$BTC BTC/USDT Trading Strategy (1-Day Timeframe)

Here’s a simple yet effective trading plan based on the current market structure:

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📊 Strategy Overview:

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🔍 Entry Points

1. Long Position (Buy) Setup:

Entry: Enter a long position once the price breaks above $97,822 with high volume.

Confirmation: Ensure a 1-hour or 4-hour candle closes above $97,822 to confirm the breakout.

✅ Target 1: $100,000 (psychological level)

✅ Target 2: $108,000 (previous high resistance)

❗ Stop Loss: Set at $96,000 to protect against sudden reversals.

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2. Short Position (Sell) Setup:

Entry: If the price fails to break $97,822 and falls below $94,800, enter a short position.

Confirmation: Watch for a rejection candle or bearish volume spike.

✅ Target 1: $92,000

✅ Target 2: $90,000

❗ Stop Loss: Set at $97,000 to limit risk.

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📈 Indicators to Monitor:

1. EMA(5), EMA(10), EMA(30) — Ensure price stays above these for a bullish trend.

2. Volume — A breakout should be accompanied by higher-than-average volume.

3. RSI — Watch for overbought/oversold conditions on shorter timeframes.

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⚠️ Risk Management:

Risk 1-2% of your capital per trade.

Use a trailing stop to lock in profits if the price keeps rising.