📊 BTCUSDT Technical Analysis – May 11, 2025
Hello traders! 👋
Here’s a fresh technical analysis on the BTC/USDT pair using the 1D timeframe. The chart highlights key supply and demand zones, harmonic structure, and two potential price scenarios for the coming weeks.
📌 Key Levels:
Support Zone: 86,191 – 88,909 USDT
Mid-Resistance: 91,978 USDT
Major Resistance Area: 105,371 – 108,458 USDT
🔍 Technical Overview:
After forming a strong bottom around 76,560, BTC reversed and surged upwards, filling the Fair Value Gap (FVG) created earlier.
Price is now testing a critical supply zone. A rejection from here may lead to a pullback, possibly toward the 86k–89k range.
If the support zone holds, it may act as a springboard for a new bullish wave targeting 105k and beyond.
🧭 Possible Scenarios:
Rejection at Resistance: Consolidation or pullback from the 105k–108k zone followed by downward movement.
Support Bounce: Rebound from 86k–89k support area leading to renewed bullish momentum.
Sideways Action: Short-term consolidation in the current price range before direction is confirmed.
💬 What’s your outlook for BTC at this stage? Are you expecting a breakout or a pullback? Share your thoughts in the comments!
🔔 Stay tuned for more updates and trade safely!
Hello traders! 👋
Here’s a fresh technical analysis on the BTC/USDT pair using the 1D timeframe. The chart highlights key supply and demand zones, harmonic structure, and two potential price scenarios for the coming weeks.
📌 Key Levels:
Support Zone: 86,191 – 88,909 USDT
Mid-Resistance: 91,978 USDT
Major Resistance Area: 105,371 – 108,458 USDT
🔍 Technical Overview:
After forming a strong bottom around 76,560, BTC reversed and surged upwards, filling the Fair Value Gap (FVG) created earlier.
Price is now testing a critical supply zone. A rejection from here may lead to a pullback, possibly toward the 86k–89k range.
If the support zone holds, it may act as a springboard for a new bullish wave targeting 105k and beyond.
🧭 Possible Scenarios:
Rejection at Resistance: Consolidation or pullback from the 105k–108k zone followed by downward movement.
Support Bounce: Rebound from 86k–89k support area leading to renewed bullish momentum.
Sideways Action: Short-term consolidation in the current price range before direction is confirmed.
💬 What’s your outlook for BTC at this stage? Are you expecting a breakout or a pullback? Share your thoughts in the comments!
🔔 Stay tuned for more updates and trade safely!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.