RRSCrypto
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Sure! Let's analyze the 4-hour chart of the BTC/USDC pair:
1. Current Trend (Exponential Moving Averages - EMAs):
EMA(8): 103.663
EMA(20): 103.266
EMA(50): 101.373
EMA(200): 94.583
Analysis:
The current price (104.102) is above all EMAs, confirming an uptrend in the short and medium term.
The arrangement of the EMAs (shorter ones above the longer ones) reinforces this positive trend.
EMA(50) has been serving as dynamic support.
2. Candlesticks and Resistance:
The previous high at 105.803 acts as immediate resistance.
The recent low at 101.589 serves as relevant short-term support.
The recent recovery after touching the support suggests buying strength.
3. Stochastic RSI Indicator:
STOCHRSI: 60.69, MASTOCHRSI: 52.88
Analysis:
The Stoch RSI is rising and has not yet entered the overbought zone (>80).
It signals a continuation of the upward movement, with room for further appreciation before a correction.
4. Volume:
Recent increase in volume (last green bars).
The crossing of the short volume average over the long average suggests renewed buying interest.
5. OBV (On Balance Volume):
OBV is in an uptrend, confirming the strength of the buying movement.
The recent slight drop does not compromise the overall pattern yet.
Technical Analysis Summary (4h):
Trend: Clear and sustained uptrend.
Resistance: 105.800 (if broken, may target 108.000 and 110.000).
Support: 101.500 and then 100.400 (EMA50).
Indicators: Stochastic RSI still has room to rise. OBV confirms buying pressure.
Strategy:
For those holding positions: Can maintain position with a stop below 101.500.
For those outside: Can wait for a pullback between 102.000–103.000 to enter.
1. Current Trend (Exponential Moving Averages - EMAs):
EMA(8): 103.663
EMA(20): 103.266
EMA(50): 101.373
EMA(200): 94.583
Analysis:
The current price (104.102) is above all EMAs, confirming an uptrend in the short and medium term.
The arrangement of the EMAs (shorter ones above the longer ones) reinforces this positive trend.
EMA(50) has been serving as dynamic support.
2. Candlesticks and Resistance:
The previous high at 105.803 acts as immediate resistance.
The recent low at 101.589 serves as relevant short-term support.
The recent recovery after touching the support suggests buying strength.
3. Stochastic RSI Indicator:
STOCHRSI: 60.69, MASTOCHRSI: 52.88
Analysis:
The Stoch RSI is rising and has not yet entered the overbought zone (>80).
It signals a continuation of the upward movement, with room for further appreciation before a correction.
4. Volume:
Recent increase in volume (last green bars).
The crossing of the short volume average over the long average suggests renewed buying interest.
5. OBV (On Balance Volume):
OBV is in an uptrend, confirming the strength of the buying movement.
The recent slight drop does not compromise the overall pattern yet.
Technical Analysis Summary (4h):
Trend: Clear and sustained uptrend.
Resistance: 105.800 (if broken, may target 108.000 and 110.000).
Support: 101.500 and then 100.400 (EMA50).
Indicators: Stochastic RSI still has room to rise. OBV confirms buying pressure.
Strategy:
For those holding positions: Can maintain position with a stop below 101.500.
For those outside: Can wait for a pullback between 102.000–103.000 to enter.
See original
This is the best semester to be exposed to Crypto, especially #BTC . Avoid leveraging too much, don't be greedy, you will be liquidated, avoid tokens that have already delivered a vertical rise because the fall will also be and you will not be able to get out.
Focusing on consolidated tokens reduces the return but reduces the risks much more.
Prefer consistency.
80% in BTC is practically a rule for you to expose yourself safely and have returns above the average of any other financial sector.
🏃Bitcoin is better than gold 🥇
#ConsistentGrowth
Focusing on consolidated tokens reduces the return but reduces the risks much more.
Prefer consistency.
80% in BTC is practically a rule for you to expose yourself safely and have returns above the average of any other financial sector.
🏃Bitcoin is better than gold 🥇
#ConsistentGrowth
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