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BTC Trade analysis, where to short and long?

BTC/USDT Trading Analysis
Current Price: 105,072.00 USDT (-0.34% in 24h)
Key Levels:
- 24h High: 106,244.03
- 24h Low: 104,118

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#Technical Analysis
1. Trend & Structure:
- Price is consolidating near 105,000, below the 24h high (106,244) and above the 24h low (104,118).
- The chart shows a recent downtrend from ~110,500 (June 7 peak) to current levels.
- Immediate Support: 104,118 (24h low).
- Immediate Resistance: 106,244 (24h high), then 107,500.

2. Trading Signals:

- Long (Buy) Setup:
- Entry Zone: 104,118–104,500 (strong support).
- Why? Rebound potential from 24h low + psychological support at 104,000.
- Confirmation: Wait for bullish reversal candlestick (e.g., hammer) or RSI >30 (oversold).
- Targets: 106,244 (24h high) → 107,500.
- Stop-Loss: Below 103,800 (risk: ~0.5-1%).

- Short (Sell) Setup:
- Entry Zone: 106,000–106,244 (resistance).
- Why? Rejection near 24h high + downtrend continuation signal.
- Confirmation: Bearish rejection candle (e.g., shooting star) or RSI <70 (overbought).
- Targets: 105,000 → 104,118 (24h low).
- Stop-Loss: Above 106,500 (risk: ~0.3-0.5%).

3. Risk Management:
- Volume Insight: Low 24h volume (4.568K BTC) suggests cautious momentum.
- Volatility Alert: Break below 104,118 could trigger further drops to 102,500 (next support). Break above 106,244 opens path to 107,500.
- Indicator Cues:
- RSI: Near 50 (neutral) – wait for divergence.
- MACD/KDJ: Use crossovers for confirmation (not visible in screenshot).

Caution:
- Consolidation near 105k may precede volatility – wait for confirmation.
- Avoid trading during low-volume periods (Asia session).

Disclaimer: Not financial advice.

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#BTCUSDT Chart Analysis

1. Key Observations:

1.1 Price Action

Current Price: 8,021,956 USDT (as of today)

24h Range: 7,450,800 (low) – 8,124,358 (high)
→ Indicates significant intraday volatility

24h Volume: 568B USDT
→ High trading activity supporting price movement

1.2 Trend Indicators

Moving Averages:

MA7: 7,824,406 – Price is above → Short-term bullish

MA25: 8,129,142 – Price is below → Acts as resistance

MA99: 8,399,286 – Price is below → Long-term bearish pressure

Trend Context:

Today (Intraday): Bullish momentum (+229)

Weekly/Monthly:

7D: -367

30D: -677
→ Ongoing bearish correction phase

1Y: +1,562 → Long-term bullish trend remains intact

1.3 Key Levels

Resistance:

8,124,358 (24h high)

8,129,142 (MA25)

Support:

7,450,800 (24h low)

7,500,000 (Psychological support)

1.4 Volume Analysis

24h Volume: 568B USDT
→ Strong market participation
→ However, mixed signals across timeframes warrant caution

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2. Actionable Insights:

Short-Term Outlook

Bulls need a clean break above 813k (MA25 & 24h high) to confirm upward continuation

Failure to break resistance could lead to a retest of 75k support zone

Long-Term Outlook

Price remains below MA99 (839k) → Indicates prevailing long-term bearish pressure

A sustained close above MA25 and MA99 is required to confirm trend reversal

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3. Risk Management:

Monitor for volume spikes during key support/resistance tests

Employ tight stop-losses due to high volatility

Consider hedging strategies if 75k support fails

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Made some good profit today #profit #furures #FutureTarding #BSW/USDT #BTC