BTCUSD 4h short-term📊 Trend and structure
• You can see the price output from the downward channel (orange trend lines). This is a signal of a potential change of trend.
• The price currently oscillates around USD 112,200, i.e. above several key supports (109,000 - 111,000).
• The nearest strong resistance is around 113,450 - 114,955 USD (marked with green lines and average SMA).
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📈 indicators
• MacD: MacD (blue) line pierces above the signal (orange) and the histogram grows in the plus → it is a growth signal.
• RSI: ~ 60, i.e. it grows, but is not yet entering the purchase zone (> 70). There is still room for increases.
• SMA:
• Price has pierced short -term medium (red and green lines, ~ 109–112k), which works as support.
• The next key test is SMA around $ 114,955 - a puncture could open the road to 116–118k.
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🔑 key levels
• Support:
• 111.014
• 109.023
• 107.580
• resistance:
• 113,450
• 114,955
• 116,000+
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📝 Summary
• short -term (4h) - signals are upward: breaking from the downward channel, positive MacD, RSI is growing healthy.
• Bull scenario: Breaking above 114,955 opens the way to 116–118k.
• Bear scenario: unsuccessful puncture 113,450/115K → possible retest support at 111K and 109k.
