BTC/USDT Update – 1H Timeframe (March 12)

BTC/USDT Update – 1H Timeframe (March 12)

1️⃣ Trend & Market BTC Structure (SMC)

  • Main Trend: Downtrend, but showing signs of recovery.
  • Break of Structure (BoS): Higher Low (HL) formed around $76,560.
  • Supply Zone (Resistance): $84,000 – $85,000 (POC zone + EMA200).
  • Demand Zone (Support): $76,500 – $80,000 (high liquidity area).

2️⃣ Volume Profile (VPVR)

  • POC (Point of Control): ~$82,734 (strong resistance).
  • High Volume Node (HVN): $84,000 – $88,000 (breaking this zone could trigger a strong rally).
  • Low Volume Node (LVN): ~$76,500 (losing this level could lead to a deeper drop).

3️⃣ EMA (Exponential Moving Averages)

  1. EMA200 (Purple): ~$84,673 – Price is still below EMA200, indicating no clear trend reversal yet.
  2. EMA50 (Red): ~$81,835 – Price is currently testing EMA50.
  3. 🔹 If price holds above EMA50, it may continue recovering toward EMA200.
  4. 🔹 If rejected, it may retest the support zone.

4️⃣ RSI (Relative Strength Index)

  • RSI (14): ~49.69, neutral, no overbought or oversold signals.
  • Needs to break above 55-60 to confirm stronger bullish momentum.

🎯 Trading Strategy

📉 Short Scenario (Following the Main Trend)

Entry: $82,500 – $83,500 (POC resistance + EMA200).

Stop Loss: $84,200.

Take Profit:

  • TP1: $81,000.
  • TP2: $79,000.
  • TP3: $76,500.

Condition: Price rejection at POC + RSI stays below 55.

📈 Long Scenario (If Price Holds Support)

Entry: $79,000 – $80,000 (VPVR support zone).

Stop Loss: $78,500.

Take Profit:

  • TP1: $82,000.
  • TP2: $83,500.
  • TP3: $85,000.

Condition: Price holds above EMA50 + RSI breaks above 55.

5️⃣ Conclusion

  • Main Trend: Downtrend, but signs of recovery.
  • Key Resistance: $82,500 – $84,000.
  • Strong Support: $76,500 – $80,000.
  • Main Strategy: Wait for reaction at POC to decide on Long/Short.

⚠️ Strict risk management, avoid FOMO! 🚀

* Sign up for Binance to trade: Here
* Telegram: 3aW Crypto

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