๐ Merry Christmas to all Binance users from DoctorSax! ๐ท๐
Looks like Santa brought us a sweet little bullish flag on Bitcoin this Christmas! Ho ho ho, the charts are singing a jazzy tune, and itโs sounding pretty bullish, my friends!
๐ Quick Technical Jazz Session:
Current Price: $98,084.01
Key Resistance: $99,511.62 โ If BTC breaks through this level with strong volume, we might see fireworks shooting towards $100,356 and beyond!
Key Support: $97,490.76 โ Keep your sax tuned here; if BTC dips below, we might slide into a slower ballad.
EMA Trio:
EMA(7): $97,412.59 โ Price is dancing above it, smooth moves.
EMA(22): $96,762.36 โ Solid support, keeping the rhythm steady.
EMA(100): $98,509.31 โ A tricky note to hit, but once weโre above, itโs all smooth sailing.
๐ Possible Scenarios:
1. Bullish Solo: BTC breaks $99,511, volume spikes, and we hit those high notes around $100,356 and beyond.
2. Sideways Groove: Consolidation between $97,500 and $99,500, a smooth riff before the breakout finale.
3. Bearish Blues: If BTC falls below $97,490, we might slide down towards $94,625 for a minor bluesy correction.
๐ท MACD & Volume Jazz Notes:
MACD: Positive momentum, a nice rising groove.
Volume: Picked up during the bullish run, showing the crowdโs vibing with the trend.
๐ Final Tune: The bullish flag is playing a promising melody. If BTC keeps this rhythm, we might just end the year on a high note.
From DoctorSax to you: Merry Christmas, happy trading, and may your charts always hit the high notes! ๐ถ๐๐
