$BTC Short-Term Trading Ideas (15m - 1h) * Idea 1: Breakout Trading * Target Price: 102.500 * Sell Price: 101.500 * Strategy: Wait for a clear breakout above the 102.000 resistance level. Place a buy order at 102.000 and set a target price at 102.500. If the price retraces to 101.500, exit the trade. * Idea 2: Reversal Trading * Target Price: 100.500 * Sell Price: 101.500 * Strategy: Look for a bearish reversal pattern on the 15m chart, such as a bearish engulfing candle or a double top. Place a sell order at 101.500 and set a target price at 100.500. If the price breaks above 101.500, exit the trade. Medium-Term Trading Ideas (4h - 1d) * Idea 1: Trend Following * Target Price: 105.000 * Sell Price: 98.000 * Strategy: Identify the overall trend direction on the 4h chart. If the trend is up, place a buy order at the current price and set a target price at 105.000. If the trend is down, place a sell order at the current price and set a target price at 98.000. Use stop-loss orders to manage risk. * Idea 2: Retracement Trading * Target Price: 103.000 * Sell Price: 99.000 * Strategy: Look for a retracement to the 50% Fibonacci level on the 4h chart. Place a buy order at the 50% level and set a target price at 103.000. Use a stop-loss order below the 61.8% Fibonacci level. Long-Term Trading Ideas (More) * Idea 1: Accumulation/Distribution * Target Price: 110.000 * Sell Price: 95.000 * Strategy: Analyze the on-balance volume (OBV) indicator on the daily chart to identify accumulation or distribution phases. If accumulation is occurring, buy and hold. If distribution is occurring, sell and short. * Idea 2: Support/Resistance * Target Price: 108.000 * Sell Price: 92.000 * Strategy: Identify key support and resistance levels on the daily chart. Buy when the price breaks above resistance and sell when it breaks below support. Use stop-loss orders to manage risk. $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.