Analysis $BTC / USDT (4H) with Crypto Info Bot
1. Technical Context
Trend: Clear bullish trend, with wide-bodied candles and ascending lows.
Moving Averages:
Yellow (21 EMA): immediate dynamic support.
Blue (49 EMA): continues to rise.
Red (98 EMA): still far away, indicating strong momentum.
Rejection Zone: Marked by the red triangle (resistance at approximately $105,000).
Demand Zone: Indicated with a green triangle (support at $94,000 - $96,000).
2. Harmonic Indicators and VSA
Increasing volume with bullish candles: confirmation of professional intent.
Visible distribution at highs (large candle with wick and high volume): possible absorption pattern or “buy to sell.”
Harmonic Crypto detects a possible “Gartley” pattern still forming (retracement close to 0.618).
3. Key Levels
Strong resistance: $105,000
Important support: $100,000 - $98,000
Local minimum: $93,377
Recent maximum: $104,984
4. Suggested Strategy
Scenario A (breakout and confirmation):
Entry: $105,200 (if resistance breaks with volume).
TP1: $107,000 / TP2: $110,000
SL: $103,000
Scenario B (rejection at resistance):
Sell from $104,900
TP1: $102,000 / TP2: $98,500
SL: $105,600
5. Psychology & Management Suggestion
Do not trade in the indecision zone between $103,000 - $104,500 without confirmation.
Recommended risk: 1-2% of capital per trade.
