$BTC USDT - LONG
Trade Plan: (Potential accuracy: 82.00%)
Leverage: x5 (Isolated Margin)
Entry: 61.113,8 – 61.514,9
SL: 60.450,0
TP1: 61.900,0
TP2: 62.180,0
TP3: 62.650,0
Trade Justification:
* On the 15m timeframe, the BTCUSDT pair shows a bullish base structure with a +1.88% return over the last 24 hours, currently trading at 61.514,9. After reaching a recent high at 61.900,0, the price developed a controlled technical pullback, seeking liquidity in the local support zone of 61.113,8, where buyers re-entered immediately to stop the decline.
* Momentum indicators confirm that this intermediate correction has very healthily cleared prior buying pressure. The fast RSI (6) has stabilized precisely at 49,20 and the 12-period RSI is accompanying at 48,80. These readings in the neutral 50% zone give buyers an ideal technical margin, free from overbought conditions, to resume the bullish momentum.
* The current price is actively fighting to regain its extremely short-term dynamic structure, having broken above the MA(7) at 61.452,0 and pressuring closely the MA(25) at 61.595,5. By holding firmly above the major structural support of the MA(99) at 60.930,2, consolidation above the cluster of fast moving averages will trigger a bullish liquidity void with high probabilities of testing the daily high from the last 24 hours at 62.180,0.
Click here to trade 👇
Trade Plan: (Potential accuracy: 82.00%)
Leverage: x5 (Isolated Margin)
Entry: 61.113,8 – 61.514,9
SL: 60.450,0
TP1: 61.900,0
TP2: 62.180,0
TP3: 62.650,0
Trade Justification:
* On the 15m timeframe, the BTCUSDT pair shows a bullish base structure with a +1.88% return over the last 24 hours, currently trading at 61.514,9. After reaching a recent high at 61.900,0, the price developed a controlled technical pullback, seeking liquidity in the local support zone of 61.113,8, where buyers re-entered immediately to stop the decline.
* Momentum indicators confirm that this intermediate correction has very healthily cleared prior buying pressure. The fast RSI (6) has stabilized precisely at 49,20 and the 12-period RSI is accompanying at 48,80. These readings in the neutral 50% zone give buyers an ideal technical margin, free from overbought conditions, to resume the bullish momentum.
* The current price is actively fighting to regain its extremely short-term dynamic structure, having broken above the MA(7) at 61.452,0 and pressuring closely the MA(25) at 61.595,5. By holding firmly above the major structural support of the MA(99) at 60.930,2, consolidation above the cluster of fast moving averages will trigger a bullish liquidity void with high probabilities of testing the daily high from the last 24 hours at 62.180,0.
Click here to trade 👇