MoneyWind
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1-hour price trend of BTC: rise


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【Buy and Sell Points】
Buy point 1: 105500 USDT (EMA30 support level 105219 moves up 1% safety margin, combined with the previous low point 105172 to form a resonant support)
Buy Point 2: 104800 USDT (integer support level + EMA120 position 103936 floating 1%, daily chart level bullish trend not broken)
Long stop loss: 104600 USDT (below buy point two 200 USDT and meets <1/2 buy spacing, avoiding the previous low 104622 technical selling pressure zone)
Sell point one: 107000 USDT (integer barrier pressure + 1% below the previous high of 107771 neckline, MACD hourly chart top deviation risk)
Sell Point 2: 108000 USDT (1% pressure zone below the monthly high of 108952, in conjunction with RSI overbought expectations)
Short-selling stop-loss point: 108500 USDT (After breaking through 108000, strict stop-loss is required for chasing short-selling, covering the fluctuation space of the monthly high of 108952)
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【Price Trend Analysis】
Candlestick pattern:
Recently, on the 1-hour timeframe, there have been consecutive bullish candles breaking through the psychological barrier of 106,000, with a high testing of 106,791 before a slight pullback, forming a short-term resistance level.
The daily line level presents a three-day positive trend, breaking through the previous high of 105333 and establishing an upward channel.
Technical Indicators:
MACD: The 1-hour DIF and DEA on the zero axis have a dead cross, with a -42 histogram; the daily MACD histogram starts to shrink from -156, showing signs of bullish divergence.
RSI: The 1-hour RSI14 value of 67 is close to overbought territory but has not formed a bearish divergence; the daily RSI55 is in the neutral to slightly strong zone.
EMA: The price stabilizes above EMA7 (106246), with EMA7/30/120 in a bullish arrangement (106246>105219>103936)
Volume:
When breaking through 106000, accompanied by a volume increase of 518 on 518, but did not reach the 689 volume of the previous high of 106290
Daily volume at 1742 on the daily chart is significantly shrinking compared to the previous day's 14652, beware of volume-price divergence.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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