Price: 98138.6

ADX shows a strong trend.

Williams %R is in the overbought area, short position may be considered.

MFI is in the overbought area, short position may be considered.

Aroon is showing an upward trend.

There is a positive movement, there may be a buying opportunity.

TRIX is showing bullish momentum.

ROC is positive, an increase may be expected.

Price is above the upper Keltner band, there may be a selling opportunity.

Price is above the pivot point, approaching resistance levels.

CryptoLobby:

According to the information you have provided, we can say that there is a general uptrend in the market. However, the fact that indicators such as Williams %R and MFI are in the overbought area indicates that there may be a correction or short-term selling pressure in the short term.

Recommended positions:

1. Short position can be opened: Williams %R and MFI are in the overbought area, it may indicate a short-term correction. Therefore, a short-term short position can be opened.

Stop-loss and take-profit levels:

- Stop-loss level: Considering that the price is above the Keltner band, the stop-loss level can be positioned just above or just below the upper band.

- Take-profit level: Taking profit level can be determined by considering the resistance levels.

Strategy suggestion:

- Stop-loss and take-profit levels should be determined strictly and risk management should be kept at the forefront.

- The fact that the price is above the pivot point indicates that resistance levels should be paid attention to. These levels can be important for the strategy.

- Opening the position should be done carefully and market conditions should be constantly monitored since the price is above the Keltner band.

TELE GRAM @kriptolobisichat