$BTC #BTCUSDT
📌 Analysis + Trade
📊 Analysis of the BTCUSDT pair
🚀 Current Price: 118,503.7 USDT
🔺 Daily Change: +1.63%
🔹 Trade Details:
- Trading Pair: BTCUSDT
- Entry Price: 118,700 USDT
- Targets:
- 🎯 Target 1: 119,000 USDT
- 🎯 Target 2: 120,000 USDT
- 🎯 Target 3: 121,000 USDT
- Stop Loss: 116,000 USDT
🧐 Technical Analysis:
1. General Trend:
- The price shows an upward trend with buying pressure, indicating the possibility of continued increase.
2. Key Levels:
- Support Level: 116,000 USDT.
- Resistance Level: 119,500 USDT.
3. Technical Indicators:
- RSI: at 57.0, indicating that the market is in a moderate buying area.
- MACD: shows positive signals, reinforcing the upward trend.
🤔 Market Expectations:
- Positive: If the price stabilizes above the support level of 116,000 USDT.
- Negative: Breaking the support may lead to further decline.