$BTC
Here’s the analysis in English:
1. Price Action
Price recently got rejected from the resistance zone (118690–119370) and is now testing support near EMA-20 and the Bollinger mid-band.
We’ve seen some profit-taking candles after the recent uptrend → small correction phase.
2. Indicators
MACD: Still bullish but histogram is shrinking → momentum slowing.
RSI (55.86): Neutral zone, not overbought or oversold.
Stoch RSI (47.59): In the middle, no strong buy/sell signal yet.
Volume: Dropping recently → less power for a new trend.
SuperTrend: Still showing a buy signal.
3. Sentiment Bar
70% buy, 30% sell → traders are leaning bullish, but this alone isn’t reliable.
📊 My take:
Current movement looks like a correction after an uptrend.
If price holds above EMA-20 or Pivot (115660), it could bounce and move up again.
If it breaks below EMA-20, selling pressure could increase.
✅ Buy plan: Enter only if there’s a bounce confirmation from EMA-20 or a close above 118010.
❌ Sell plan: Enter if price breaks below EMA-20 or closes below 115660.
Right now, entering would be risky — better to wait for a clear candle confirmation.