๐ $BTC is battling for $77,000 on the 4-hour chart. Where are the key levels?
๐ Context: fear at 26/100, open interest flat (โ0.4%) and funding at 0.01% (neutral).
๐ Levels (4h):
โข Price: $77,020
โข Below EMA 20 ($77,623), EMA 50 ($78,535) and EMA 200 ($81,054) โ strong downtrend.
โข RSI: 45 (recovering, neutral zone)
โข Support: 20-candle low at $76,352 (on the daily chart, $76,270)
โข Resistance: 20-candle high at $78,854
โข ATR: $739 (~1% per candle)
๐ข Bullish scenario: reclaim the EMA 20 ($77,600), then challenge $78,500โ$78,850.
๐ด Bearish scenario: losing $76,270 opens the door to the daily EMA 200 ($74,475), the major long-term benchmark.
๐ What to watch: open interest. If it starts rising again while price falls, a sharp move could trigger cascading liquidations.
Where do you see BTC tomorrow: above $78,000 or below $76,000? ๐
#BTC #Bitcoin #AnalisisTecnico #Cripto #Tra100d
โ ๏ธ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
๐ Context: fear at 26/100, open interest flat (โ0.4%) and funding at 0.01% (neutral).
๐ Levels (4h):
โข Price: $77,020
โข Below EMA 20 ($77,623), EMA 50 ($78,535) and EMA 200 ($81,054) โ strong downtrend.
โข RSI: 45 (recovering, neutral zone)
โข Support: 20-candle low at $76,352 (on the daily chart, $76,270)
โข Resistance: 20-candle high at $78,854
โข ATR: $739 (~1% per candle)
๐ข Bullish scenario: reclaim the EMA 20 ($77,600), then challenge $78,500โ$78,850.
๐ด Bearish scenario: losing $76,270 opens the door to the daily EMA 200 ($74,475), the major long-term benchmark.
๐ What to watch: open interest. If it starts rising again while price falls, a sharp move could trigger cascading liquidations.
Where do you see BTC tomorrow: above $78,000 or below $76,000? ๐
#BTC #Bitcoin #AnalisisTecnico #Cripto #Tra100d
โ ๏ธ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
