$BTC Technical Indicators Analysis and trade strategy:
🚨Price Action:
• Current Price: $93,450
• 24H High/Low: $94,490 / $87,911.1
• Recent bullish price movement suggests upward momentum but nearing short-term resistance.
🚨Moving Averages:
• MA 9: $92,746.68 (short-term trend support)
• EMA: $92,587.44
• MA Multiple: $92,169.79
• Price is trading above all major MAs indicating bullish trend.
🚨Bollinger Bands:
• Upper Band: $94,559.01
• Median: $91,290.89
• Price is close to the upper Bollinger Band, indicating overbought conditions and potential for short-term pullback or consolidation.
RSI (14): 73.22
• RSI is above 70, suggesting overbought conditions.
• Possible short-term correction or pause in momentum.
🚨MACD:
• Histogram: 60.09 (positive)
• Signal: 1,240.31
• MACD line is above the signal line — bullish crossover.
🚨DMI:
• +DI: 34.2097
• -DI: 4.7885
• ADX: 60.8 (strong trend strength)
• DMI confirms a strong bullish trend.
⸻
🚨Intraday Trading Signal (Bullish Bias)🚨
🚨Entry Points:
• Buy Zone: $93400 – $93,800
Stop-Loss:
🚨• $91000
• Slightly below the Bollinger Median and previous support level. This gives space for volatility without premature stop-outs.
🚨🚨🚨🚨Take-Profit Targets:
1. TP1: $94,800 – Near recent high and upper BB.
2. TP2: $95,500 – Psychological level & upper BB limit.
3. TP3 : $96,200
4. TP4: $97800
If momentum stays strong.