WARNING $BTC 📈🚨
Breakthrough $106,000
📈 General Analysis BTC/USDT (1H)
💰 Current Price: $105,990.30
24h High: $106,200
24h Low: $104,927.4
The current price is above all major EMAs, bullish momentum signal (short term).
📊 Technical Indicators
✅ EMA (Exponential Moving Average)
EMA(13): 105,622.93
EMA(50): 105,157.18
EMA(100): 104,911.43
EMA(200): 105,073.93
📌 Price is above all these EMAs → short and medium-term uptrend confirmed.
EMA-13 & EMA-50 act as the nearest dynamic support.
📈 RSI (Relative Strength Index) – 74.86
RSI above 70 → Overbought
📌 Potential short-term correction. Watch for a retracement to EMA-50 support.
📉 MACD
DIF (MACD Line): 179.95
DEA (Signal Line): 155.62
Histogram: Positive (MACD line > Signal line)
📌 Bullish signal, supporting the continuation of the uptrend.
🔊 Volume
Volume increases as the price breaks through EMA → confirms valid movement.
No abnormal spikes → the market is not overheating, but keep an eye on the next breakout volume.
📌 Buy/Sell Signals (Chart)
Several B (Buy) signals appear as the price touches EMA-100 and EMA-200 → good accumulation entry.
S (Sell) signal around $106,600 → watch this area as a strong short-term resistance.
🧠 Analysis Conclusion
✅ Current Trend: Bullish
🚨 But RSI is Overbought, so watch for potential light correction before rising again.
🧭 Recommended Strategy
📌 1. Pullback Buy
Entry: 105,200 – 105,300 (EMA-50)
SL: 104,700 (below EMA-100)
TP: 106,600 – 108,900
📌 2. Breakout Buy
Entry: If the price breaks & closes above $106,650
SL: 106,000
TP: 108,900 – 111,200