$BTC: Prepares for Parabolic Phase: Key Technical Trigger Met
LONG SETUP BTC
Entry: $84200.00 - $84400.00
Stop Loss: $81300.00
Take Profit: $90300.00 (2R)
Key Levels: Support $84180.09 | Resistance $84898.00
Technical Analysis for $BTC: All major indicators point bullish. EMA9, EMA21, EMA50 and EMA200 sit below price, confirming an uptrend. MACD line sits well above its signal with a strong positive histogram. ADX at 49 signals a powerful trend. Orderbook shows a 66 % bid imbalance. Despite RSI and Stoch overbought, momentum remains firmly to the upside.
Market Context: BTC up 2.16% in 24 h, market breadth broadly positive with 79 % green assets.
LONG $BTC
LONG SETUP BTC
Entry: $84200.00 - $84400.00
Stop Loss: $81300.00
Take Profit: $90300.00 (2R)
Key Levels: Support $84180.09 | Resistance $84898.00
Technical Analysis for $BTC: All major indicators point bullish. EMA9, EMA21, EMA50 and EMA200 sit below price, confirming an uptrend. MACD line sits well above its signal with a strong positive histogram. ADX at 49 signals a powerful trend. Orderbook shows a 66 % bid imbalance. Despite RSI and Stoch overbought, momentum remains firmly to the upside.
Market Context: BTC up 2.16% in 24 h, market breadth broadly positive with 79 % green assets.
LONG $BTC