BTC Trading Strategy: 3-4 hour consolidation. Key level at 91,400; if previous low holds, consider going long. If 4-hour middle band is broken, consider shorting.
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BTC Trading Strategy: 3-4 hour consolidation. Key level at 91,400; if previous low holds, consider going long. If 4-hour middle band is broken, consider shorting.
Upside resistance: 92,800 / 93,000 93,800 / 94,200 94,800 (12-hour upper band) 95,600 (daily upper band) 96,100 97,400 (2-day middle band)
Downside support: 92,000 91,500 90,800 / 90,200 Break below 90,000: 88,600 87,600 86,600 85,500 84,600
Breakout Trade 1️⃣: 93,000, above 30-min upper band, targets 93,500 / 93,800 94,200
Breakout 2️⃣: 94,200, targets 94,800 95,500 96,600
Breakdown Trade 1️⃣: 91,500, 1-hour lower band, targets previous low
Breakdown Trade 2️⃣: 90,000, reduce position by 300-500 points to lock in breakeven
All breakout/breakdown trades must have a stop loss of 350 points.
For position sizing, use 1% on the first trade; if multiple breakouts occur, you may choose 2%.
Breakout and breakdown: resistance and support levels can switch roles.