1. Current Price and Trend Analysis
• BTCUSDT Latest Price: 100,779 USDT.
• Bollinger Bands (BB):
• The price is currently oscillating between the middle band (orange line) and the upper band, slightly closer to the middle band, indicating some pullback pressure, but still within the oscillation range.
• The middle band support is roughly at 99,427 USDT.
• RSI Indicator (14):
• RSI = 62.29, slightly high but not yet in the overbought (70) zone, indicating momentum is still bullish.
• MACD:
• The MACD line is above the 0 axis, indicating the bullish trend is still continuing, but the histogram momentum is starting to shrink, possibly entering a consolidation or pullback phase.
• Stochastic Indicator:
• Stoch = 76.41 (high), close to the overbought area, a short-term pullback may occur.
2. Entry Suggestions
Long or Short Probability Assessment:
• Long Probability:
• If the price finds support and rebounds at 99,427 (Bollinger middle band support), and RSI remains above 50, then there is a chance for a short-term bullish continuation.
• Long Success Probability: 65%.
• Short Probability:
• If the price breaks below the Bollinger middle band (99,427), and RSI falls below 50, and the MACD histogram turns green, the pullback pressure increases.
• Short Success Probability: 35%.
3. Operating Strategy
1. Short-term Suggestions:
• Wait for the price to test the support at the Bollinger middle band 99,427 USDT.
• Long Conditions:
• If the middle band rebounds, RSI is above 50, and trading volume increases, consider entering a long position.
• Short Conditions:
• If it breaks below the middle band and RSI falls below 50, consider trying a short position.
2. Stop Loss Settings:
• **Long Stop Loss:** Set at 98,670 (24-hour low).
• **Short Stop Loss:** Set at 102,762 (24-hour high).
3. Target Range:
• Long Target Price: 101,500-102,000.
• Short Target Price: 99,000-98,500.
Currently, the short-term is leaning towards bullish, it is advised to observe the middle band support (99,427). If the support holds, a long position can be taken, with a target range around 101,500, and risk control with a stop loss at 98,670.
