The market right now is looking a bit shaky, with prices moving downward but showing signs of stabilization near key support levels. BTC is currently trading at $98,773, which is slightly above the EMA 200 ($98,356), a crucial level to watch. If it holds, there’s a chance for a bounce, but if it breaks, we could see more selling pressure.
The MACD is deep in...
BTCUSD is currently in a sideways consolidation phase, showing uncertainty and possible volatility. Here's a breakdown of the current situation and what to consider in the coming hour:
Current Market Conditions:
Price Movement: The most recent close was at 99,927.87, slightly below the 7-period EMA (100,001.91), indicating short-term weakness. However, the price...
What This Idea Is About:
"This trading idea for BTC/USDT helps you plan for two possible situations. It uses simple tools like EMA (moving averages) and Bollinger Bands to guide your trades. The goal is to know when to buy, when to sell, and how to manage risks."
Plan if BTC Goes Up (Bullish):
Entry Point:
"If BTC moves above 100,300, it shows a possible uptrend....
