Current situation
- Price: $104,105 (+0.52%)
- Key levels:
- Support: $100,496.50 / $93,607.98
- Resistance: $104,976.25 (max. in 24h)
- Moving averages:
- MA(7): $103,737.31 (short-term uptrend)
- MA(25): $96,741.46 (medium-term support)
- MA(99): $89,907.20 (long-term uptrend)
Plan for today
1. Scenario for buying (Long)
- Entry:
- Bounce off $100,496.50 (support level) or consolidation above MA(7) ($103,737).
- Confirmation: increase in volume and RSI > 50 (on the 15M/1H timeframe).
- Take-profit: $104,976 (local maximum) → $107,385 (next resistance).
- Stop-loss: below $99,800 (buffer below support).
2. Scenario for selling (Short)
- Entry:
- Bounce off $104,976 with low volume or break below MA(7).
- Confirmation: RSI < 45 and MACD histogram in the negative.
- Take-profit: $102,811 (minimum in 24h) → $100,496.
- Stop-loss: above $105,500.
3. Caution
- Critical levels:
- Breakout $105,000 with volume → signal for continuation of growth.
- Drop below $100,000 → risk of correction to $96,741 (MA 25).
Risk management
- Position: No more than 2-3% of the deposit per trade.
- Correlation with news: Monitor macroeconomic data (inflation, regulatory news).
Ready to work? Waiting for your comments and additions! 🚀