$BTC 4H

Almost the entire month of December was spent in a fairly wide sideways pattern while waiting for a decision on stop BTC-ETFs. I don’t think that anything will change before January 10, but I still give priority to finding a short position.

The MACD indicator is trying to return to a bullish trajectory, and in the next few candles it may give a long signal. This is why shorting current ones is quite dangerous. The price is trying to break through EMA-50 4h and if it still manages to gain a foothold higher, then I expect first a retest of the upper border of the December sideways trend, near which we can try to catch shorts.

There are fewer and fewer buyers on the market, so it is becoming more difficult to contain large sales. Limit buyers provide good support, but market buyers do not support their mood as much.

Locally, at the retest of EMA-100 4h (42663) from above, you can open a long position with a short stop and a target of 43700+. More generally, after reaching the upper border of the sideways trend, you should look for shorts.

There are even more forecasts on my other platforms, look for them in the profile header!