🔸 BTC/USDT – Buying or More Pullback? | Master Trade Analysis 🔸
Overview:
$BTC is trading at $81,868, down 3.87% on the 30-minute timeframe. The price hit a low of $80,000 before bouncing back, but resistance at $84,123 is capping gains. Indicators show mixed signals, suggesting potential consolidation before the next move.
Technical Analysis:
🔹 Bollinger Bands: Price is near the middle band ($82,154), with support at $81,291 and resistance at $83,018.
🔹 RSI (6): 44.57, nearing neutral but slightly bearish.
🔹 MACD: DIF: -95.57, DEA: -140.92, MACD: 45.35, showing short-term selling pressure.
🔹 Volume: 2.97K BTC, steady but not confirming a strong move yet.
🔹 MA (5 & 10): 5-MA ($882.4K) > 10-MA ($633.2K), indicating short-term strength.
🔹 OBV: -59.59K, suggesting slight downward pressure.
🔹 Stochastic (K/D/J): K: 33.91, D: 40.77, J: 20.20, showing oversold conditions.
Trade Strategy:
🔹 Support Zone: $80,500 - $80,000, crucial for price stability.
🔹 Resistance Levels: $83,000 - $84,100, key breakout points.
🔹 Stop-Loss Placement: Below $79,500 to mitigate downside risk.
🔥 Master Trade Setup 🔥
✅ Scalping: Buy $81,500, target $83,000, SL $80,900.
✅ Swing Trade: Buy $80,800, target $84,000, SL $79,500.
⚠️ Breakout Watch: If BTC reclaims $84,100, it could push towards $85,500 - $86,000.
🛡️ Risk Management:
🔹 Risk 2-5% per trade.
🔹 Maintain 1:2 risk-to-reward ratio.
🔹 Monitor volume for confirmation of momentum.
🔹 Adjust stop-loss based on volatility.
💬 Will
$BTC hold $80K, or is a deeper pullback coming? Drop your thoughts below!
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🔹 Data source: Binance
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