🛑 Major support levels
Strong support lies around $115,500, and if broken, the price may head towards $109,000
Additional support can be observed at $108,300, after it turned from resistance to support previously
In the short term, there is immediate support at $115,410–$114,937 according to the Bollinger band range and stochastic indicators submerged in the sell saturation area
🧱 Resistance levels
Nearby resistance is at $119,000–$120,000, where prices have recently tested it and the breakout is still weak
Medium resistance at $125,000–$130,000, followed by major resistance at $136,000–$137,000 if the momentum continues upwards
Another analysis places resistance at $123,218 (recent official peak)
---
⚙️ Scalping method for Bitcoin
Quick concept:
Execute very short trades (seconds to minutes) to take multiple small profits in the same session, helping to accumulate stable daily profit
Typically applied through minute charts (1–5 minutes) using indicators like RSI, Bollinger, and Fibonacci
Steps to implement scalping:
1. Schedule the appropriate timeframe – such as 1 or 5 minutes for clarity on price movement.
2. Determine daily trading range: enter near support areas and sell at resistance.
3. Use short-term indicators:
RSI on the 1h or 4h timeframe shows a sell saturation at ~34 → Signal for a potential technical rebound
Stochastic RSI settles at ~28 indicating a potential short-term rise
4. Risk management:
Tight stop loss orders (e.g., 0.2–0.5%)
Set a small profit target (like 0.3–0.7% per trade)
Ensure reduction of commission costs
5. Commitment and discipline: adhere to the stop loss and profit plan and do not hesitate
Practical example:
Entry Buy (Long) at strong support ~$115,500
Stop Loss set at ~$115,000
Take Profit target at ~$116,200–$116,500
This pattern repeats several times during a single scalping session, especially during high liquidity times (like the Asian session):
---
🧭 Summary:
Type Important levels
Support $115,500 – Major support, $109,000 Major long-term support
Alternative support $108,300 as the previous key support
Resistance $119,000–$120,000 First resistance
Average Target $125,000–$130,000
Long-term target $136,000–$137,000
⚠️ If support breaks at $115,000, we may see a drop towards $109,000 or lower, this should be monitored closely
