$BTC
Potential Scenarios & Signals
1. (Buy Signal)
If BTC manages to close a 4-hour candle above the MA(25) and the $76,000 resistance zone with increasing volume, the uptrend is likely to resume.
• Entry: Above $76,200.
• Target 1: $78,300 (Previous local high).
• Target 2: $80,000+ (Psychological level).
• Stop Loss: $74,500.
2. (Sell Signal)
The chart shows a series of lower highs since the $78,333 peak. If BTC fails to hold the $74,800 support, it may drop to test the deeper structural floor.
• Entry: Below $74,500.
• Target 1: $73,724 (Recent wick low).
• Target 2: $72,420 (MA 99 support).
• Stop Loss: $76,000.