๐ BTC/USDT Weekly Signal Update
๐ Golden Lion Trading
๐ฅ Current Market Snapshot:
๐ฐ Price: $98,229.74 (+4.03%)
๐ Volume (24h): 2.15B
๐ Low (24h): $93,840
๐ Technical Analysis:
๐ธ Parabolic SAR:
SAR Levels at $83,234 suggest a bullish continuation ๐.
๐ธ Stochastic RSI:
K: 82.49, D: 86.81 โ ๏ธ Overbought zone detected โ A potential correction ahead.
๐ธ RSI (6):
At 67.74, bullish strength remains intact but nearing overbought levels ๐ช.
๐ธ Candlestick Patterns:
Strong green candles confirm buyer dominance โ , but red reversal candles hint at resistance near $99,000.
๐ Fundamental Analysis:
Market Sentiment:
Positive buzz around BTC adoption continues to attract buyers ๐.
Watch out for macro factors like FED announcements ๐ข that could increase volatility.
Whale Activity:
๐ Whales are accumulating heavily, signaling long-term confidence. Short-term corrections may follow profit-taking.
โจ Prediction & Signal:
๐ Bullish Scenario:
If BTC breaks and holds $99,500, we might see a surge toward $108,000. ๐
๐ Bearish Scenario:
A failure to hold $93,000 could push BTC to $90,000 ๐.
๐ก Trading Signals:
๐ Long Entry: Above $99,500
๐ฏ Target 1: $102,500
๐ฏ Target 2: $108,000
๐ Stop Loss: $96,500
๐ Short Entry: Below $93,000
๐ฏ Target 1: $90,000
๐ฏ Target 2: $87,500
๐ Stop Loss: $96,000
๐ Important Reminder:
Always trade with proper risk management and stay updated!
โจ Follow Golden Lion Trading for expert updates and premium signals! ๐ฏ
