🚨 SMC Trading Signal: BTC/USDT 🚨
Direction: LONG
📊 Market Overview:
Current Price: $56,997.00 (+0.47%)
24H High: $58,519.00
24H Low: $56,187.61
Volume (BTC): 30,309.39
Volume (USDT): 1.73B
🔍 Technical Indicators:
KDJ Indicators: K (46.06), D (49.47), J (39.25) – The indicators are showing a mixed but potentially bullish setup with J below both K and D, suggesting possible upside.
🕯️ Candlestick Analysis:
BTC/USDT is trading close to support around $57,000, with recent price action suggesting a bounce from this level. The resistance at $58,519.00 remains the key level to watch.
📈 Trading Plan:
Long Entry: Consider entering a long position around
$56,997.00.
Target 1: $58,000.00
Target 2: $58,500.00
Stop Loss: Place a stop loss at
$55,500.00 to manage risk effectively.
💡 Strategy: BTC is near a crucial support level and showing signs of potential recovery. With a positive movement from recent lows and volume supporting the trend, a long position is advised with targets set at resistance levels.
#BTCUSDT #CryptoSignals #BinanceFutures #LongSetup #SMC #FutureTradingAlerts #USDataImpact #NFPWatch #TON