๐ Bitcoin ($BTC /USDT) Daily Time Frame Analysis & Signal ๐
๐ Current Market Status:
๐น Price: $100,589 (+1.72%)
๐ฏ BTC/USDT Trade Signal: STRONG BUY
๐น Entry Zone: $100,589 - $101,000
๐น 1st Target: $105,000๐ฏ
๐น2nd Target:$109,000๐ฏ
๐น Stop-Loss: Below $99,195
๐น Daily High: $100,895 | Daily Low: $96,114
๐น Key support: $100,000
๐น Key resistance: $105'000
๐ Technical Analysis (1-Day Chart):
โ Moving Averages:
BTC is trading above the 50-day & 100-day SMA, confirming a bullish trend.
โ Key Indicators:
๐นMACD: Bullish crossover, momentum shifting upwards.
๐นRSI: Neutral zone, allowing more room for an upward move.
๐น๐น๐นโ Risk Management Tip: ๐น๐น๐น
Crypto markets are highly volatile. Always set stop-loss levels and manage risk accordingly