#BTC Many brothers are shouting for Short too early, now holding losses must be tiring.
MAIN TREND IS UPTREND:
1. Price is above all EMA lines (EMA5, EMA10, EMA20):
EMA5 = 97,148.2 < Current Price = 99,242.1 → indicates strong short-term uptrend.
EMA10 and EMA20 are both trending upwards → confirming the medium-term uptrend.
2. MACD:
MACD (DIF) = 2,943.2 > DEA = 2,797.1 and is expanding → strong uptrend is continuing.
3. RSI:
RSI1 = 78.6 → signals that the market is overbought, but there is no clear reversal signal yet.
4. Bollinger Bands:
Price is near Upper Band (UB = 101,104.8), exceeding the middle zone of Bollinger Bands (MB = 93,833.7) → indicates that the upward momentum is very strong.
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General Assessment:
Main trend: Clearly Uptrend.
However, RSI is quite high, so one should not FOMO at the peak, but wait for a pullback signal to have a safer entry.
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Entry Strategy (Suggested Entry):
Scenario 1: Wait for a slight Pullback then Long with the trend
Safe entry zone: 96,000 – 97,000 USDT
This is the support zone close to EMA5 & EMA10
Wait for H4 or D1 candles to show signals of reversal at this zone to enter Long.
Scenario 2: Continuation Breakout
If the price breaks 100,000 with high volume, consider buying the breakout with a small volume, placing a stop loss nearby.
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Note:
Always set a stop loss below EMA10 (around 95,000 USDT).
Short-term take profit can be in the range of 102,000 – 104,000 USDT if the upward trend continues.
