BTCUSDT.P OKX Analysis ⚡
Data as of: April 2, 2025, 10:17 AM (GMT+7)
Current Price: 84,856
Previous Weekly High (PWH): 88,807
Previous Weekly Low (PWL): 81,553.3
Market Overview ⚡
Based on the analysis of the 15m, 1H, 4H, and Day timeframes, the following observations were made:
- Short Term (15m, 1H):
- High market volatility with mixed signals indicating both reversals and continuation of existing trends.
- Money Flow shows early signs of a slight outflow.
- Trend Strength shows some red cloud and sell signals.
- Medium Term (4H):
- The upward trend is beginning to weaken but remains the primary direction.
- Money Flow still has accumulated buying pressure.
- Short-term EMA crossing the long-term EMA acts as a warning sign.
- Long Term (Day):
- Strong upward trend.
- Continuous buying pressure in Money Flow.
- Trend Strength shows a clear green cloud.
- Summary:
- Short term: Uncertain (50%)
- Medium term: Weakening uptrend (60%)
- Long term: Strong uptrend (80%)
- Today: High volatility (70%)
Daily Trade Setup (Examples)
1. Long Position (Short Term)
- Enter: 84,500
- TP: 85,500
- SL: 84,000
- RRR: 2:1
- Explanation: Wait for price to retrace to support at 84,500, enter a buy position, target 85,500, and set a stop loss at 84,000.
2. Short Position (Short Term)
- Enter: 85,000
- TP: 84,000
- SL: 85,500
- RRR: 2:1
- Explanation: If resistance at 85,000 holds, consider a sell position, target 84,000, and set a stop loss at 85,500.
3. Long Position (Long Term)
- Enter: 83,500
- TP: 88,000
- SL: 81,500
- RRR: Greater than 2:1
- Explanation: Wait for price to retrace to support at 83,500, enter a buy position, target 88,000, and set a stop loss at 81,500.
Tools Used: SMC, ICT, Buyside & Sellside Liquidity, Money Flow, EMA, Trend Strength, Chart Pattern, Price Pattern, Premium/Discount Zone, Trend Line, Fibonacci Retracement, Elliott Wave, Dow Theory.
*Disclaimer*: This analysis is for personal opinion only and does not constitute investment advice. Investors should conduct further research and make decisions with caution.
