BTC Technical analysis 4H time frame📊 BTCUSDT 4H Analysis
Trend Analysis
BTC is still in a medium-term downtrend because price remains under the 4H EMA ribbon, especially the heavy red EMAs (bearish control).
But short-term trend has flipped bullish, as BTC is reclaiming the lower EMAs and pushing into the resistance cluster at $92,000 – $94,000.
Key Support & Resistance Levels
Resistance
4H R1: $92,200
4H R2: $93,000
4H R3 / Major Resistance Zone: $93,500 – $94,000 ← very strong supply
Support:
Major Support: $89,800 – $90,300
Critical Support: $86,000 – $87,000
Local ascending trendline support also aligns with the critical zone — strong confluence.
Candlestick Interpretation
Current candlestick structure shows a series of strong green-bodied candles approaching resistance. No reversal pattern yet.
BTC is attempting a controlled bullish continuation sequence, but confirmation requires a close above $92,300 to validate a trend reversal attempt.
Indicators & Oscillators
MACD crossed bullish
Histogram is increasing
Momentum is rising but still below the zero line → trend reversal not confirmed yet
EMA Ribbon- BTC is fighting the mid-band. A breakout above $93k would flip the ribbon bullish on 4H
Indicators show early bullish strength, not yet full trend reversal.
Volume Analysis
Volume increased on the bounce from $89k, but buying volume approaching resistance is not strong enough yet. For a breakout above $94k, we need volume expansion + long candle body closure
Wave Analysis (Simplified Elliott Structure)
Current move looks like a Wave B upward correction unless $94k breaks. A break above $94k activates Wave 3, targeting $98.2k–$100k. Failure below $92.3k leads into Wave C downward to $88.5k then $86k
Intraday Trading (4H)
Long after confirmed 4H close above $92,300
SL: $91,200
TP1: $93,000
TP2: $93,500–$94,000
OR
Short rejection at $93,500–$94,000
SL: $94,450
TP: $92,200 then $91,500
Swing Trading (Multi-day)
Swing long only after daily close above $94k
SL: $91,800
TP1: $97,500
TP2: $100,000
Swing short if price loses $89,800
SL: $91,300
TP: $87,000 → $85,500
***NOT Fianacial advice, just a technical ananlysis***
