$BTC (click here for more quality recommendations)
Based on the BTC/USDT chart, I analyze as follows:
1. Current situation:
- BTC Price: $97,518 (+3.20%)
- 24h Range: $93,138 - $98,384
- Trading Volume: 5.93B USDT
- In a strong uptrend
2. Technical analysis:
- All MA lines are trending up:
+ MA20: $95,923
+ MA50: $94,066
+ MA200: $91,207
- Bollinger Band is expanding upwards
- RSI is not overbought (63.74)
- MACD is still maintaining an uptrend
3. Trading scenarios:
Bullish scenario (70% probability):
- Target 1: $98,500
- Target 2: $100,000 (psychological)
- Buy zone: $96,800-97,200
- Stop loss: $95,800
Correction scenario (30% probability):
- Support 1: $96,000 (MA20)
- Support 2: $94,000 (MA50)
- Sell zone: $98,000-98,500
- Stop loss: $99,000
Recommendations:
1. Trade according to the trend:
- Long can be opened in the support zone $96,800-97,200
- Watch for breakout above $98,400 to add position
2. Risk management:
- Do not all-in on one order
- Set stop loss
- Take profit partially when reaching targets
- Be cautious with macro news that may affect
Note: This is only a reference analysis; investors need to have their own strategy and appropriate risk management.