BTC/USDT – Multi-Timeframe Technical Analysis: Neutral Signals, Awaiting Breakout
#Bitcoin #TechnicalAnalysis #Crypto
Market Overview
• Current Price: 104,731.58 USDT
• 24h Change: +0.08%
• 24h Volume: Below short-term averages, indicating weak buying pressure
Summary of Trends Across Timeframes
• 15-minute: Neutral signals, price oscillating around MA7, weak buying momentum.
• 1-hour: Slightly bearish, price below MA7, RSI(6) under 45, potential for further decline.
• 4-hour: Mildly bullish, MACD positive, price holding above MA25.
• 1-day: Long-term uptrend but warning of possible correction due to high RSI and negative MACD.
Conclusion: Short-term trend is choppy, daily timeframe signals caution of correction, prioritize flexible short-term strategies.
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Suggested Trading Strategy
1. Long Position (Buy)
• Entry: Price breaks above MA7 (104,857) on 1-hour chart with RSI(6) > 50
• Take Profit: 105,500 (4-hour resistance level)
• Stop Loss: Below MA25 (104,164 on 4-hour chart)
• Estimated Success Rate: ~60% if volume increases and MACD remains positive
2. Short Position (Sell)
• Entry: Price breaks below MA25 (104,164) on 4-hour chart with RSI(6) < 45
• Take Profit: 103,000
• Stop Loss: Above MA7 (105,225 on 4-hour chart)
• Estimated Success Rate: ~55% if MACD turns more negative and selling volume rises
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Notes
• The daily chart signals overbought conditions and possible short-term pullback.
• Monitor macro news such as interest rates and Bitcoin ETF developments to adjust your strategy accordingly.
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This analysis is for informational purposes only and not investment advice.
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