BTC/USDT 4H Chart Review

153
📊 Current Situation
Price: ~71k
Market in a range (consolidation) between:
🔴 65.3k – 68.2k (strong support)
⚫ 71.8k (local resistance)
🟢 74k+ (higher resistance/breakout level)

👉 Structure: higher lows (local uptrend), but… no breakout

📈 What I see technically
1. Trend
You have an uptrend after the low (~65k) – the trend line (orange) is holding
BUT: price is starting to make lower highs at 74k → weakening momentum
2. Key Levels
🔼 Resistance:
71.8k – currently struggling
74k – very important (rejection already)
76k – 77.6k – breakout zone (if it goes stronger)
🔽 Support:
70.3k – first support (already tested)
68.2k – key
65.3k – last line of defense of the trend
3. Indicators
🔵 Stoch RSI:
in the oversold zone (low)
👉 possible short upward bounce
🔵 MACD:
bearish crossover + red histogram
👉 downward momentum is increasing
⚖️ Scenarios
🟢 LONG SCENARIO (riskier now)

Condition:
holding 70k – 70.3k
Targets:
71.8k
74k
👉 this is more of a short-term bounce, not a full trend

🔴 SHORT SCENARIO (stronger now)

Condition:
breakout of 70k down
Targets:
68.2k
65.3k

👉 MACD + structure suggest a greater chance of this Scenario

🚀 BULLISH SCENARIO (only after a breakout)

Condition:
Breakout and maintenance above 74k
Target:
76k+
77.6k

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