According to technical analysis and research;
BTC's current price is $65,808. Here's a technical analysis-based prediction for the next 6 hours:
Technical Indicators:
1. RSI (14): 64.11 (Neutral)
2. MACD (12, 26): Bullish crossover
3. 50-day MA: $63,459 (Support)
4. 200-day MA: $54,133 (Long-term support)
Support and Resistance Levels:
1. Support: $65,000, $64,500
2. Resistance: $66,500, $67,300
Whale Activities:
Moderate buying activity from whales in the last 6 hours.
Prediction:
1. Short-term (6 hours): 60% chance of up, 40% chance of down
Best Trade Setup:
Long Trade Setup:
1. Entry: $65,500-$65,808
2. Stop-loss: $65,000
3. Take-profit: $66,500-$67,300
4. Risk-Reward Ratio: 1:2
Short Trade Setup:
1. Entry: $66,500-$67,000
2. Stop-loss: $67,300
3. Take-profit: $65,000-$64,500
4. Risk-Reward Ratio: 1:2
Additional Considerations:
1. Fibonacci levels: $66,211 (23.6%), $66,932 (38.2%)
2. Candlestick patterns: Bullish engulfing pattern forming
3. Market sentiment: Slightly Bullish
4. Check now....$BTC 👇
5. Follow for more technical Updates, Future & spot signals....
