【$BTC Signal】Bid-Ask Order Script: 1H Triangle Convergence End, Waiting for Breakout Direction
$BTC The 1H level price is highly converged within the 65800-66700 range, forming the end of a triangle, about to choose a direction. The 4H level remains in a oscillating downward channel under EMA20 (67307) resistance, but the 1H RSI (41.54) has rebounded from oversold territory, and the latest 1-hour buy ratio is as high as 60%, indicating short-term buying momentum is gathering. Open interest remains stable, negative funding rates are slight, and there is no sign of panic selling. This is a typical pre-reversal night, and volatility is about to increase.
🎯Direction: Watch and wait (Bid-Ask orders)
⚡Breakout Long Entry Order: Price > 66750 (Reason: Valid breakout above 1H triangle top and recent minor resistance )
🛑Stop Loss: 65800 (Reason: Break below triangle bottom and recent lows )
🚀Target 1: 67500 (Reason: 4H EMA20 resistance )
🚀Target 2: 68500 (Reason: Previous rebound high )
⚡Breakdown Short Entry Order: Price < 65800 (Reason: Break below 1H triangle bottom and key support )
🛑Stop Loss: 66750 (Reason: Reclaim above triangle top, short structure invalidated )
🚀Target 1: 65000 (Reason: Psychological round number )
🚀Target 2: 64000 (Reason: Support in previous low area )
🛡️Trade Management:
- Position suggestion: Light position (Reason: Unclear direction, a breakout gamble, higher risk )
- Execution strategy: After any order triggers, if the price moves favorably, reduce position by 50% at Target 1 and move stop loss to entry price. If the price reverses and hits stop loss, cancel the other order and wait for a new structure.
Depth logic: The order book shows sell wall at (66280.4) with 2.116 BTC, buy wall at (66280.3) with 1.866 BTC, with an imbalance of -8.85%. Slightly heavier sell pressure but not significant, indicating a balanced market. The key is which side the price breaks through. The 1H EMA20 (66578) is the short-term bull-bear dividing line; if it holds, the short-term trend turns bullish.
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$BTC The 1H level price is highly converged within the 65800-66700 range, forming the end of a triangle, about to choose a direction. The 4H level remains in a oscillating downward channel under EMA20 (67307) resistance, but the 1H RSI (41.54) has rebounded from oversold territory, and the latest 1-hour buy ratio is as high as 60%, indicating short-term buying momentum is gathering. Open interest remains stable, negative funding rates are slight, and there is no sign of panic selling. This is a typical pre-reversal night, and volatility is about to increase.
🎯Direction: Watch and wait (Bid-Ask orders)
⚡Breakout Long Entry Order: Price > 66750 (Reason: Valid breakout above 1H triangle top and recent minor resistance )
🛑Stop Loss: 65800 (Reason: Break below triangle bottom and recent lows )
🚀Target 1: 67500 (Reason: 4H EMA20 resistance )
🚀Target 2: 68500 (Reason: Previous rebound high )
⚡Breakdown Short Entry Order: Price < 65800 (Reason: Break below 1H triangle bottom and key support )
🛑Stop Loss: 66750 (Reason: Reclaim above triangle top, short structure invalidated )
🚀Target 1: 65000 (Reason: Psychological round number )
🚀Target 2: 64000 (Reason: Support in previous low area )
🛡️Trade Management:
- Position suggestion: Light position (Reason: Unclear direction, a breakout gamble, higher risk )
- Execution strategy: After any order triggers, if the price moves favorably, reduce position by 50% at Target 1 and move stop loss to entry price. If the price reverses and hits stop loss, cancel the other order and wait for a new structure.
Depth logic: The order book shows sell wall at (66280.4) with 2.116 BTC, buy wall at (66280.3) with 1.866 BTC, with an imbalance of -8.85%. Slightly heavier sell pressure but not significant, indicating a balanced market. The key is which side the price breaks through. The 1H EMA20 (66578) is the short-term bull-bear dividing line; if it holds, the short-term trend turns bullish.
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---
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