Analysis: Current price is above all EMAs, indicating an uptrend on the 1-hour timeframe. EMA(13) as a short-term EMA also supports bullish momentum.
📈 RSI (Relative Strength Index)
RSI(6): 64.44
Analysis: RSI is approaching the overbought area, but still in the safe zone. Upward momentum is still present, but there is potential for a slight correction.
📉 MACD
DIF (MACD line): 554.27
DEA (Signal line): 661.51
MACD Histogram: -107.24 (negative)
Analysis: MACD shows negative divergence → MACD line starts to drop below the signal line → indicating potential short-term price correction.
📦 Volume
Volume tends to weaken after the previous spike → supports the potential for a pullback.
⚙️ Support & Resistance
Nearest Resistance: $111,235 (latest local high)
Nearest Support: $106,683 (EMA50) → if broken, next at $104,407 (EMA100)
✅ Conclusion & Strategy
Overall Trend: Still bullish → supported by the price position above all EMAs.
There is potential for a short correction/pullback before continuing to rise.
If you already have a BUY position:
You can take partial profits at the current area or near resistance $111k.
Set a tight stop loss around $106k.
If you haven’t entered:
It’s better to wait for a correction to the EMA50 area ($107-108k) for a safer entry.
Potential Buy Area: $107,500 - $108,000
Potential Take Profit: $111,000 - $113,000
Stop Loss: Below $106,000
🚨 Note:
If resistance $111,235 is broken with high volume, it could continue bullish higher. But if it fails to break, a correction to $107-108k is likely first.
Analysis: The current price is above all EMAs, indicating a fairly strong bullish trend in the medium term. Crossing the price above EMA(50) and EMA(200) is often considered a buy signal.
📈 RSI (Relative Strength Index)
RSI(6): 73.90
Analysis: RSI above 70 indicates overbought conditions, meaning the price has risen quite sharply and a short-term correction may occur.
📉 MACD
DIF (MACD line): 1,264.64
DEA (Signal line): 924.81
MACD Histogram: 339.83 (positive)
Analysis: MACD shows bullish momentum as the MACD line is above the signal line and the histogram is positive. This supports the current uptrend.
📦 Volume
Volume is quite consistent, showing no signs of large distribution.
No major spikes, indicating no extreme selling pressure.
📌 Support and Resistance Levels
Nearest Resistance: ± $111,980 (local high)
Strong Support: $100,691 (EMA200 area), then $94,323 and $87,955
📗 Conclusion & Trading Suggestions
✅ Bullish Trend
The medium-term trend is still up (all EMAs support).
Positive MACD supports the rise.
⚠️ Potential Short Correction
Overbought RSI → there is a possibility of a short-term correction (pullback).
It is advisable to avoid entry too close to resistance $111,980.
📌 Suggested Strategy
If you already hold BTC: You can hold, but set a trailing stop to secure profits.
If you haven't entered yet: Wait for a correction to the support area around EMA13 or EMA50 ($108k–$106k) for a safer entry.
Stop Loss: Below EMA50 / $105,000
Take Profit: Around $111,980 or higher if it breaks through (continuation of the uptrend).
EMA(13): $103,692 – price is below the short-term EMA, weak signal
EMA(50): $104,985 – price is also below the medium-term EMA, bearish pressure
EMA(200): $103,145 – price is still slightly above the long-term EMA, potential support
📌 EMA Conclusion: Short-to-medium term sentiment tends to be bearish, but EMA200 can still be an important support.
2. RSI (Relative Strength Index)
RSI(6): 49.41 Neutral RSI, approaching 50 — this indicates the market is in a consolidation phase, neither overbought nor oversold.
3. MACD
DIF: -664.09
DEA: -482.15
MACD Histogram: negative
📌 MACD Conclusion: Negative histogram indicates bearish momentum is still dominant, although the MACD line seems to be narrowing, it could signal potential reversal if it continues.
4. Volume
Volume tends to be low and stable, without significant spikes. This indicates a lack of large buy/sell pressure in the near term. A volume breakout is needed to confirm the next direction.
5. Nearest Support and Resistance
Strong support: $103,145 (EMA200) and $100,305 (24-hour Low)
EMA(200): $105,022 → price still far below EMA200 (medium-term structure still weak)
📌 EMA Conclusion: Price is trying to rise, but has not been able to reclaim EMA200. Still vulnerable to correction if it cannot break through EMA50 and 200.
💹 RSI (Relative Strength Index)
RSI(6): 75.08 → Overbought!
This is a signal that the price has risen too high in a short time and may correct or go sideways.
📊 MACD
Positive MACD Histogram: Short-term bullish momentum starting to appear.
DIF: -248.17
DEA: -505.82 ➡️ DIF has risen close to DEA → potential golden cross in the near future.
📌 MACD Conclusion: Bullish momentum is starting to form, but not strong enough for a large breakout without additional volume.
🔥 Volume
Volume surged dramatically when the price hit $100,305 → many purchases at that level.
Currently, volume is starting to decline → the price is likely to stagnate for a while.
📈 Support & Resistance
Strong support: $100,305 (bottom 24 hours)
Important resistance: $104,850 (EMA200 + previous breakdown level)
Pressure zone: $103,688–$104,850 (EMA50 to EMA200)
🧭 Conclusion and Projection
Currently, BTC is in a pullback phase after touching support at $100,305.
However, the RSI is overbought and the price has not been able to break through EMA200, so the potential for short-term correction or sideways movement is quite large.
📌 Potential Scenarios
Continued bullish:
Break & close above $104,850 → next upward target $107,400 and $109,900
Bearish correction:
If it fails to break through EMA50 & RSI declines → possibility of dropping back to $102,000 and $100,300
💡 Potential Strategy
Scalper: Take short profits around $104k–$105k, as that area is a resistance zone.
Swing trader: Wait for a breakout at $105k to confirm upward direction, or a breakdown at $102k for a short position.
Enter when the price is still close to support (EMA 200) and MACD + RSI start to recover → this is a speculative position but the risk-reward is quite good.
📌 Entry: Around 104K–104.5K 🎯 TP: EMA(50) as the initial target (106.2K), can scale-out 🛑 Stop Loss: Below strong support 102K