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Abdul Rehman_pk
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Abdul Rehman_pk
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Based on the chart (1D and 3D timeframes of BTC/USDT), here’s a quick technical overview: 1. Trend Direction (Bullish) Price is currently above all major moving averages (MA(7), MA(25), MA(99)), which indicates a strong uptrend. On both charts, the price recently made higher highs and higher lows, showing bullish momentum. 2. Volume Volume is relatively stable with green candles dominating, confirming the bullish move. There’s a slight dip in volume on the 3D chart, which may suggest slowing momentum. 3. MACD (Bullish, but watchful) On the 1D chart: MACD is slightly negative (-73.53), but histogram bars are shrinking, possibly preparing for a bullish crossover. On the 3D chart: MACD is strongly positive (2103.41), showing a continuation of bullish momentum. 4. RSI (not shown but can be inferred) Based on the price being far above the 7-day and 25-day MAs, the RSI is likely near overbought levels. This could signal a short-term pullback. --- Conclusion / Possible Next Moves 1. Short-term (1D): Slight correction or consolidation may happen near $104k–$105k due to overbought conditions. Support level is near $102k, and resistance is around $107k. 2. Medium-term (3D): The trend remains bullish with a strong breakout above $100k. As long as it holds above $101.5k–$102k, the uptrend is intact. Next major resistance could be around $110k. --- What to watch: If price breaks and holds above $107k, expect further upside. If it drops below $102k, it could signal a short-term bearish correction. #BTCCORRECTION #BTC🔥🔥🔥🔥🔥 #BinancePizza $BTC
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3rd one
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what a grougeous view
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yes i will definitely
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Bullish Case (Higher Probability): Next Move: BTC may test or break above the previous high of $104,145.76. Target: It could reach $105,500–106,000 if strong buying pressure continues. Reason: Strong green candles, increasing MACD, and volume suggest continuation of the uptrend. Bearish Case (Pullback/Correction): If it fails to break $104K, BTC might pull back slightly to: $100,000 (psychological level/support) Or as low as $98,500 (24h low). Conclusion: Likely next move: BTC pushes toward $104K–106K in the short term unless it faces strong resistance. #TradeOfTheWeek $BTC
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