Trading Strategy Title: BTC/USDT Trading Strategy
1. Current Price: 95,747 USDT
2. Period: 14 days
3. Trading Direction: Short Position
Technical Analysis and Strategy Logic:
Monthly: The current price is close to the upper shadow, indicating significant selling pressure, with RSI in the overbought region (82.94), indicating a need for correction.
Weekly: The candlestick shows a top signal, RSI slightly retreats to 72.64, short-term upward momentum weakens, and MACD begins to converge.
Three-Day: The price is oscillating at a high level, with a long lower shadow, indicating support is present, but the breakthrough momentum is insufficient, and RSI gradually retreats to 61.61.
Daily: The candlestick has consecutive bearish days and has broken below the short-term moving average (MA5), the MACD has formed a death cross, and the short-term trend is bearish.
Trading Strategy:
Entry Price: 95,700 USDT
Take Profit Price: 92,200 USDT
Stop Loss Price: 97,000 USDT
Position Size: 15%
Leverage Suggestion: 5x
Click below to trade the pair. $BTC