$BTC ALERT 📈🚨 (Time Frame 4 Hours)
🧭 1. General Trend
Main trend: Bullish in the medium term, but currently experiencing a correction.
Current price: $104,980
Price has dropped from a peak of $111,959 and is now in a consolidation phase (sideways corrective).
📊 2. Moving Average & EMA
✅ Current price is between EMA-13 and EMA-50, indicating potential early bullish reversal, as long as it can break through EMA-50 and EMA-100.
🔎 3. Key Support & Resistance
Strong support:
$103,000 (EMA 200)
$100,305 (local low)
$97,380 (main medium-term support)
Strong resistance:
$105,140
$107,800
$111,959 (previous peak)
📉 4. MACD (Momentum)
DIF: -358, DEA: -453, and histogram approaching zero → initial signal of MACD bullish crossover
This indicates bearish momentum is starting to weaken, and there is a chance for a reversal upwards.
📈 5. RSI (Relative Strength Index)
RSI(6): 63.9
Still in the neutral-bullish zone → not overbought, but getting close.
✅ Indicates buying strength is starting to increase, but not euphoric → potential upward movement still has room.
🔍 6. Volume
Volume increased when the price rose (valid confirmation).
Volume during sideways movement is lower → supports the potential for a breakout if volume rises again.
💹 7. Buy/Sell Signals (Binance automatic indicator)
Many Buy (B) signals appeared at $103K–$104K → strong support area.
Some Sell (S) signals appeared above $105K → beware of rejection if the price does not strongly break this area.
✅ 8. Strategy Conclusion
If you want to long (go up):
Entry: Breakout > $105,200
TP: $107,000 – $109,000
SL: $103,800
Confirmation: MACD cross up + volume increase.
If you want to short (go down):
Entry: If it fails to break $105K and falls below $104K.
TP: $102,000 – $100,500
SL: $105,300
🛠️ Practical Recommendations
Use a Trailing Stop of at least 0.8% – 1.5% to lock in profits.
Monitor price response to EMA 50 & 100 as crucial areas.
If in doubt, wait for a breakout confirmation with a valid candle and volume.