$BTC

This from a financial BOT 🤖, what is your opinion is bot analysis accurate or not ?

Action Plan

1. Hold or Wait

Hold if you currently have a position, as the larger trend is still upward. However, be cautious due to the Bearish Harami and resistance levels.

Wait for confirmation of either a breakout or a pullback to support levels.

2. Buy if

The price breaks above the resistance level of 93,265.64 with strong volume.(confirm it by the correction to be as new support area)

The price retraces to key support levels (85,831.84 or below) and shows signs of bullish reversal (e.g., bullish engulfing pattern).

3. Sell or Avoid Buying if

The price confirms the Bearish Harami pattern by breaking below 89,661 and showing further bearish momentum.

Indicators like RSI and Bollinger Bands suggest continued overbought conditions without a breakout.

Final Recommendation

Current Action: Hold.

Monitor for a breakout above 93,265.64 or a retracement to 83,831.84 for new buying opportunities.

Be cautious of a short-term pullback due to the Bearish Harami and resistance levels.