🔍💥 Signals and forecast $BTC 23 July, 15:28
RSI(6): ~58 — approaching the overbought zone, but not critical yet
MA7 > MA25: short-term bullish reversal signal
Volume: active — increasing volume confirms buyer interest
Candles: clear local rebound from the bottom (117,844) with the formation of a new local maximum
📈 Forecast for today (until evening):
🔹 If $BTC holds above 118,400–118,500 USDT, and RSI does not enter the 70+ zone, we may see a retest of the 119,000–119,300 USDT zone.
🔹 If it breaks 119,300 — the way opens to 119,800–120,000 USDT.
🔹 If $BTC does not hold above MA25 (118,364), a reverse pullback to 118,000–117,800 is possible.
📌 Risks:
RSI is approaching the overbought zone.
MA99 (long-term average) at 119,019 — strong resistance level.
📊 Summary: 🔼 Probability of further growth — 60%, but it is advisable to wait for a break of 119K with volume confirmation.
🔽 Support zone: 118,000
🔼 Resistance zone: 119,300
🛎️ Trader's advice: If long — then with a short stop and take near 119,300. If short — better after the 119,800 zone, if there is a rejection of the breakout.
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