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Trading plan for BTCUSDT
1. General context:
Current price: ~$94,344
Technical trend: Upward, wedge broken upwards, trading above the Bollinger middle line
Fundamental data:
- +$18.77 billion net inflows over 30 days
- +$6.19 billion in stablecoins (available capital)
- BTC + ETH net inflow: +$12.58 billion
2. Scenario 1: Continuation of growth (main)
Entry conditions: breakout and consolidation above $94,800–$95,000
Take-profits:
- $97,500 (local resistance)
- $103,000 (round level + liquidity zone)
- $109,700 (historical maximum on the chart)
Stop-loss: $91,000 (below previous candles)
Risk-reward: at least 1:2
Confirmation: RSI up to 70, high volatility, increasing volume
3. Scenario 2: Correction (alternative)
Entry conditions: drop below $88,000
Downward targets:
- $84,000
- $76,400
Stop-loss: $91,000
Applied during a sharp drop in volume and break of the support zone
4. Support for the strategy:
Glassnode shows no outflows (low risk of capitulation)
Inflows into stablecoins hint at deferred purchases
Technically, the market has transitioned from a correction phase to a growth phase