🔵 Complete Technical Analysis – BTCUSDT – Current Price: 118,476
⏱️ Hourly Frame (H1)
General trend: Moderately bullish after a bounce from support at 117,500
Moving Averages:
MA50 slightly above the price = Nearby dynamic resistance
MA200 below the price = Strong immediate support at 117,000
VWAP (Hourly): The price is currently above it = Bullish bias
📉 Supports:
1. 117,800 = Strong immediate support (Previous daily bottom)
2. 117,000 = Very solid support from weekly lows
3. 116,200 = Extended support from the end of June
📈 Resistances:
1. 118,800 = Direct resistance now (Today's peak)
2. 119,400 = Immediate supply zone
3. 120,200 = Major daily resistance
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🟢 15 Minute Frame (M15)
Price Action Pattern: Gradual rise + Horizontal fluctuation
RSI: Moderate at 55–60 → Not overbought or oversold
Other Indicators: The price is forming a small internal upward channel
🔸 Expected Scenario: If the price stabilizes above 118,600 for 3 candles, buying momentum begins to become clear
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⚡ Live Scalping – 3 Minute Frame (M3)
✅ Scalping Buy Trade
Entry: 118,480 (Entry has been made approximately now)
Target 1: 118,700
Target 2 (Optional): 119,000
Stop Loss: 118,280
Cooling Point: 118,350 (If it returns to this, reinforcement may be possible)
🟢 Trade Management Tips:
Watch the volume at 118,600: If it increases → possibility of breaking the resistance
Strong reversal candle below 118,300 → Immediate exit
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🔴 When do we cancel the trade?
If the M3 candle closes below 118,200 with high volume → T
The trade was canceled.
If the price rises without volume and breaks 118,600 then quickly returns below it → Bull trap.
