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1. Short-term Recommendation
Currency: BTCUSDT
Current Trend: Bullish Momentarily After Correction
Current Price: ~105,500 USDT
Strongest Timeframe for Trade Analysis: 15 Minutes and 1 Hour
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2. Recommendation (Ready for Copying and Publishing)
Entry (Long):
105,490 – 105,530
Targets:
TP1: 105,950
TP2: 106,300
TP3: 106,580
Stop Loss:
104,880
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3. Technical Analysis (Grade 3 | 72%)
EMA(7) and EMA(25) moving averages are in a positive bullish crossover
RSI is ranging between 62 – 80 in the timeframes (15m – 1h – 4h), indicating medium to high momentum
Bollinger Bands: Price is approaching the upper band and shows strong bullish breakout
MACD is in a recent bullish crossover in most timeframes
Volume: Ascending in the recent candles which reinforces the bullish momentum
Last Confirmed Support Point: 102,038
The bounce from the lower Bollinger support level on 4 hours has provided upward momentum