#BTCBreaks99K
General Trend:
Upward, and Bitcoin is above the Exponential Moving Average (EMA) which supports positive momentum.
Candles:
Inverted Hammer candle at the bottom followed by an upward movement.
Fibonacci:
Retracement from the 0.618 level confirms a healthy correction within an upward trend.
Support and Resistance:
Strong support at 95,000 and psychological resistance at 100,000.
RSI and MACD:
Momentum is strong (RSI = 68.31), and MACD indicates continuous upward movement.
Summary:
The trend is positive, and breaking above 100k may open the door for higher levels, but a correction is possible.
⭐Entry after breaking a strong daily candle and closing above 100k
✅Targets
105k
110k
Beware and pay close attention, may God grant you success