$BTC $AEVO $NOT

This chart shows the price movement of BTC/USDT on a 4-hour time frame, which allows you to analyze short-term trends and price fluctuations.

Main elements of the schedule:

  1. Moving averages (MA):

    • MA (7): 56516.23

    • MA (25): 56808.88

    • MA (99): 60593.78

  2. Indicator Parabolic SAR (0.02, 0.02):

    • Meaning: 54260.16

  3. Ichimoku indicator (9, 26, 52, 26):

    • Tenkan-sen: 56354.81

    • Kijun-sen: 56317.97

    • Senkou Span A: 57307.26

    • Senkou Span B: 58673.85

    • Chikou Span: 54260.16

  4. Trend lines:

    • Downward trend lines are highlighted on the chart, indicating the current downward channel.

Technical analysis:

  1. Downward channel:

    • The BTC/USDT price is within the descending channel indicated by two parallel lines. Current resistance and support levels form this channel.

  2. Moving average indicators:

    • The price is below all three moving averages (MA 7, 25, 99), which indicates a bearish trend in the short and medium term.

  3. Ichimoku indicator:

    • The Ichimoku Cloud (Senkou Span A and B) shows resistance above the current price.

    • Chikou Span is below the price, which confirms the current bearish trend.

  4. Parabolic SAR:

    • The Parabolic SAR value is also above the current price, which is a bearish signal.

Emotional perception:

🌟 At the moment, Bitcoin is under selling pressure, which is confirmed by the presence of bearish signals on all major indicators. Traders are advised to exercise caution and consider short-term shorts within the descending channel.

🔄 In case of a breakout upwards and the price consolidating above the resistance level around 60593.78 (MA 99), this may signal a possible reversal and the beginning of a new bullish trend.

⚠️ It is also important to monitor trading volume and news background, as they can have a significant impact on short-term price movement.

📈 Traders and investors are advised to use a combined approach to market analysis, including technical indicators and fundamental factors.

Conclusion:

Analyzing the current situation on the 4-hour BTC/USDT chart, we can conclude that there is a dominant bearish trend. However, it is important to monitor key levels and reversal signals in order to respond to market changes in a timely manner. 🐻📉

If you have additional questions or need help analyzing other cryptocurrencies, please let me know!

#cryptousdua