Bitcoin
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Consolidation Divergence - Range Trading Strategy

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Last week, BTC continued to oscillate in the 83K-86K range. Technically, the daily MACD showed increasing volume but a deviation from the price. At the same time, the Bollinger Bands narrowed sideways, and the market entered a typical "pre-breakout momentum" stage.

Before an effective breakthrough, you can rely on the range to sell high and buy low, strictly set stops, and pay close attention to changes in volume and energy and confirmation of the breakthrough direction.


BTCUSD
sell@86500-85500
tp:84500-83500

buy@83000-84000
tp:85000-86000


I hope this strategy will be helpful to you.

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Trade attivo
In early trading, BTC rose from $84,500 to near $87,500, establishing a short-term upward direction after breaking through the sideways range. It is recommended to go long with the previous resistance level of $86,000 as support and pay attention to position control.

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