Ayako Falu xbxo
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$BTC #StrategyBTCPurchase
Chart Analysis:
Current Support:
The closest clear support is at 111,684 (the last low).
Second support around 112,900 – 113,000.
Resistance:
The first nearby resistance is at 117,400 – 117,600 (which the green candle touched).
Stronger resistance at 118,500 – 119,200.
Moving Averages (MA):
The price is currently above MA(7) and MA(25), which is a positive signal.
However, it is still close to MA(99) at 117,034, and this is a strong resistance. If it breaks through, we might see a new rise.
Volume:
It is clear from the chart that there is a massive increase in trading volume with the recent rise, and this likely means strong liquidity is entering (could be positive news or movement from whales).
Short-term Forecast (Hours / Few Days):
If the price can firmly break 117,500, it may rise to 119,000 – 120,000.
If it fails and is satisfied with the current rise, it may correct and retest 114,000 – 115,000.
Medium-term (Days – Weeks):
Positive Scenario: Continued momentum keeps the price targeting areas 122,000 – 125,000.
Negative Scenario: Breaking support at 111,600 could drop the price to 108,000 – 110,000.
📌 Summary:
In the short term: the trend is upward provided it surpasses 117,500.
Best Strategy: Waiting for a retest of support (115k – 114k) to buy, or entering after a strong breakout above 117,600.
Chart Analysis:
Current Support:
The closest clear support is at 111,684 (the last low).
Second support around 112,900 – 113,000.
Resistance:
The first nearby resistance is at 117,400 – 117,600 (which the green candle touched).
Stronger resistance at 118,500 – 119,200.
Moving Averages (MA):
The price is currently above MA(7) and MA(25), which is a positive signal.
However, it is still close to MA(99) at 117,034, and this is a strong resistance. If it breaks through, we might see a new rise.
Volume:
It is clear from the chart that there is a massive increase in trading volume with the recent rise, and this likely means strong liquidity is entering (could be positive news or movement from whales).
Short-term Forecast (Hours / Few Days):
If the price can firmly break 117,500, it may rise to 119,000 – 120,000.
If it fails and is satisfied with the current rise, it may correct and retest 114,000 – 115,000.
Medium-term (Days – Weeks):
Positive Scenario: Continued momentum keeps the price targeting areas 122,000 – 125,000.
Negative Scenario: Breaking support at 111,600 could drop the price to 108,000 – 110,000.
📌 Summary:
In the short term: the trend is upward provided it surpasses 117,500.
Best Strategy: Waiting for a retest of support (115k – 114k) to buy, or entering after a strong breakout above 117,600.
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