BTC Intraday Trading Strategy



Major Cycle Trend Direction: Upward
Does it meet the order placement conditions: Yes
Reason: Starting from the low point of 77,000 and rising to the top at 82,750, forming a complete upward wave; currently in a correction and consolidation phase, with lows continuously rising, indicating a healthy correction and reaccumulation test structure. The current price at 80,500 is in the middle of the wave, far from the wave high, suitable for placing a trend-following buy order below the strongest support in the major cycle.
Limit order placement level: 79,150 (below the strongest support)
Stop-loss level (structure break): 78,680 USDT
TP1: 80,000
TP2: 81,000
Order placement note: Place the order at 79,150, wait for the price to retrace to the strong support zone of 79,200-79,400 and for a pin bar or sweep to confirm before executing. Do not rush to place the order for immediate execution; it may require several hours to a day of waiting.
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