$BTC/USDT Analysis (4H)
🔍 Chart Summary:
Price: $115,158.56
24h Change: +0.91%
24h High / Low: 115,720 / 114,066
Indicators Used: EMA(9), EMA(21), EMA(99), MA(5/10), RSI(6), MACD
📊 Technical Indicators:
1. EMA Analysis:
EMA(9): 114,509.50
EMA(21): 114,621.47
EMA(99): 116,125.44
✔ Price is above 9/21 EMAs, but still below EMA(99).
⚠ Short-term bullish, but facing resistance near 116K.
2. MACD:
MACD Histogram turning green with rising momentum.
✔ Bullish crossover in progress.
3. RSI (6):
RSI = 73.81
⚠ Approaching overbought zone — may face selling pressure near resistance.
4. Volume:
Volume remains decent but not significantly strong. Less conviction than ETH.
📌 Support & Resistance:
Immediate Resistance: 116,125 (EMA99) and 116,726
Support Zone: 114,509 – 114,000
Next Support: 113,259 → 111,920 (swing low)
🧾 Trade Setup for BTC/USDT:
🟢 Bullish Scenario (Breakout):
Entry: Breakout above 116,200 with volume
SL: Below 115,000
TP1: 118,460
TP2: 119,800
✅ Safer Entry (Pullback Entry):
Entry: Pullback near 114,800 – 115,000
SL: Below 114,000
TP1: 116,200
TP2: 118,400
🔴 Bearish Scenario (Rejection):
Short Entry: Rejection at EMA(99)/116,200
SL: Above 116,700
TP1: 114,600
TP2: 113,259
TP3: 111,920