**Analysis**: - **Trend**: The price above EMA(7) and EMA(25) indicates a strong uptrend. EMA lines are upward sloping, signaling bullish momentum. - **Bollinger Bands**: The price near the upper band suggests it might be overbought, potentially pulling back to the middle band. - **Parabolic SAR**: Positioned below the price, supporting the bullish trend. - **MACD**: Positive histogram and MACD above the signal line indicate bullish momentum, but the narrowing histogram hints at weakening momentum. - **RSI**: At 61.89, the RSI shows a neutral to slightly overbought state, with room for upward movement.
**Suggested Buying Points**: 1. **First**: Around EMA(7) at ~58,512 USDT. 2. **Second**: Near the middle Bollinger Band at ~40,079 USDT. 3. **Third**: Around the Parabolic SAR level at ~40,199 USDT.
**Prediction**: - **Short Term**: Expect a slight pullback near the upper Bollinger Band. - **Medium Term**: Look for support around the middle Bollinger Band. - **Long Term**: Uptrend continues as long as EMA(7) stays above EMA(25) and Parabolic SAR is below the price. #BTCâ #IntroToCopytrading #US_Inflation_Easing_Alert #Megadrop
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