$BTC
Alert
#Entry Zone: $118,800 โ $119,000 (let it bounce slightly, then enter short)
Stop Loss: $119,650 (just above strong resistance)
Take Profit 1: $118,200
Take Profit 2: $117,400
๐ BTCUSDT โ 1-Hour Full Analysis (Real Style)
Right now, BTC is chilling around $118,461, and the market is clearly under pressure. Letโs break it down piece by piece โ no boring stuff, just what you need to know:
๐ 1. Moving Averages (MA):
Price is below both MA(7) and MA(25)
Thatโs a clear sign of short-term weakness
Itโs sitting right above MA(99) โ if that breaks, we could see a strong dump
โ ๏ธ 2. RSI โ 35.3
RSI is heading towards oversold territory
This could bring a small bounce, but there's no strong reversal signal yet
๐ 3. MACD โ All Red
MACD is falling hard
Red bars on the histogram are growing
That means: selling pressure is still heavy
๐ฆ 4. Volume
Volume is decreasing
That shows hesitation โ big players are waiting
Also means any sudden move could be a fakeout
๐ฏ Now comes the real magic: Trading Plan
๐ป Short Plan (Much Higher Chance Right Now)
Entry Zone: $118,800 โ $119,000 (let it bounce slightly, then enter short)
Stop Loss: $119,650 (just above strong resistance)
Take Profit 1: $118,200
Take Profit 2: $117,400
Final TP: $116,600 (if market dumps hard)
๐ This is the best plan for now
๐ Indicators all support downside
๐ Price structure is making lower highs and lower lows
๐ข Long Plan (Only if Market Flips Strongly)
Entry: Only after a clean breakout above $119,300 with strength
Stop Loss: $118,800
TP1: $120,300
TP2: $121,500
๐ Honestly, this is low probability right now. Only consider it with strong confirmation.
๐ Final Summary:
> ๐ง Short = 70โ75% success chance right now
๐ข Long = Only valid after a confirmed breakout above $119,300
Otherwise, we may get a small bounce โ then
#BTC #today #todaylosers back down again