$BTC #BTC
📌 Analysis + Trade
📊 Analysis of BTC/USDT Pair
🚀 Current Price: 114,168 USDT
🔺 Daily Change: +1.60%
📌 Trade Details:
- Trading Pair: BTC/USDT
- Entry Price: 113,000 USDT
- Targets:
🎯 Target 1: 115,000 USDT
🎯 Target 2: 116,000 USDT
🎯 Target 3: 117,000 USDT
🎯 Target 4: 118,000 USDT
- Stop Loss: 111,920 USDT
🔎 Technical Analysis:
1. Overall Trend:
- The price shows a strong upward trend, indicating continued buying pressure.
2. Key Levels:
- Support Level: 111,920 USDT.
- Resistance Level: 114,787 USDT.
3. Technical Indicators:
- RSI: at 74.43, indicating an overbought area.
- MACD: shows a bullish crossover, reinforcing the current upward trend.
Market Outlook:
- Positive: if the price stabilizes above the support level of 111,920 USDT.
- Negative: breaking the support may lead to further declines.