【$BTC Signal】Two-way Pending Order Battle! 4H Downtrend Continuation, 1H Waiting for Confirmation of Direction
$BTC The 1H timeframe is currently in a narrow range between 65,800 and 67,600, while the 4H timeframe shows a weak consolidation after a large bearish candle, indicating an overall downtrend continuation pattern. The price is suppressed below the 4H EMA20 (67,751), but the 1H RSI (38.4) is approaching oversold levels, and the order book shows buy-side dominance (imbalance 44.22%), indicating a battle between bulls and bears. Open interest remains stable, and the funding rate is slightly negative, suggesting that bears have not significantly increased their positions. It is not advisable to chase short positions directly at this moment; wait for clear directional signals on the 1H timeframe.
🎯 Direction: Wait and see ( Pending Orders )
⚡ Pending Order Strategy:
1. Breakout Long: If the price stabilizes and breaks above 67,600 (4H EMA20 resistance & upper boundary of the consolidation zone), go long.
2. Pullback Entry: If the price quickly drops to the 65,500-65,800 range (previous low support & low point of the 4H large bearish candle), enter long.
🎯 Entry/Pending Orders:
- Long Order A: 67,650 (Reason: Confirmed breakout above 4H EMA20 and upper boundary of the consolidation zone)
- Long Order B: 65,600 (Reason: Rebound to previous low and key 4H support zone)
🛑 Stop Loss:
- Order A Stop Loss: Below 67,000 (Reason: Break below breakout level, false breakout)
- Order B Stop Loss: 64,800 (Reason: Break below previous low support, structure broken)
🚀 Target 1:
- Order A Target: 68,800 (Reason: Previous rebound high resistance on 4H)
- Order B Target: 67,600 (Reason: Upper boundary of the consolidation zone and 4H EMA20)
🚀 Target 2:
- Order A Target: 69,800 (Reason: 4H Fibonacci 0.5 retracement level)
- Order B Target: 68,800 (Reason: Same as Order A Target 1)
🛡 Trading Management:
- Position Size Suggestion: Light position (Reason: 4H trend is bearish, 1H is consolidating, indicating a small counter-trend within a larger trend or vice versa, higher risk)
- Execution Strategy: After any pending order is triggered, reduce position by 50% at Target 1, and move stop loss to entry price. If the price cannot break above 67,600 or falls below 65,800 again, abandon this trade.
Deep Logic: Market signals suggest a downward move, but open interest remains stable, indicating not a major liquidation by large players but more like a long leverage washout. ATR is as high as 1080, indicating high volatility; any breakout in either direction could trigger rapid price movements. The order book shows buy-side depth significantly thicker than sell-side, with signs of main force support below. The core strategy now is "not guessing the direction, letting the market decide," using two-way conditional orders to capture momentum after a breakout.
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【$BTC Signal】Two-way Pending Order Battle! 4H Downtrend Continuation, 1H Waiting for Confirmation of Direction
$BTC The 1H timeframe is currently in a narrow range between 65,800 and 67,600, while the 4H timeframe shows a weak consolidation after a large bearish candle, indicating an overall downtrend continuation pattern. The price is suppressed below the 4H EMA20 (67,751), but the 1H RSI (38.4) is approaching oversold levels, and the order book shows buy-side dominance (imbalance 44.22%), indicating a battle between bulls and bears. Open interest remains stable, and the funding rate is slightly negative, suggesting that bears have not significantly increased their positions. It is not advisable to chase short positions directly at this moment; wait for clear directional signals on the 1H timeframe.
🎯 Direction: Wait and see ( Pending Orders )
⚡ Pending Order Strategy:
1. Breakout Long: If the price stabilizes and breaks above 67,600 (4H EMA20 resistance & upper boundary of the consolidation zone), go long.
2. Pullback Entry: If the price quickly drops to the 65,500-65,800 range (previous low support & low point of the 4H large bearish candle), enter long.
🎯 Entry/Pending Orders:
- Long Order A: 67,650 (Reason: Confirmed breakout above 4H EMA20 and upper boundary of the consolidation zone)
- Long Order B: 65,600 (Reason: Rebound to previous low and key 4H support zone)
🛑 Stop Loss:
- Order A Stop Loss: Below 67,000 (Reason: Break below breakout level, false breakout)
- Order B Stop Loss: 64,800 (Reason: Break below previous low support, structure broken)
🚀 Target 1:
- Order A Target: 68,800 (Reason: Previous rebound high resistance on 4H)
- Order B Target: 67,600 (Reason: Upper boundary of the consolidation zone and 4H EMA20)
🚀 Target 2:
- Order A Target: 69,800 (Reason: 4H Fibonacci 0.5 retracement level)
- Order B Target: 68,800 (Reason: Same as Order A Target 1)
🛡 Trading Management:
- Position Size Suggestion: Light position (Reason: 4H trend is bearish, 1H is consolidating, indicating a small counter-trend within a larger trend or vice versa, higher risk)
- Execution Strategy: After any pending order is triggered, reduce position by 50% at Target 1, and move stop loss to entry price. If the price cannot break above 67,600 or falls below 65,800 again, abandon this trade.
Deep Logic: Market signals suggest a downward move, but open interest remains stable, indicating not a major liquidation by large players but more like a long leverage washout. ATR is as high as 1080, indicating high volatility; any breakout in either direction could trigger rapid price movements. The order book shows buy-side depth significantly thicker than sell-side, with signs of main force support below. The core strategy now is "not guessing the direction, letting the market decide," using two-way conditional orders to capture momentum after a breakout.
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