Parity: #bitcoin
Timeframe: 4h
Trend: Uptrend ⬆️
Momentum: Bullish ⬆️
Volatility: Positive / High ✅
Volume: Neutral 🔄
Candle Strength Score: 6.3 "Strong" ✅
Range: Above the accumulation area, Bullish ✅
Direction forecast: %66 ⬆️
Supports:
107.812$ : Upper band of accumulation / Level where the bullish structure will be maintained
106.250$ : Accumulation equilibrium level
104.687: Lower band of accumulation
103.125$ : Strong major support
101.562$ : Weak support / Expect a reversal
100.000$ : Very strong support / Buying level
98.437$ : Oversold level 1 / Buying opportunity
96.875$ : Oversold level 2 / Buying opportunity
Resistances:
109.375$ : Strong resistance / If a breakout occurs, upward movement continues.
110.937$ : Weak resistance / High likelihood of continuation of the uptrend. Stop level for short positions.
112.500$ : Strong Major resistance
114.062$ : Overbought level 1 / Take profit point / If the price remains stable, bullish movement continues.
115.625$ : Overbought level 2 / Take profit point / If the price remains stable, bullish movement continues.