📊 TECHNICAL ANALYSIS BTC/USDT (1H TIMEFRAME) 📊
🇪🇺 1. Summary & Evaluation of the European Session
▪️ Structure status: 📉 BTC price is currently in a short-term recovery phase after a sharp drop previously (down from the old peak around ~$79,890 to the most recent low at 74.967,97 USD).
▪️ Price action: 🐂 During the entire European session, the Buyers tried to push the price up and it is now trading around 76.618,57 USD (a slight increase of +1,21% over 24h).
▪️ Moving averages (MA):
✅ Price has successfully broken above the MA(7) line (around 76.534 USD) and the MA(25) line (around 76.201 USD), turning these two lines into an excellent short-term dynamic support cluster.
⚠️ However, the upward momentum is being capped just below the MA(99) line at 76.887,56 USD.
▪️ MACD indicator: 📈 The histogram is gradually turning green above the Zero line, and the DIF (129,96) and DEA (89,98) lines intersect while pointing upward, indicating that bullish buying power is currently dominating control.
🇺🇸 2. Forecast & Trading Direction for the US Session
(The US session often sees a surge in trading volume and it’s easy for strong liquidity-sweep phases to appear)
🟢 Scenario 1: Trend break (Bullish Breakout)
▪️ Condition: The Buyers maintain their pressure and trigger large volume to close the 1H candle decisively above the MA(99) line (around 76.887 USD).
▪️ Upside target: Price will quickly move toward the next resistance milestones at 77.970 USD, and further beyond to the 79.053 USD zone.
🔴 Scenario 2: Price rejection & correction (Bearish Rejection)
▪️ Condition: If buying pressure weakens at the MA(99), forming a cluster of long-wick reversal candles (Pin bar) when entering the early US session $BTC
#BTC☀️
🇪🇺 1. Summary & Evaluation of the European Session
▪️ Structure status: 📉 BTC price is currently in a short-term recovery phase after a sharp drop previously (down from the old peak around ~$79,890 to the most recent low at 74.967,97 USD).
▪️ Price action: 🐂 During the entire European session, the Buyers tried to push the price up and it is now trading around 76.618,57 USD (a slight increase of +1,21% over 24h).
▪️ Moving averages (MA):
✅ Price has successfully broken above the MA(7) line (around 76.534 USD) and the MA(25) line (around 76.201 USD), turning these two lines into an excellent short-term dynamic support cluster.
⚠️ However, the upward momentum is being capped just below the MA(99) line at 76.887,56 USD.
▪️ MACD indicator: 📈 The histogram is gradually turning green above the Zero line, and the DIF (129,96) and DEA (89,98) lines intersect while pointing upward, indicating that bullish buying power is currently dominating control.
🇺🇸 2. Forecast & Trading Direction for the US Session
(The US session often sees a surge in trading volume and it’s easy for strong liquidity-sweep phases to appear)
🟢 Scenario 1: Trend break (Bullish Breakout)
▪️ Condition: The Buyers maintain their pressure and trigger large volume to close the 1H candle decisively above the MA(99) line (around 76.887 USD).
▪️ Upside target: Price will quickly move toward the next resistance milestones at 77.970 USD, and further beyond to the 79.053 USD zone.
🔴 Scenario 2: Price rejection & correction (Bearish Rejection)
▪️ Condition: If buying pressure weakens at the MA(99), forming a cluster of long-wick reversal candles (Pin bar) when entering the early US session $BTC
#BTC☀️