BTCUSDT Analysis | 1h Chart (Entry on M15/M5)
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BTCUSDT
❇️ Analysis Description: Bitcoin has broken its main dynamic downtrend line on the 1H timeframe. We are currently facing two scenarios: If the price stabilizes above the 60,465 level, a bullish continuation towards 61,920 and eventually 63,830 is expected (Scenario A). Conversely, failure to hold this level could trigger a pullback down to the key support at 58,337 before any potential bounce or breakdown (Scenario B). We will look for precise entries in lower timeframes (M15/M5) based on the candle confirmation strategy.
🔼 Buy-Sell Setup (Based on 15m/5m Strategy):
Scenario A (Bullish): Look for long positions if the price stabilizes above 60,465 or after a successful pullback to the 59,500 area.
Scenario B (Bearish): If the dynamic line acts as fakeout and price drops, look for short setups below 58,337.
🕯 Entry Plan & Strategy Confirmation (M15 / M5):
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BTCUSDT❇️ Analysis Description: Bitcoin has broken its main dynamic downtrend line on the 1H timeframe. We are currently facing two scenarios: If the price stabilizes above the 60,465 level, a bullish continuation towards 61,920 and eventually 63,830 is expected (Scenario A). Conversely, failure to hold this level could trigger a pullback down to the key support at 58,337 before any potential bounce or breakdown (Scenario B). We will look for precise entries in lower timeframes (M15/M5) based on the candle confirmation strategy.
🔼 Buy-Sell Setup (Based on 15m/5m Strategy):
Scenario A (Bullish): Look for long positions if the price stabilizes above 60,465 or after a successful pullback to the 59,500 area.
Scenario B (Bearish): If the dynamic line acts as fakeout and price drops, look for short setups below 58,337.
🕯 Entry Plan & Strategy Confirmation (M15 / M5):
- For ongoing trends, monitor the last wave. In a counter-trend move, wait for the first candle whose high/low (including shadows) breaks the previous candles.
- The Pullback Candle: The execution candle must break the low/high of the previous candle with at least an 80% full body.
- Entry Point: Enter exactly on the retest (pullback) to the break-line of that 80% body candle.
- Stop Loss (SL): Securely place the SL behind the last swing before the breakout (highly recommended) or behind the large breakout candle if it has a strong body.
- Take Profit (TP): Target previous unmitigated pullback levels from past price action, or lock the profit with a fixed Risk-to-Reward ratio of 2.5 (For range-bound waves, limit the R:R between 1.5 to 2).
- ⚠️ Always practice proper risk management and wait for the exact candle body close.
- 💬 What are your thoughts on this BTC setup? Drop your ideas in the comments!
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.