$BTC Based on the chart provided, I see that the BTC/USDT price is experiencing a short-term decline. The main indicators on the chart that can be used for analysis are: 1. Moving Averages (MA): • The price is trading below MA(25) and MA(99), which indicates a downtrend. • MA(7) shows a possible recovery attempt, but the trend remains weak. 2. MACD: The histogram shows negative values, but a decrease in their value may indicate a slowdown in the downtrend. 3. RSI: RSI(6), RSI(12), and RSI(24) are in the range of 44-47, which indicates that there is no overbought or oversold conditions. This is a neutral signal, but if the RSI continues to rise, an upward reversal is possible. 4. Volumes: An increase in volumes on the last green candles may indicate buyers' interest.
Forecast:
• In the short term, the price may test the resistance level around 96,961.8 (MA(25)). • If buyers' volumes increase, a breakout of this level and a move to 98,994.6 (MA(99)) is possible. • In case of a fall below the support level at 94,039.7, a further correction is possible.
To confirm the forecast, it is important to monitor the dynamics of volumes and MACD.
$BTC Based on the provided chart with indicators, the following points can be highlighted for the BTCUSDT price movement forecast: 1. MACD: • The indicator shows negative values, indicating a bearish sentiment. The histogram is decreasing, indicating growing weakness. 2. RSI (6, 12, 24): • RSI values are below 50 and are in the oversold zone, especially RSI (6) — 24.1. This signals a possible upward bounce if bearish pressure weakens. 3. Stochastic RSI: • The indicator is in the lower zone, which also confirms oversold conditions and the likelihood of a local increase. 4. MA (5 and 10): • The moving averages are pointing downward, and the price is below both lines. This confirms the downward trend.
Forecast: • In the short term, an attempt for a local upward bounce from the oversold zone can be expected. • However, the overall trend remains downward. If the price consolidates below the current support level (94,039.7), a continuation of the decline is possible.
Recommendation: • Monitor resistance levels (96,079.5) and support (94,039.7). • To confirm a reversal, wait for a crossing of the MAs or a reversal of the indicators.
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