BTCUSD – Bulls Strong but Overbought! | 4H Analysis

📊 Chart Overview

Bitcoin (BTCUSD) has rallied sharply from $110K to $124K, gaining strong bullish momentum. Price is now trading well above the 20/50/100/200 SMAs, confirming the uptrend. However, RSI is entering the overbought zone, suggesting a possible short-term pullback before continuation.

🔹 Technicals

Trend: Strong Bullish (above all major SMAs)

Resistance: $124,500 – $126,000

Support: $122,500 (20 SMA), $120,000, $118,000

RSI: Near 70–75 → Overbought, slight bearish divergence

✅ Bullish Case:
If price sustains above $122,500 and breaks $126,000, we may see an extension toward $128,000 – $130,000.

⚠️ Bearish Case (Pullback):
Failure to break $126,000 could trigger a correction toward $120,000 – $118,000 before another leg higher.

📌 Trading Plan

Long Entry (dip-buy): $122,500 – $120,000

Target: $126,000 → $128,000 → $130,000

Stop Loss: Below $118,000

🔑 Summary

Bitcoin remains in a strong bullish trend, but the market is short-term overheated. Best opportunities are on dips or a confirmed breakout above $126K.

EUR/USD signal

SELL below 1.1710
🎯 Targets → 1.1680 / 1.1650
🛑 Stop-loss → 1.1750

BUY only if price breaks above 1.1750 with volume
🎯 Targets → 1.1780 / 1.1820
🛑 Stop-loss → 1.1710

XAUUSD

Sell entry: 4,030 – 4,040

Targets: 4,000 → 3,985

Stop-loss: 4,065

Contact @FxCare

Congratulations to everyone who followed our trade. It was a great move.

Take hold or take exit with a big profit.

Target done✅

BTCUSD: SELL

Entry: 120,850 – 120,900

Target 1: 120,500

Target 2: 120,200

Stop Loss: 121,250

Gold sell now 3991 - 3993

SL: 3996

TP: 3989
TP: 3987
TP: 3985

SL hit

Cancle this trade. Exited the zone.

BTCUSD

BUY : 121612
TP: 121293
SL: 121797

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