🔎 Chart Analysis (1D)
📊 General Context
• Current Price: $BTC 104,348.84 USDT.
• Variation: +2.51% on the day.
• 24h Volume: 15,329.72 BTC.
🟢 Supports
• 93,377 USDT — A previous support, visible in multiple candles with long wicks testing this range before resuming the rise.
• 98,696 USDT — Recent next support, aligned with the EMA(50) and close to the EMA(40) around ~102,390 USDT, which also serves as dynamic support.
🔴 Resistances
• 108,172 USDT — Important region where there was recent price rejection, aligning with a previous high.
• 111,980 USDT — Relevant previous high; strong psychological resistance.
• $BTC 112,910 USDT — Highest visible resistance on the chart, associated with recent highs.
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🧭 Moving Averages
• EMA(20): 104,837 USDT — Very close to the current price. The candle is trying to break above it, but hasn't closed yet.
• EMA(40) and EMA(50) — Serve as dynamic supports just below the price (EMA40 at 102,390 USDT and EMA50 at 101,095 USDT).
• MA(5): 13,209 USDT and MA(10): 14,404 USDT (volume) — help to evaluate short-term momentum.
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📈 Indicators
• RSI(6): 46.05
• RSI(12): 49.18
• RSI(24): 54.54
These values suggest that the asset is in a neutral range, neither overbought nor oversold. However, the lower RSI(6) warns of slight weakness in the very short term.
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🎯 Technical Scenario
1️⃣ Relevant Support: The zone of 98,696 USDT to 93,377 USDT is an important support area, where the price has reacted several times.
2️⃣ Key Resistance: The price needs to break and hold above 105,333 USDT (high of the last 24h) and then above 108,172 USDT to resume a stronger upward trend.
3️⃣ EMA(20): Acts as immediate resistance (104,837 USDT). A daily close above this average would provide a more optimistic signal.
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📝 Summary
✅ Bulls want to see:
• The price closing above the EMA(20) and breaking $BTC 105,333 USDT.
• Increasing volumes to validate the rise.
❌ Bears want to see:
• The price losing the support zone at 98,696 USDT.
• Higher selling volume and RSI breaking below 45.
