$BTC 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀I will analyze the indicators and help you draw up a strategy considering entries and exits for the BTC/USDT pair. Let's go to the main points:
Highlighted indicators:
1. RSI (Relative Strength Index):
• RSI (6): 59.44 — neutral region, but close to overbought.
• RSI (12) and RSI (24): Both in the 47-49 range, suggesting a slight recovery trend.
2. Stochastic RSI:
• STORCHRSI is at 99.02 — in the overbought zone, indicating a possible adjustment or correction in the price.
3. MACD:
• Negative value: -5.17, but with signs of recovery. The MACD line and signal are close, indicating a possible positive crossover.
4. Volumes:
• Increasing volume and rising OBV indicate momentary buying pressure.
5. Moving Averages (MA):
• MA(8), MA(50), and MA(100) are above the current price. This indicates resistance at higher levels, suggesting a bearish trend in the medium term.
6. Parabolic SAR:
• SAR points below the price indicate temporary support and the possibility of a continuation of the short-term rise.
Strategy:
Entry:
• Conservative entry: After confirmation of a breakout above R$95,441.33 (20-period MA on the 4-hour chart).
• Aggressive entry: If the price retreats to the support range of R$91,203.67 and shows a reversal in the RSI or bullish candles.
Exits (targets):
1. Target 1 (short term): R$ 96,201.00 (100-period MA).
2. Target 2 (medium term): R$ 97,181.04 (50-period MA).
Stop Loss:
• Short term: Below R$ 91,279.60 (Parabolic SAR level).
• Medium term: Below R$ 90,627.63.
Final Considerations:
• The market is in a recovery phase, but the indicators show signs of overbought (high stochastic RSI). This means that there may be a correction before a new high.
• Monitoring the volume and the crossings of indicators, such as MACD and SAR, is essential to confirm the continuation of the trend.