Bitcoin go to the moon!! BTC/USDT Technical Analysis (4H Timeframe)
1. Overall Trend
The chart shows BTC trading within a wide range between a Supply Zone at the top (~111,500 – 112,500 USDT) and a Demand Zone at the bottom (~100,500 – 102,500 USDT).
The current price is around 107,050 USDT, recently breaking out of a downtrend line and now retesting the upper Demand H4 area.
2. Key Zones
Supply Zone (Sell Area): 111,500 – 112,500 USDT
Strong resistance zone where price was sharply rejected previously.
Resistance H4: ~108,800 – 109,200 USDT
First resistance level if the bullish move continues.
Demand H4 (Short-term Buy Zone): 105,000 – 106,000 USDT
Price is currently retesting this zone after breaking out.
Demand H4 (Stronger Buy Zone): 100,500 – 102,500 USDT
A deeper support zone in case the current demand fails.
3. Trading Scenarios
BUY Scenarios
Buy #1 (Short-Term Entry):
Entry: Around 105,000 – 106,000 USDT
Stop Loss: Below 104,000 USDT
Take Profits:
TP1: Resistance H4 ~109,000 USDT
TP2: Supply Zone ~111,500 – 112,500 USDT
Buy #2 (Safer Entry):
If price breaks below the current Demand H4 and drops to the lower zone (100,500 – 102,500 USDT), consider entering there.
Targeting a bounce back to the resistance or higher zones.
SELL Scenario
Sell Limit Setup:
Entry: At Supply Zone 111,500 – 112,500 USDT
Stop Loss: Above 113,000 USDT
Take Profits:
TP1: ~109,000 USDT
TP2: ~106,000 USDT
TP3 (extended): ~102,000 USDT
4. Conclusion
Since the price is currently testing a breakout + demand confluence area → BUY setups are preferred if bullish confirmation occurs at the 105–106K zone.
If the zone fails, wait for a deeper pullback to the 100.5–102.5K demand zone.
The upper supply zone remains a high-probability SELL area if price rallies that far.
