical triangle over the last several sessions:
Higher lows around $92,500 → $93,000
Lower highs near $94,800 → $94,400
🔍Watch these breakout zones:
Bullish trigger: Clear 4H close above $94,500
Bearish trigger: 4H close below $92,800
🗒Indicators:
RSI (14, 4H): Hovering ~50 – neutral
MACD (4H): Flattening, waiting for a decisive cross
Volume: Gradually contracting inside the triangle (classic pre–break move))
Friendly Recommendations for Traders
🔍Be Patient, Avoid the Chop
Inside the triangle, price can whipsaw. Sit tight and let the market reveal its hand.
🔍Trade the Break + Retest
Long entry only after a 4H candle closes above $94,500 and price briefly retests that level.
Short entry only after a 4H candle closes below $92,800 and price comes back to test it as resistance.
‼️Manage Your Risk
⚠️Use a stop-loss just inside the structure (≈ $200–$300).
⚠️Aim for at least a 1.5:1 reward-to-risk (e.g., targeting $96,000+ on a bullish breakout).
🔍Always stay Flexible: If price stalls around either level, respect the indecision-no shame in skipping a trade.
Adjust your targets if broader market sentiment shifts (e.g., on major news or macro releases).
🔍Keep an Eye on Volume
A genuine breakout should be accompanied by a noticeable uptick in volume.
‼️If volume is thin, beware of false moves.
Trading BTC/USDT right now is all about discipline and confirmation. The pattern is set, the levels are clear—let’s wait for the move, not force it. Protect your capital first, trade what you see, and you’ll be in prime position for the next big swing.
Happy trading, and may your setups always work in your favor!
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