📉 Technical Analysis – BTC/USDT (1 hour)
Current price: 85,933.67 USDT
Variation: -3.12%
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🔍 1. Moving Averages (MA):
• MA(7): 86.502
• MA(25): 88.498
• MA(99): 90.104
➡️ Interpretation:
The price is below the main moving averages, confirming a short-term downtrend. The MA(7) has already turned downwards, and the price has distanced itself from the MA(25), reinforcing the selling pressure.
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📊 2. RSI (Relative Strength Index):
• RSI(6): 16.80
• RSI(12): 20.65
• RSI(24): 26.02
➡️ Interpretation:
All RSIs are at intense oversold levels, especially RSI(6), indicating strong selling pressure, but also opening up space for a possible technical correction if buyers emerge.
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🔊 3. Volume:
• Volume increased significantly in the last few hours, particularly with red candles.
➡️ Interpretation: Strong selling accompanied by high volume is a sign of panic or liquidations. The last candle had a reduction in volume, suggesting possible selling fatigue.
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🧱 4. Supports and Resistances:
• Immediate support: 85.146 (recent low)
• Immediate resistance: 86.502 (MA7)
• Critical zone: 88.500 – 88.900 (MA25)
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⚠️ Technical Conclusion:
🔻 Trend: Clear decline in the short term
BTC is under pressure after losing important supports and testing the low of 85.146. Selling pressure is strong, but the very low RSIs suggest a possible bounce or consolidation.
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✅ Possible scenarios:
• Reversal/Bounce: If it respects 85k and breaks 86.500, it may target the range of 88k–89k (resistance).
• Continuation of the decline: If it loses 85.146 with volume, the next relevant support may be around 83.500–84.000.
