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📈 Current price: $BTC
107,865.6 USDT
A decrease of -1.43% in 24 hours
Highest price in 24 hours: 110,392
Lowest price in 24 hours: 107,320
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🔍 Technical indicators (we analyze them one by one):
1. Candles:
There has been a clear rise from the bottom (around 94K) to 111K, followed by a downward correction and a return to the current price of 107K.
Currently, the last candle is green, indicating an upward attempt after a correction.
2. SAR (yellow dots):
The dots have started to form below the candles = a positive signal for the possibility of continued rise.
3. RSI (Buying Strength):
RSI = 54.78 → considered in the neutral zone, neither overbought nor oversold.
This means there is room for an increase if there is strong support.
4. Moving Averages (MA):
MA5 = 12,696
MA10 = 13,728
> The averages are significantly higher than the current price → this is strange, likely due to unusual settings or an incorrectly adjusted chart.
5. Volume:
Very good trading volume, about 5,271 BTC in 24 hours, which supports the upward movement more strongly.
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📊 Expected upcoming trend:
Current indicators (SAR + bullish candle + RSI above 50) all suggest that the upcoming trend is bullish in the short term (within hours).
Provided that the price does not break below 105,600 (the nearby support).
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💰 Suggested trading deal (Scalp or Swing):
🟢 Entry (Buy):
Entry: 107,850 USDT
🎯 Targets (Take Profit):
Target 1: 109,800 USDT
Target 2: 110,800 USDT
Target 3 (ambitious): 113,000 USDT
🔴 Stop Loss:
Below the main support: 105,500 USDT
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🧠 Final advice:
> The market clearly seems to be trying to rise, but always keep a stop-loss in place. Don't invest too much money in a single trade, especially in the volatile crypto market.
If I provided you with useful information, don't forget the reward button and follow me, thank you $BTC