【$BTC Signal】Long - 1H pullback confirmation, 4H trend continuation, main force clearly supporting the market
$BTC The 1H timeframe, after experiencing a sharp rise followed by a pullback, found support near EMA20 (67490) and stabilized. The current price is oscillating narrowly around 68155, indicating a healthy upward consolidation. The 4H trend is clearly upward, with two consecutive large bullish candles breaking through key resistance. The current candlestick is a high-level doji star, gathering strength for the next move.
🎯 Direction: Long (Long)
🎯 Entry/Order: Enter directly at the current price zone of 68150-68200 (Reason: 1H timeframe has stabilized above EMA20 support, and the order book shows substantial buy depth).
🛑 Stop Loss: 67500 (Reason: Break below 1H EMA20 support and the low of the previous 1H candle).
🚀 Target 1: 69000 (Reason: Previous high resistance level, also an integer psychological level).
🚀 Target 2: 69900-70000 (Reason: Previous high on the 4H timeframe and a major psychological milestone).
🛡 Trading Management:
- Position Size Recommendation: Standard position (Reason: 4H and 1H trends are resonating, increasing win probability).
- Execution Strategy: After the price reaches 69000, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through 69500, consider moving the remaining position’s stop loss to a trailing stop to seek greater gains.
Deep Logic: Market logic indicates an upward move, combined with stable open interest (OI), suggesting that main funds are entering the market rather than purely short covering. The funding rate is negative (-0.0011%), which favors long positions. The 1H RSI (63.19) is in a healthy, slightly strong zone, with room to rise further. The order book depth imbalance is at 82.04%, with buy orders significantly outweighing sell orders, providing strong support below. The 4H timeframe has broken through the descending trendline, indicating a mid-term bullish shift.
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【$BTC Signal】Long - 1H pullback confirmation, 4H trend continuation, main force clearly supporting the market
$BTC The 1H timeframe, after experiencing a sharp rise followed by a pullback, found support near EMA20 (67490) and stabilized. The current price is oscillating narrowly around 68155, indicating a healthy upward consolidation. The 4H trend is clearly upward, with two consecutive large bullish candles breaking through key resistance. The current candlestick is a high-level doji star, gathering strength for the next move.
🎯 Direction: Long (Long)
🎯 Entry/Order: Enter directly at the current price zone of 68150-68200 (Reason: 1H timeframe has stabilized above EMA20 support, and the order book shows substantial buy depth).
🛑 Stop Loss: 67500 (Reason: Break below 1H EMA20 support and the low of the previous 1H candle).
🚀 Target 1: 69000 (Reason: Previous high resistance level, also an integer psychological level).
🚀 Target 2: 69900-70000 (Reason: Previous high on the 4H timeframe and a major psychological milestone).
🛡 Trading Management:
- Position Size Recommendation: Standard position (Reason: 4H and 1H trends are resonating, increasing win probability).
- Execution Strategy: After the price reaches 69000, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through 69500, consider moving the remaining position’s stop loss to a trailing stop to seek greater gains.
Deep Logic: Market logic indicates an upward move, combined with stable open interest (OI), suggesting that main funds are entering the market rather than purely short covering. The funding rate is negative (-0.0011%), which favors long positions. The 1H RSI (63.19) is in a healthy, slightly strong zone, with room to rise further. The order book depth imbalance is at 82.04%, with buy orders significantly outweighing sell orders, providing strong support below. The 4H timeframe has broken through the descending trendline, indicating a mid-term bullish shift.
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