Bitcoin Intraday Trading Plan

🔴 Short Position
· Entry: From resistance zone 76,600 – 76,800 (near EMA25 and visible high). It is recommended to wait for a bearish reversal candle (such as shooting star or bearish engulfing on the 15-minute chart).
· Stop Loss: Above 77,200 (above the recent high of 77,451, leaving a safety margin).
· Profit Targets:
· First target: 76,000
· Second target: 75,600 (near the previous low).
🟢 Long Position
Given the overall downtrend, caution is advised when buying:
· Entry: Break above 76,600 with a clear 15-minute close and high volume, or after a rebound from support 75,800 - 76,000, provided a strong bullish candle appears.
· Stop Loss: Below the broken support level or under 75,400.
· Profit Targets:
· First target: 77,000
· Second target: 77,450 (today’s high).
Additional Recommendations:
· Currently, the market is in a signal crossover zone (stochastic overbought, and MACD has a positive crossover), it is best to wait for clear confirmation before entering.
· Trading size should be small due to high volatility.
· If the price breaks directly below 75,600 without rebounding, the buy trade is invalid, and a switch to sell should be made on any retest of minor resistance. $BTC