After experiencing (volatile declines) over the weekend, if Bitcoin's price forms **three consecutive small bullish candles** within the **108,000–108,500 range**, and trading volume gradually shrinks before starting to gently increase, it indicates that downward momentum is weakening and bullish forces are accumulating. This can be regarded as an initial entry signal. If the price can subsequently **effectively break through the upper edge of this range (108,500)** and hold steady for half an hour, you can enter a long position.
Pay close attention to the **110,000 level**, an important resistance level. When Bitcoin's price attempts to break above **110,000**, and trading volume significantly increases (by more than 50% compared to the past five-day average volume), while the closing price remains above **110,000** within one hour after the breakout, it shows that bullish forces are strong and the upward trend is confirmed. You can decisively enter a long position.
Today's BTC trading strategy, I hope it will be helpful to you
BTCUSDT BUY@109500~110000
SL:108000
TP:111000~111500
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Join my Telegram channel and get accurate signals for free every day
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.