$BTC
Bitcoin is giving nice signals right now
- Price: Close to 97 thousand, and above the MA7 and MA25, which means things are going well.
- Indicators:
- RSI around 65, which means there's still room to go up more before it reaches "overbought".
- MACD is green and above zero, indicating an upward trend.
- Supports: If it drops a bit, 95.7 thousand (strong support), and if it breaks that, 94 thousand will stop it.
- Target: If it breaks 97.4 thousand, you'll see it cross 100 thousand, God willing.
Advice:
- Go long but set a stop loss below 95.3 thousand to avoid losses.
- Keep an eye on the RSI; if it reaches 70, there might be a correction.
The situation is promising, but be wise and stick to the plan!