BTC/USDT: A Potential Bullish Reversal From Key Demand Zonehello guys!
let's analysis btc
Resistance:
$98,450 (immediate resistance, recent structure level).
$102,800 - $104,000 (strong supply zone and Fibonacci confluence).
Support:
$95,000 (demand zone).
$92,000 (last significant swing low).
Bullish Scenario:
If BTC can hold and reverse from the $94,000 - $95,000 demand zone, a bullish move could potentially retest the $98,450 resistance. A break above this level would pave the way for a rally towards the $102,800 supply zone, with an ultimate target near $104,000.
Bearish Scenario:
Failure to maintain support within the demand zone could lead to a deeper pullback towards $92,000, which is the next major area of interest for buyers. A break below this level might invalidate the bullish outlook and signal further downside.
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Conclusion:
BTC is in a pivotal phase, and the $94,000 - $95,000 zone will be critical for the next move. Watch for bullish price action signals (such as engulfing candles or bullish divergences) in this area before considering any long positions. A bounce from this level could lead to a new attempt to break the $100,000 psychological barrier. Conversely, a failure to hold support might indicate further weakness.
Btcusdshort
BTCUSD what are the next candle prints? I am looking shortHey everyone this is your boy Hunbal! I am looking for a good sell trade ready for asian session BTCUSD is ready for a drop I have 2 confirmation one the rejection from the resistance level and second choc in m30 time frame so we are hoping a good sell from here (98,351) our take profit will be 100 pips 97,351 and our stop loss will be 70 pips 99,000. I wish we all together print some money.
Good Luck :)
#BTCUSD 4HBTCUSD (4H Timeframe) Analysis
Market Structure:
Resistance Zone: The price is currently testing a key resistance area, showing signs of selling pressure.
Bearish Engulfing Area: A bearish engulfing candlestick pattern has formed near the resistance level, indicating potential downside movement.
Forecast:
Sell Opportunity: The presence of a bearish engulfing pattern at resistance suggests a possible rejection, signaling a short-term sell setup.
Key Levels to Watch:
Entry Zone: Near the resistance area after bearish confirmation.
Risk Management:
Stop Loss: Above the resistance zone or the high of the bearish engulfing candle to limit risk.
Take Profit Zones: Target the nearest support levels or Fibonacci retracement areas for downside targets.
Market Sentiment:
Bearish Bias: Selling pressure at resistance highlights a potential reversal, favoring short positions as long as the price stays below the resistance zone.
Btc/Usd bearish continuation If you've been following my BTC/USD analysis since last December, you know we've been riding a bearish wave. With a -15.06% move (that's a whopping 1.6 million pips, according to TradingView!)😋👊🏽, it's been a wild ride. 📉
Now, BTC is eyeing the 99.6k level, where we're looking at:
✔Rising Wedge
✔Support turn resistance
✔A triple high in the making
✔That down trend still going strong
Keep in mind, this is all based on technical factors.
BTCUSDT, Still in Down trend until Day Close above 99540BTCUSTD, market structure update:
It is in Down trend and ranging market until Day Close above 99540 as shown.
Trade Idea:
For Long entry:
1. Waiting for a retest on H4 timeframe (a higher Low formed) within 3 days OR
2. Breakout D1 chart Key Resistance level.
BTCUSD ShortOn the higher timeframe we've broken a down trendline and price has stalled out, not completing the Fibonacci sequence. We had a shallow retracement.
I see the potential for retracement to $77K to $79K with the potential for deeper retracement to $68K should we break the key level of support to the downside.
BITCOIN BEARISH FLAG BREAKOUT Bitcoin on H1 timeframe shows a strong potential signal sell due to formation of bearish flag breakout,This potentially attracts more sellers in the next trading days
Entry:94000.3
Target 1: 90784.1
Target 2: 86564.6
Target 3: 79813.2
Please like and comment on this idea to enable us share more quality analysis with you
Thanks, Wireforex
Bitcoin Analysis (1 hour time frame)According to my personal analysis I observes a clever bearish trend here.
Read for more details
Note: This post is for educational purpose only. I am not a certified trader or a financial advisor
1. Key Observations on the Chart
Resistance Zone:
The price is near $95,300, which is a resistance level (red zone). The chart shows that the price is struggling to go above this level. This often indicates that sellers are stronger than buyers at this point.
