4-hour $BTC /USDT chart from Binance, here’s a technical analysis and intraday trading signal using classic indicators like EMA, MACD, RSI, and volume:
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📊 Technical Snapshot
Chart Timeframe: 4H
Current Price: ~$108,139
Recent High: ~$111,980
Recent Low: ~$106,769
EMA Levels:
EMA(7): 108,056
EMA(25): 108,509
EMA(99): 106,328
MACD:
DIF: -237.51
MACD Histogram: Negative but narrowing, possible bullish crossover forming
RSI(6): 47.75 → Neutral but slightly leaning oversold (possible bounce)
Volume: Decreasing – lower volatility in recent candles
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🔎 Chart Insights
Price is hovering around the 7 EMA, which is currently below the 25 EMA — showing short-term weakness.
Support zone: Around $106,000–$106,500 (close to EMA 99 and recent swing low)
Resistance zone: Near $111,000–$112,000 (recent high)
MACD crossover is approaching — could signal a short-term upward move.
RSI is approaching 50 from below, often a signal of a potential reversal when confirmed by volume or MACD.
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📉 Intraday Trading Signal (Long Setup)
✅ Entry Point (Buy):
Aggressive entry: $108,200 (current market price)
Conservative entry: $107,000 (closer to EMA(99) and local support)
🛑 Stop-Loss:
Below recent support: $105,800
(Just under the EMA(99) — gives room against fakeouts)
🎯 Take-Profit Targets:
1. TP1: $109,800 (near recent minor resistance)
2. TP2: $111,500 (major resistance from recent high)
3. TP3 (Stretch target): $113,000 (upper resistance zone)
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🔁 Alternative Scenario: Short Setup (If price fails support)
Entry: Below $105,700
Stop-Loss: $107,000
Take-Profit: $103,000 – $101,000
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⚠️ Risk Management:
Suggested Risk-Reward Ratio: 1:2 or higher
Size your position based on capital and acceptable risk (max 1–2% of capital per trade)