$BTCUSDT 30-Min Chart Analysis for Scalp and Swing Opportunities
I spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Bitcoin (
BTCUSDT ): 30-Minute Chart Analysis for Scalp and Swing Opportunities
Trade Setup:
- Entry Price: $100,240.50
- Stop-Loss: $99,488.95
- Take-Profit Targets:
- TP1: $101,575.99
- TP2: $103,467.18
Technical Analysis (30-Minute Chart):
- Current Price: $100,300.75
- Moving Averages:
- 20-EMA: $100,150.00
- 50-EMA: $99,850.00
- Relative Strength Index (RSI): Currently at 62, signalling bullish momentum.
- Support and Resistance Levels:
- Immediate Support: $99,800.00
- Resistance: $101,200.00
The 30-minute chart shows a breakout from a consolidation phase, with BTC forming higher lows, indicating bullish strength. A clear break above $100,500.00 will likely trigger momentum toward TP1, with TP2 providing a longer-term scalp or swing target.
Market Sentiment:
Bitcoin continues to dominate market sentiment with strong buying interest around the $100,000 psychological level. Positive global crypto market news and increasing institutional adoption further support the bullish narrative.
Risk Management:
With a stop-loss at $99,488.95, the risk is tightly managed for intraday volatility. TP1 offers a quick reward with approximately 1.3% upside, while TP2 at $103,467.18 provides a broader 3.2% swing target.
Key Takeaways:
- Short-term scalpers can take advantage of the momentum to TP1.
- Swing traders can target TP2 for a more substantial reward.
- Strict stop-loss adherence is essential due to intraday volatility.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Bitcoin (
BTCUSDT ): 30-Minute Chart Analysis for Scalp and Swing OpportunitiesTrade Setup:
- Entry Price: $100,240.50
- Stop-Loss: $99,488.95
- Take-Profit Targets:
- TP1: $101,575.99
- TP2: $103,467.18
Technical Analysis (30-Minute Chart):
- Current Price: $100,300.75
- Moving Averages:
- 20-EMA: $100,150.00
- 50-EMA: $99,850.00
- Relative Strength Index (RSI): Currently at 62, signalling bullish momentum.
- Support and Resistance Levels:
- Immediate Support: $99,800.00
- Resistance: $101,200.00
The 30-minute chart shows a breakout from a consolidation phase, with BTC forming higher lows, indicating bullish strength. A clear break above $100,500.00 will likely trigger momentum toward TP1, with TP2 providing a longer-term scalp or swing target.
Market Sentiment:
Bitcoin continues to dominate market sentiment with strong buying interest around the $100,000 psychological level. Positive global crypto market news and increasing institutional adoption further support the bullish narrative.
Risk Management:
With a stop-loss at $99,488.95, the risk is tightly managed for intraday volatility. TP1 offers a quick reward with approximately 1.3% upside, while TP2 at $103,467.18 provides a broader 3.2% swing target.
Key Takeaways:
- Short-term scalpers can take advantage of the momentum to TP1.
- Swing traders can target TP2 for a more substantial reward.
- Strict stop-loss adherence is essential due to intraday volatility.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
SiriusTrading
Bull or Bear, We’ll Brave It All!
Bull or Bear, We’ll Brave It All!
SiriusTrading
Bull or Bear, We’ll Brave It All!
Bull or Bear, We’ll Brave It All!
Related publications
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.