BTC 4-hour K-line technical analysis: Looking for trading opportunities amid price fluctuations

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【Crypto World】BTC has shown interesting volatility characteristics in the recent 4-hour trend. From the time series perspective, the price slightly increased compared to 4:00 AM on the 28th but retreated slightly compared to midnight today; however, it has already recovered the lost ground compared to the same period on the 27th. In terms of candlestick patterns, a small bearish candle is followed by a bullish one, with the closing price above the opening price, indicating that the bulls are competing for dominance.

Trading volume has changed noticeably. Recent trading volume has increased compared to a few hours ago, with volume gradually being released. The pattern of simultaneous price and volume increase suggests heightened trading activity and relatively strong upward momentum.

Technical indicators require careful interpretation. Regarding MACD, although the histogram remains in the negative zone, the decreasing length of the bars indicates weakening bearish momentum, with the bulls gaining strength. The KDJ indicator has not yet shown clear buy or sell signals, currently oscillating around the 45 level, which is a neutral to weak state. From the volume-price relationship, there is a certain degree of divergence that warrants caution.

Based on these technical features, the market’s reference trading points are as follows:

  • Long opportunities: First buy-in at 86911.53, second buy-in at 86893.0, with stop-loss set at 86476.97
  • Short opportunities: First sell at 88844.87, second sell at 88691.0, with stop-loss set at 89289.09
  • Key levels: Recent support at 86893.0, resistance at 88691.0, highest touch at 88844.87, lowest back to 86911.53

Overall, BTC is in a consolidation phase within this 4-hour cycle, with volume gradually being released but indicator signals not yet clear. Traders may consider setting long positions near support levels but must strictly implement risk management.

BTC0.17%
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SighingCashiervip
· 8m ago
The release of trading volume is a good sign; the only concern is false breakouts. Whether this wave can hold steady depends on the subsequent performance.
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MagicBeanvip
· 5h ago
The thing about divergence between price and volume is the most tricky. It looks like a strong bullish trend, but actually it's faltering. Be careful not to get caught in a trap.
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SleepyValidatorvip
· 5h ago
The thing I find most annoying about divergence between price and volume is that even when volume increases, it still results in consolidation. When the MACD histogram shortens, I am optimistic about the subsequent movement.
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just_here_for_vibesvip
· 5h ago
Volume release + bullish competition, this wave is indeed interesting, but KDJ is still sleeping.
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GasFeeCriervip
· 5h ago
This wave of volume release is quite something, but the KDJ is still sleeping. Don't rush to get on board.
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AlwaysAnonvip
· 5h ago
Volume is being released but indicators are diverging; this rebound feels a bit fake.
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0xLostKeyvip
· 5h ago
The divergence between price and volume is the most annoying thing, easy to get trapped... However, the MACD histogram getting shorter is indeed interesting. Are the bears about to lose their grip?
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StealthDeployervip
· 5h ago
Be cautious of the divergence between volume and price; don't be fooled by superficial bullish forces. It still doesn't feel like the right time to buy in; wait until the MACD truly turns positive. This wave of fluctuation is just accumulation; smart investors are quietly building positions. KDJ stuck at 45 is indeed awkward, caught in a dilemma of advancing or retreating. If it can't break the previous high, it's a false breakout; expect a decline and continue to look for bearish signals.
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