BTC/USDT Technical Analysis, 2025-05-27 20:15 UTC
24h Change: +0.40% | Key Trend: Neutral to Weak Downtrend
MACD: Bearish crossover but histogram shows minor bullish divergence (recent upticks).
Trend Strength Index: Fluctuating between weak downtrend and recovery attempts.
Momentum:
RSI: 38.9 (approaching oversold, but no strong reversal signal).
Volume: Declining vs. 20-period avg (~0.2x), suggesting low conviction in moves.
Volatility:
ATR: 134.36 moderate volatility; range-bound action likely.
Price Action:
Candlestick Patterns: Recent Inside Bar and Bearish Engulfing, indicating indecision.
Support/Resistance:
Support: $109,500–109,600 (Bollinger Lower Band).
Resistance: $110,200–110,400 (previous highs, 20-period SMA).
Order Book:
Thin liquidity near current price (bid/ask spread: 0.01 USDT).
Large sell orders stacked at $109,881.76+, suggesting overhead supply.
Short-term (1–4h): Neutral/Slightly Bearish
Price may retest $109,500 support. A break below could target $109,000.
Reversal potential if RSI dips below 30 (oversold) and volume picks up.
Scalpers: Watch for rejection at $110,000 or bounce off $109,500.
Swing Traders: Wait for confirmation (close above $110,200 or below $109,300).
Risk Note: Low volume + Doji/Inside Bars = False breakout risk.
24h Change: +0.40% | Key Trend: Neutral to Weak Downtrend
MACD: Bearish crossover but histogram shows minor bullish divergence (recent upticks).
Trend Strength Index: Fluctuating between weak downtrend and recovery attempts.
Momentum:
RSI: 38.9 (approaching oversold, but no strong reversal signal).
Volume: Declining vs. 20-period avg (~0.2x), suggesting low conviction in moves.
Volatility:
ATR: 134.36 moderate volatility; range-bound action likely.
Price Action:
Candlestick Patterns: Recent Inside Bar and Bearish Engulfing, indicating indecision.
Support/Resistance:
Support: $109,500–109,600 (Bollinger Lower Band).
Resistance: $110,200–110,400 (previous highs, 20-period SMA).
Order Book:
Thin liquidity near current price (bid/ask spread: 0.01 USDT).
Large sell orders stacked at $109,881.76+, suggesting overhead supply.
Short-term (1–4h): Neutral/Slightly Bearish
Price may retest $109,500 support. A break below could target $109,000.
Reversal potential if RSI dips below 30 (oversold) and volume picks up.
Scalpers: Watch for rejection at $110,000 or bounce off $109,500.
Swing Traders: Wait for confirmation (close above $110,200 or below $109,300).
Risk Note: Low volume + Doji/Inside Bars = False breakout risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.