$BTC
Based on the BTC/USDT chart on a 4-hour time frame:
1. General Trend
Current trend: Uptrend (still generally rising).
The price is currently experiencing a slight pullback after reaching a local peak at 105.773.
2. Moving Average (MA)
MA(7): 103.484 (below the current price)
MA(25): 103.577 (below the current price)
MA(99): 98.198 (well below the price, confirming a strong upward trend)
Conclusion: The price is still above all major MAs → bullish signal.
3. RSI (Relative Strength Index)
RSI(15): 56.25 → neutral tending bullish
RSI(100): 58.09, RSI(200): 54.92 → consistent with healthy conditions (not overbought)
Conclusion: No overbought or oversold pressure. Still room to rise.
4. MACD
MACD line (DIF): 599.60, Signal line (DEA): 696.44 → small bearish crossover.
Thin red histogram → weakening momentum, but not yet strongly bearish.
Conclusion: Potential for a minor correction still exists, but no confirmation of a downward trend yet.
5. Price Structure
Nearest support: 101.996
Nearest resistance: 105.773
If it breaks 105.773 → the next target could be around 106.8 – 108K
If it drops and breaks 101.9 → strong support at 98.2K (MA99)
Strategy Recommendations:
Scalping/Short Buy:
Entry: between 102.000 – 103.000
Target: 105.000 – 106.500
Stop Loss: <101.900
Swing:
Wait for a breakout at 105.800 with high volume to buy
Or buy on dip if the price touches MA25 or MA99
NOTE: Trade on your own do not blame others, Always set a Stop Loss