🔍 1D (daily) analysis:
The current price is approaching the middle band (SMA20) of BB at 105,664 and is trending up.
The BB band is slightly expanding, indicating increasing volatility.
The most recent candle is a bullish candle with a lower shadow, indicating a recovery signal from support.
📌 Trend signal: Slightly increasing, retesting the resistance zone of 110,000 (upper BB band).
🔍 4H analysis:
The price has broken above the middle band of BB (SMA20) and is heading towards the upper band (107,558).
BB is expanding strongly, confirming a clear recovery wave.
A series of strong bullish candles with increasing volume => buyers are dominating.
📌 Short-term trend signal: Increasing to approach the zone of 107,000–108,000.
✅ Main trend conclusion:
Highest probability: BTC is in a recovery phase with a short-term uptrend.
Near target: 107,000 - 110,000 USD.
However, it is necessary to closely monitor the price reaction at this strong resistance zone, as this is the threshold that determines the medium-term trend.
🔹 Reference strategy for everyone:
entry: 105,200 - 105,600
🎯 Profit-taking target (TP):
107,000 - 108,000
max: 111,000 if momentum continues to be strong.
🛑 Stop loss (SL):
Below 104,000, or lower than the nearest bottom on the 4H frame.
Wishing everyone a successful new month. TP in your pocket. SL stay away