From BTC Data
RSI (14): 39.6 → Neutral indicator leaning towards selling (below 50), but it has not reached the oversold area (below 30). (Investing.com)
STOCH (9,6): 99.06 → In the overbought area, which may indicate a potential correction soon. (Investing.com)
MACD (12,26): 117.1 → Gives a clear buy signal. (Investing.com)
ADX (14): 56.9 → Reflects strength in the current trend, but does not specify the direction itself, while some other indicators tend to signal towards selling. (Investing.com)
Summary: We have a divergence in signals; the Relative Strength Index (RSI) is neutral and far from oversold, while Stochastic indicates overbought, and MACD supports buying, whereas ADX indicates that the movement is strong now regardless of the direction.
2. Support & Resistance Levels
According to Barchart:
Resistance:
First Resistance: $119,035
Second Resistance: $121,088
Third Resistance (Higher): $124,768 (Barchart.com)
Support:
First Support: $113,302
Second Support: $109,623
Third Support: $107,570 (Barchart.com)
Additionally, according to an analysis from TradingView:
Immediate Support: around $113,109
Immediate Resistance: at $117,500
Potential Trading Signal: Upside target towards $122,077–$122,158, with a “Stop Loss” at $113,109, and a risk/reward ratio estimated at around 1:2.6. (TradingView)