- Bullish engulfing pattern formed on 4-hour chart - RSI (14) crossed above 50, indicating bullish momentum - Moving averages aligned for potential uptrend
*Recommendation:*
- Buy BTCUSDT at $98,500 - Set take-profit at $100,567 ( approx. 2% increase) - Set stop-loss at $96,200 (approx. 2.5% decrease)
*Disclaimer:*
This signal is for informational purposes only and should not be considered investment advice. Cryptocurrency trading carries significant risks, and losses can exceed initial investments. Always conduct your own research and consult with a financial advisor before making trading decisions.
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