Support Zones:
Below the current price, there are green zones that represent support levels. These are areas where the price may stop falling if it moves downward because buyers may step in.
Indicators:
The Exponential Moving Averages (EMA) (blue and yellow lines) are currently below the price, showing that the market is still bullish for now.
The CCI (Commodity Channel Index) at the bottom of the chart is coming down from a high level, which could mean that the buying pressure is reducing.
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2. What Does This Mean?
If the price fails to break above $95,300 (the red zone), it is likely to go down toward the green zones (support levels).
The red arrows drawn on the chart suggest the expectation of a bearish movement (price falling) toward the lower green zones if resistance holds.
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3. Possible Scenarios
Scenario 1: Bearish Trend (Price Falls)
The price fails to break the resistance ($95,300).
It starts to move downward toward the first support zone around $94,400–$94,300.
If this level is broken, the price could fall further to the second support zone near $93,000.
Scenario 2: Bullish Trend (Price Rises)
If the price breaks above the resistance at $95,300 and stays above it, the market might continue upward toward $96,000 or higher.
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4. What to Watch For?
Price Behavior Around $95,300:
If the price forms long wicks (indicating rejection) or red candles, it’s likely to fall.
If the price closes strongly above this level, it might continue upward.
Support Zones:
Watch if the price holds or breaks the support levels below ($94,400 and $93,000).
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Conclusion
The chart currently suggests a bearish possibility because:
1. The price is facing resistance.
2. Momentum (CCI) is reducing.
3. The drawn arrows show an expected downward move.
However, you should wait for confirmation from the next price movements before making any decisions.
#btc #btcusd #elliottwave short sell setup wave 2 1stJan25Bitcoin will see it's biggest discount in history in the upcoming years 85% Discount is anticipated.
Again expecting the retest of 15k and the real boom and bull market will start from there rising it upto 242k more than 1400% rise!
That means each dollar invested will become 14 usd from 15k till 242k!!!!!!!!!!!!!!! But if not sold right now my 1 dollar will be just 0.15 cents only.. Which will actually be a discount for new long term buyers as we are at the extremely overbought condition right now in btc and all markets..
Wait for it to go oversold to buy back simple as that. Not an advice of any kind dyor tysm trade with care good luck.
BTC Weekly Signal: A Warning or Just Another Test?Analysis:
Bitcoin's current price action presents a critical juncture, marked by the flashing of the PrimeMomentum LongTerm Signal BTC on the weekly chart. Historically, this signal has proven to be 100% accurate, correlating with significant corrections whenever it appears. If the signal persists until the weekly candle closes in 36 hours, we might see Bitcoin entering a deeper corrective phase.
Key Observations:
The Signal's History:
As illustrated on the chart, each red diamond signal in the past has accurately predicted a correction.
Corrections following the signal have ranged between 7% to 25%, with the most extreme being a 72% drop during the bear market.
Potential Correction Zones:
Two imbalance zones have been highlighted as potential targets:
$85,000–$81,600: This aligns with the upper imbalance zone.
$74,400–$70,600: A deeper support area, matching historical price reactions.
These zones are consistent with prior correction depths and market behavior during similar signals.
Market Cyclicity:
Corrections often precede major market rallies. Historical data shows post-holiday rallies were initiated by small corrections, fitting the current scenario.
This aligns with upcoming macro events, including the inauguration of significant political figures, which could fuel renewed bullish sentiment.
What to Watch:
Weekly Candle Closure:
If the signal remains active upon close, the likelihood of a correction increases significantly.
Reaction to Imbalance Zones:
Monitor price action closely if Bitcoin approaches $92,000 or either imbalance zone.
Macro and Whale Activity:
Whales may capitalize on this correction to accumulate Bitcoin at lower levels before anticipated bullish catalysts in 2024.
Final Thoughts:
This setup reflects a dynamic yet critical stage for Bitcoin's market structure. While corrections can appear alarming, they are often healthy retracements that set the stage for stronger bullish moves. Keep an eye on the weekly close and remember that the PrimeMomentum LongTerm Signal BTC has yet to fail in its predictions.
Will Bitcoin's trendline hold, or are we due for another major correction? Share your thoughts and let’s discuss! 🚀