BTC/USDT · 4h · Binance
Price: 86,388.97
Market read
The 4h structure is bullish, forming higher highs and higher lows. RSI at 81.7 is in overbought territory, so momentum is stretched to the upside. Price is sitting between the nearest levels, so there's no real edge in the middle right now.
Key levels
Resistance
87,337.10 liquidity
Support
85,815.64 fair value gap
85,176.68 fair value gap
83,690.20 fair value gap
83,035.98 liquidity
🟢 Long idea
A long sets up if price pulls back into 85,729.82 to 86,073.09 (fair value gap) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing...
$BTC $MACD #CryptoTrading #CryptoNews #Web3 #Altcoins
Read the chain, not the hype. CryptoYaan.com
Educational, not financial advice.
Price: 86,388.97
Market read
The 4h structure is bullish, forming higher highs and higher lows. RSI at 81.7 is in overbought territory, so momentum is stretched to the upside. Price is sitting between the nearest levels, so there's no real edge in the middle right now.
Key levels
Resistance
87,337.10 liquidity
Support
85,815.64 fair value gap
85,176.68 fair value gap
83,690.20 fair value gap
83,035.98 liquidity
🟢 Long idea
A long sets up if price pulls back into 85,729.82 to 86,073.09 (fair value gap) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing...
$BTC $MACD #CryptoTrading #CryptoNews #Web3 #Altcoins
Read the chain, not the hype. CryptoYaan.com
Educational, not financial advice.
