📊 Technical Analysis BTC/USDT (Daily Chart)
The #BTC/USDT pair shows a consolidated upward trend on the daily chart, despite the recent technical correction after reaching a high of $BTC 111,999 USD. Currently, the price is in the region of $BTC 105,484.8 USD, with an increase of +0.72% on the day.
📈 Main Technical Indicators:
• EMAs (20, 40, and 50 periods): The exponential moving averages (EMA20: 105,317.2; EMA40: 101,719.7; EMA50: 100,220.5) remain aligned in an upward trend, signaling relevant dynamic support and sustaining buying strength.
• Important Supports: 102,824.4 USD and 100,220.5 USD (EMA50). A break below these zones could indicate a deeper correction.
• Key Resistances: 111,999 USD (latest high), followed by 115,000 USD (psychological).
• Volume: Daily volume has decreased during the recent correction, indicating a lack of significant selling pressure.
• RSI (6, 12, 24 periods): The RSI(6) is at 43.9, signaling relief from recent overbought conditions and a potential opportunity for reaccumulation. RSI(12) and RSI(24) still indicate moderate strength.
📉 Chart Patterns and Trend:
• After a strong rise from 74,500 USD in April, BTC corrected from 111,999 USD to intermediate support levels. The price is currently testing the EMA20 and trying to hold the short-term upward trend.
• There are no signs of a complete trend reversal; the movement can be interpreted as a healthy correction within a still bullish market.
🔮 Conclusion:
The $BTC BTC/USDT remains in an upward trend on the daily chart, supported by moving averages and important support levels. Despite the recent correction, the asset continues to show buying strength. As long as it stays above the EMA50 (100,220 USD), the scenario is one of continued upward movement. Traders should pay attention to confirmations of support and volume before making new entries.
⚠️ Note:
• Volatility remains high; it is important to manage risk and use appropriate stops.
• This analysis does not constitute a recommendation to buy or sell.
