Suggested Entry (Buy) Level: • Buy near support or pullback: $0.0063–$0.0064 (This is slightly above the last support level and gives a better risk/reward than buying at the top.)
Target (Take Profit) Level: • Short-term target: $0.00685–$0.0070 (Just under the recent high and psychological level at 0.007) • Extended target (if bullish momentum continues): $0.0075–$0.0080
Stop Loss Level: • Below key support: $0.0060 (Well below your entry and just under the most recent consolidation)
Summary:
Action Price Level Buy $0.0063–$0.0064 Take Profit $0.00685–$0.0070 (short-term), up to $0.0080 (if trend continues) Stop Loss $0.0060
$BTC Current Technical Outlook • Price: ~$103,617 • Trend: Strong uptrend (price above EMA25) • EMA25: ~$95,343 – this is your dynamic support • Resistance Level: ~$106,508 (recent high) • Support Level: ~$99,800 (recent low after breakout)
Buy Signal Evaluation • The current price is consolidating after a strong bullish move, forming a small range. • RSI(25) is at 65.49 – not overbought yet but getting closer. • No major bearish reversal pattern is visible on this chart.
Conclusion: Yes, you can consider buying, but position sizing should be cautious since the price is near recent highs.
Suggested Trade Setup • Buy Entry: Around current price ($103,600) • Take Profit (TP): • 1st Target: $106,500 (recent high/resistance) • 2nd Target: $110,000 (psychological level and extension if momentum continues) • Stop Loss (SL): • Tight SL: $99,800 (below recent support) • Loose SL: $95,000 (below EMA25, safer but riskier in terms of drawdown) #ETHCrossed2500
$BTC Current Technical Outlook • Price: ~$103,617 • Trend: Strong uptrend (price above EMA25) • EMA25: ~$95,343 – this is your dynamic support • Resistance Level: ~$106,508 (recent high) • Support Level: ~$99,800 (recent low after breakout)
Buy Signal Evaluation • The current price is consolidating after a strong bullish move, forming a small range. • RSI(25) is at 65.49 – not overbought yet but getting closer. • No major bearish reversal pattern is visible on this chart.
Conclusion: Yes, you can consider buying, but position sizing should be cautious since the price is near recent highs.
Suggested Trade Setup • Buy Entry: Around current price ($103,600) • Take Profit (TP): • 1st Target: $106,500 (recent high/resistance) • 2nd Target: $110,000 (psychological level and extension if momentum continues) • Stop Loss (SL): • Tight SL: $99,800 (below recent support) • Loose SL: $95,000 (below EMA25, safer but riskier in terms of drawdown) #ETHCrossed2500
Current Situation • BTC/USDT Perpetual is trading at $103,190. • It recently hit a 24h high of $104,373, suggesting a short-term resistance level. • The EMA(25) (in pink) is at $94,489, indicating strong upward momentum. • RSI(25) is at 66.2 — approaching overbought but not extreme yet. • The daily candle has a strong bullish move, but a slight pullback is starting to show.
Suggested Trade Plan
If you’re looking to enter a long (buy) trade now, consider this:
Buy Zone: • Current price ($103,190) is a bit extended after a strong move. • A small pullback to $102,000–102,500 could offer a better entry (but you can still enter now if momentum is strong).
Stop Loss: • SL1: $101,800 (just below last local consolidation) • SL2: $100,000 (round number, stronger support)
Risk Management • Risk/reward should ideally be at least 1:2. • If entering now at ~$103,190: • SL at $101,800 (risk: ~$1,390) • TP at $105,800 (reward: ~$2,610)
Buy Entry Zone (Buy on Pullback): • $0.28 – $0.32 This is a reasonable pullback area closer to the consolidation zone and before the breakout. Wait for confirmation with lower volume red candles or price stabilization here.
Take Profit Zones: • TP1: $0.40 (near-term resistance just below the previous high) • TP2: $0.45–$0.48 (if breakout continues and breaks the previous high of $0.4247)
Stop Loss: • $0.26 – $0.27 Below recent consolidation and near the 0.2495 low; gives room to avoid noise but limits downside risk.
Risk Management Tip: • Never risk more than 1–2% of your trading capital. • If you enter around $0.30 and aim for $0.40+, that’s over 30% upside vs ~10–15% downside (favorable risk-reward ratio). #CryptoComeback
Resistance Zone: $97,865 (previous high) and $99,000–$100,000 (psychological resistance)
Trade Setup Suggestion
If you’re already holding a long position: • Take-Profit (TP1): $97,800–$98,000 • Take-Profit (TP2): $99,500–$100,000 (if BTC shows strength and breaks out) • Stop-Loss (SL): • Conservative: $93,800 (just below recent local low and below consolidation support) • Tighter (aggressive): $95,000 (to lock in gains, but may get stopped out on volatility)
Summary • Trend: Bullish continuation, attempting breakout. • RSI: Near 60 — showing strength but not overbought yet. • Volume: Stable, not extreme — breakout possible but needs confirmation.
If BTC breaks and holds above $98,000, a move to $100K is likely.