$BTC #bitcoin $BTC Based on the BTC/USDT chart, here’s a potential trading strategy:
**Strategy: EMA & MACD Crossover**
1. **Entry Point:**
- Look for a crossover where the EMA(7) crosses above EMA(25), indicating a potential upward trend.
- Confirm this with a positive MACD crossover (DIF line crossing above DEA line).
- For example, enter the trade when BTC price is around 69,098.66 USDT.
2. **Exit Point:**
- Watch for a reversal signal where EMA(7) crosses below EMA(25), suggesting a potential downtrend.
- Confirm with a negative MACD crossover (DIF line crossing below DEA line).
- Alternatively, set a stop loss slightly below the recent support level at 67,556.55 USDT to minimize losses.
3. **Take Profit:**
- Aim for resistance levels near the 24h high of 70,195.94 USDT.
- Consider scaling out of your position in increments to secure profits.
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**Risk Management:**
- Use proper risk management by not risking more than 1-2% of your trading capital on a single trade.
- Adjust position size accordingly.
This strategy combines EMA and MACD crossovers to identify potential entry and exit points, aiming to ride the trend while managing risks effectively. Happy trading! 🚀
