๐น Short-Term (1 Day Outlook) for Bitcoin
Current Price: $BTC
Indicators:
RSI: 53.77 โ Neutral momentum
ADX: 19.80 โ Weak trend strength
Momentum: +38.16 โ Slight bullish shift
AO: -428.14 โ Bearish momentum still lingers
VWAP: 105,567.63 โ Trading just above VWAP, minor bullish bias
Ichimoku Cloud: Price above Base Line (106,176.13), indicating early bullish continuation
Recommendation: Neutral to Bullish Bias (High Caution)
Entry: 105,600โ105,800 (tight range around current VWAP)
Stop Loss: 103,800 (below Camarilla S1 and EMA30)
Take Profit: 108,000 (near Camarilla R2 and Classic R1)
Confidence Level: 60%
Commentary: Low ADX with mixed AO and RSI suggests uncertain momentum. Only aggressive short-term scalps advised.