$BTC #Everyone #follower #Binanceus #BTC☀

### **Technical Analysis of BTC/USDT**

#### **1. Trend Analysis**

- **Current Trend**: The market is showing a **sideways oscillation** with a bearish bias. BTC/USDT failed to break the **63,100 USDT** level and is currently trading near **63,040 USDT**. The moving averages (MA 7 and MA 25) are heading down, indicating a bearish momentum in the short term.

#### **2. Support and resistance levels**

- **Resistance levels**:

- **63,100 USDT** (intersection of MA 7 and MA 25)

- **63,386 USDT** (MA level 99)

- **63,245 USDT** (previous local high)

- **Support levels**:

- Immediate support at **62,952 USDT** (local low)

- Strong support at **62,700 USDT** (previous low and key level)

- Lower support at **62,660 USDT**

#### **3. Japanese Candlestick Analysis**

- The last candle shows a small red candle after a green candle, indicating a rejection from the **63,100 USDT** resistance level. This indicates a potential **selling pressure** as the sideways movement continues as seen in the low volume.

#### **4. Indicators and Oscillators**

- **RSI**: The Relative Strength Index is at **45.49**, indicating a **Neutral to Bearish** bias. There is still room to fall before reaching the oversold zone.

- **MACD**: The MACD is showing some bullish momentum, but it is still weak with a slight crossover above the signal line, indicating **potential weakness** in any bullish recovery.

- **Volume**: Volume has decreased significantly, indicating indecision and lack of strong direction in the market.

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### **Trading Recommendations**

#### **Short Term Trading Strategy**:

##### **Secure Login**:

- **Enter a Buy Trade**: Wait for a breakout above **63,100 USDT** with confirmation (candle closes above this level). This will indicate a possible short-term bullish reversal.

- **Stop Loss**: at **62,900 USDT** (below the recent support level).

- **Take Profit**: Target **63,386 USDT** (MA level 99).

- **Enter a Sell Trade**: If the price fails to sustain the **63,000 USDT** level and breaks to **62,950 USDT**, consider entering a Sell Trade.

- **Stop Loss**: at **63,150 USDT** (above the recent high).

- **Take Profit**: Target **62,700 USDT**.

##### **Aggressive Entry**:

- **Enter a buy trade**: Entry at **current price 63,040 USDT**, but this is riskier because it has not broken the resistance yet.

- **Stop Loss**: at **62,900 USDT**.

- **Take Profit**: Target **63,245 USDT** for a quick exit, or wait until **63,386 USDT** for a bigger profit if the price rises.

- **Enter Sell**: Entry at **63,040 USDT** if price shows further rejection at **63,100 USDT** resistance.

- **Stop Loss**: at **63,150 USDT**.

- **Take Profit**: Target **62,700 USDT**.

#### **Long Term Trading Strategy**:

- **Enter Buy**: Buy near **62,700 USDT** for a safe long entry if the price holds this level.

- **Stop Loss**: at **62,500 USDT**.

- **Take Profit**: Target **63,600 USDT** for long-term gains.

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### **Profit/Loss Calculation Using Leverage**:

If you use **$2** with **125x leverage** to trade BTC/USDT, your **actual position size** will be:

- **Position Size** = $2 * 125 = **$250**.

#### **1. Calculating profit/loss in a buy trade**

If you open a buy trade at **63,040 USDT** and BTC/USDT moves to your target at **63,386 USDT**:

- **Price difference** = 63,386 USDT - 63,040 USDT = **346 USDT**.

- **Profit rate** = (346 / 63,040) * 100 = **0.55%**.

With **125x leverage**:

- **Gross profit** = 0.55% * 125 = **68.75%**.

- **Profit** = $2 * 68.75% = **$1.375**.

#### **2. Calculating profit/loss in a sell transaction**

If you open a sell trade at **63,040 USDT** and BTC/USDT moves to your target at **62,700 USDT**:

- **Price difference** = 63,040 USDT - 62,700 USDT = **340 USDT**.

- **Profit rate** = (340 / 63,040) * 100 = **0.54%**.

With **125x leverage**:

- **Gross profit** = 0.54% * 125 = **67.5%**.

- **Profit** = $2 * 67.5% = **$1.35**.

#### **Loss calculation**

If the market moves against you and hits your stop loss:

- **Stop Loss at 62,900 USDT** (Buy Trade):

- **Loss** = (63,040 USDT - 62,900 USDT) = **140 USDT**.

- **Loss ratio** = (140 / 63,040) * 100 = **0.22%**.

- **Total loss** with leverage of 125x = 0.22% * 125 = **27.5%**.

- For $2 = **$0.55** loss.

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### 📊 **Trading Recommendation**:

- **Safe Trade**: Open a **Buy Trade** at **63,100 USDT**, with a **Stop Loss** at **62,900 USDT** and a **Take Profit** at **63,386 USDT**.

- **Aggressive Trade**: Open a **Sell Trade** at **63,040 USDT**, with a **Stop Loss** at **63,150 USDT** and a **Take Profit** at **62,700 USDT**.

🕒 **Trade Duration**: Short-term, within the next 4-8 hours based on the 15-minute chart time frame.

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