BTC/USDT Chart Analysis
Current Price: 109,434.91 USDT 📈
Technical Context
A strong resistance was broken at 105,179 ✅
A slight and natural correction occurred after the breakout 🔄
The price is now above the breakout area = very positive ☀️
Technical Indicators:
1. EMA Moving Averages:
EMA(7) > EMA(25) > EMA(50) > EMA(200) ⬆️
The ascending order means a strong trend 🚀
2. MACD:
DIF > DEA ✨
Histogram
Positive = Continuous buying momentum 💪📊
3. RSI:
RSI = 57.81 ⚖️
No overbought condition yet = room for upward movement 📈
Expected Scenarios
✅ If it stays above 105,000:
Target 1: 111,800 🎯
Target 2: 113,800 – 115,000 🥅📈
❌ If it breaks below 105,000
Next support areas: 102,000 – 100,000 🛑📉
Conclusion
The trend is currently upward and solid, the correction is healthy, and the new support is strong.
The positive opportunity remains as long as 105K is not broken 🔥
