$BTC Let's see if 63,000 holds. Consider closing at 8 o'clock, the key level of 83,853 has already been reached, wait a bit longer! No rush, control your hands and manage your positions well! ‌


│ 🟡 Current $63,148: No position to take │
│ │
│ Not much: $64,200 strong resistance just 2% overhead, R:R not enough │
│ Not short: The trend is within the rebound channel, reverse trading with shorting is not favorable │
│ │
│ Wait for one of the following two confirmation signals: │
│ │
│ 🔵 Bullish signal: │
│ - Volume increases and closes above $64,500 (at least 4H confirmation) │
│ - Taker continuous 3-hour buy volume > 1.15 │
│ - Entry at $64,500, stop loss at $63,000, target $66,700 │
│ - R:R = 2200/1500 = 1.47:1 (barely acceptable) │
│ │
│ 🔴 Bearish signal: │
│ - Volume drops below $61,200 (at least 4H confirmation) │
│ - Taker continuous 3-hour sell volume < 0.85 │
│ - Entry at $61,000, stop loss at $62,500, target $59,500 │
│ - R:R = 1500/1500 = 1:1 (not very worthwhile) │
│ │
│ ⚪ Best strategy: Place pending orders │
│ - Long limit order at $61,500-62,000 │
│ - Short limit order at $64,000-64,500 │
│ - Whoever triggers first, trade accordingly; if none trigger, do not trade │
BTC0.91%
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