$BTC
Deep technical analysis of the BTC/USDT 4H chart, along with signal-based entry points ššš:
š 1. Price Overview
ā¢Current Price: $105,272.72
ā¢24H High: $106,853.27
ā¢24H Low: $104,184.72
ā¢Recent Peak: $108,738.66
ā¢Trend: Uptrend with consolidation at the top.
š§ 2. Technical Indicators Breakdown
š Bollinger Bands (BOLL)
ā¢Upper Band: $106,581.55
ā¢Middle Band (MA): $104,350.38
ā¢Lower Band: $102,119.21
ā¢Analysis:
ā¢Price is hovering near the upper band, indicating a potential overbought condition š.
ā¢Narrowing bands recently suggest possible upcoming consolidation or a breakout.
š MACD (Moving Average Convergence Divergence)
ā¢DIF: 496.96
ā¢DEA: 424.26
ā¢MACD Histogram: 72.70 (positive)
ā¢Analysis:
ā¢MACD Line > Signal Line ā = Bullish momentum ā
ā¢Histogram shrinking slightly = Momentum weakening, possible pullback soon ā ļø
š¹ KDJ (Stochastic Oscillator)
ā¢K: 64.98
ā¢D: 62.04
ā¢J: 70.86
ā¢Analysis:
ā¢In neutral-bullish zone (50-80)
ā¢K > D and J > K = short-term bullish ā
ā¢However, getting close to overbought > 80 ā ļø
š¦ Volume
ā¢Steady increase during uptrend.
ā¢Recently: Lower volume on pullbacks, meaning sellers are weaker, which is a bullish continuation sign š¢
š Entry Signals (Strategy Based)
š¢ Entry 1: Pullback Buy near Middle Bollinger Band
ā¢Price Zone: $104,350 - $104,500
ā¢Reason: Strong dynamic support, low-risk reentry š
ā¢Confirmation: Wait for a bullish engulfing candle or MACD crossover again.
š¢ Entry 2: Breakout Trade above $108,800
ā¢Reason: Clear breakout of recent high ā price discovery š
ā¢Stop-Loss: $106,500
ā¢Take-Profit: Trail upwards
š“ Entry 3: Bearish Reversal (Only if)
ā¢If MACD turns red and KDJ crosses down with high volume sell, possible retracement.
ā¢Short Entry Zone: Below $104,000
ā¢Stop-Loss: $105,500
ā¢TP: $101,500
