$BTC
Here is a very detailed analysis of the BTC/USDT situation based on the chart (4-hour interval), with tips for beginners and experts, and identifying entry and exit points:
Technical Analysis:
1. Current Trend:
The price is currently at 103,782.97 and is moving upwards after a strong rebound from the low of 100,718.
The moving averages MA7 and MA25 have been broken upwards, which is a positive signal (Bullish Crossover).
The MACD is showing a very clear upward momentum.
There is no strong resistance before the level of 104,600 – 105,800.
2. Important Areas:
Strong Support: 102,700 – 103,200
First Resistance: 104,600
Strongest Resistance: 105,800 (previous high)
Entry and Exit Recommendation: