#BTCReclaims101K BTC Coin Update Now
1. General Trend
The current trend appears bullish in the short term, especially after breaking the previous resistance level at 99,200.06.
$BTC
BTC
102,308.01
+1.39%
Exponential Moving Averages:
EMA(7): 100,450.35 (yellow) is above EMA(25): 99,200.06 (pink), indicating strong bullish momentum.
EMA(99): 97,216.83 (purple) is below the current price, supporting the bullish trend.
2. Technical Indicators
MACD:
The signal line (DEA) and the MACD line are showing a positive crossover, with a rising histogram, indicating strong buying momentum.
MACD Value: 414.81.
Volume:
There is an increase in trading volume with green candles, reflecting buyers' interest.
$HMSTR
HMSTR
0.003689
+0.19%
3. Supports and Resistances
Strong Support: 96,603.88 (matches previous low).
Strong Resistance: 102,286.44 (previous high).
$BNB
BNB
719.42
+2.84%
4. Recommendation
Buy: If the bullish continuation is confirmed above 101,888.
Caution: If the price breaks the support at 99,445.16, it may indicate the beginning of a downward correction.
If you are planning to enter or exit a trade, it is always advisable to use a stop loss and manage your money carefully.
