BTC/USDT Trade Signal (4H Chart)
Signal
Position: Potential Short Signal
Entry Price: Below 66,917 (EMA 7)
Take Profit Target:
1st Target: 65,260 (24h Low / Support)
2nd Target: 62,294
Stop Loss: Above 67,272 (EMA 25)
Reason:
Price is currently struggling to break above resistance levels.
MACD is in the negative zone, and RSI is near neutral but leaning toward bearish momentum.
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Technical Indicators Summary
1. EMA (7, 25, 99):
EMA 7 = 66,917.60
EMA 25 = 67,272.03
EMA 99 = 65,956.84
The price is hovering close to EMA 7 and EMA 25. If it breaks below EMA 7, it could confirm a short signal.
2. RSI (6, 14):
RSI 6 = 55.02
RSI 14 = 47.64
RSI is near neutral, indicating no extreme overbought or oversold conditions yet. However, if RSI drops below 40, bearish momentum will strengthen.
3. MACD:
DIF = -252.55
DEA = -204.80
MACD = -47.75
The MACD is in the negative territory, signaling weak momentum. If the MACD crosses further down, the bearish trend may accelerate.
4. Volume:
Recent volume spikes suggest volatility but not a decisive trend breakout yet.
5. Key Levels:
Resistance: 69,519.52
Support: 65,260
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Conclusion
A short signal is forming if the price drops below 66,917 (EMA 7). If it breaches 67,272 (EMA 25) upward, the signal will become invalid, and you should exit. Keep an eye
