$ BTC/USDT
š§ Overall Trend:
Trend: Bullish (Uptrend)
The chart shows BTC in a clear uptrend, with higher highs and higher lows forming over time.
EMAs confirm bullish momentum:
EMA(21): 115,505.20
EMA(50): 113,073.54
EMA(200): 100,994.97
The price remains above all key EMAs, indicating a strong upward momentum, although a slight pullback is in progress.
š Support Levels (Buy Zones):
These are price levels where buying interest is likely:
1. 113,000ā113,100 USDT (near EMA50) ā first strong support
2. 104,200 USDT ā horizontal support (previous resistance, now support)
3. 93,500 USDT ā aligned with EMA200, major support level
4. 82,788 USDT ā historical support zone
š« Resistance Levels (Sell Zones):
These are price levels where selling pressure may appear:
1. 115,100ā115,500 USDT ā current resistance zone (24h high and EMA21)
2. 123,200 USDT ā recent local high
3. 125,650 USDT ā next significant resistance
š RSI (6):
Current RSI value: 37.95
Indicates near oversold territory, suggesting possible bounce soon if trend support holds.
š Volume & Momentum:
Volume: Moderate but declining slightly ā may indicate price consolidation or preparation for a breakout.
MA(5) < MA(10): Slight bearish short-term momentum.
š Summary:
Element Status
Trend Bullish overall
Short-term Signal Weak pullback, possible bounce near support
Buy Zone 113,000ā113,100 & 104,200
Sell Zone 115,500 & 123,200
RSI Signal Near oversold ā watch for reversal
Best Entry Idea Long near EMA50 + RSI oversold