BTCUSD trade ideas
Long trade
Trade Overview: BTCUSD – Long Position
Entry Price: 94,355.20
Take Profit: 95,775.76 (+1.51%)
Stop Loss: 93,945.35 (–0.43%)
Risk-Reward Ratio (RR): 3.51
🕚 Entry Time: 11:45 AM (New York Time)
📅 Date: Saturday, 26th April 2025
🌍 Session: NY AM
🧭 Entry Timeframe: 15-Minute TF
Reasoning Narrative
BTCUSD formed a bullish falling wedge structure on the 15-minute timeframe, signalling a likely breakout to the upside. Price action respected the wedge boundaries with multiple touches before showing a compression toward the apex, hinting at an imminent move.
The next trendThis is my next look at Bitcoin's next move based on Elliott analysis.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
Bitcoin & Tariffs 📉 In the short term, Trump's proposed tariffs add to the current risk-off sentiment—ETF flows, correlations with stocks, and macro uncertainty are already weighing on Bitcoin.
🗣 While debates rage on about whether tariffs will hurt importers or exporters or whether Trump will roll back some after negotiations, one thing is certain: inflation. And inflation is historically a positive for $BTC.
🌊Liquidity injections, growth of money supply (M2) and potential QE will follow as a weak economy struggles with disrupted supply chains—another long-term positive for Bitcoin
⚖️ During trade wars and geopolitical uncertainty, investors run to gold. With Bitcoin’s correlation to gold, this could be another tailwind
💡 So while tariffs may be a short-term drag, structurally, they are bullish for Bitcoin in the long run. You also need to remember that quite a lot of negativity is already built into the price, and if there is no new round of counter-tariffs, positive sentiment may appear sooner.
BTCUSD Trading AnalysisChart Overview:
Timeframe: 30 minutes
Pattern: Expanded Triangle (bearish bias)
Current Price: Around $94,330 at the time of chart
Wave Count:
Completed a complex Expanded Triangle at the top.
Initial impulsive wave (Wave ①) already in progress.
Expecting corrective retracement for Wave ② (small bounce).
Then strong downward impulsive Wave ③ projected.
Technical Observations:
1. Expanded Triangle Formation
Type: Bearish Expanded Triangle.
Characteristics observed:
Each subsequent high was higher and each low was lower (classic expanding pattern).
Typically this formation ends with a sharp reversal (which already started).
2. Wave Structure Forecast (Elliott Wave Principle)
Wave ①: First impulsive downward leg already formed.
Wave ②: A minor retracement or bounce is expected (lower high formation).
Wave ③: Strong impulsive fall expected after Wave ②, breaking previous lows.
Wave ④: Small corrective upward retracement.
Wave ⑤: Final downward move completing the 5-wave impulsive structure.
Key Price Levels and Targets:
Target Level (Approx.)
Target 1 $89,300 1.309 Fibonacci extension, interim support
Target 2 $86,000 Next major Fibonacci projection zone
Final Target $84,400 2.618 Fibonacci extension zone, final bearish target
Fibonacci Projections:
1.618 Extension: ~$89,000
2.309 Extension: ~$86,100
2.618 Extension: ~$84,400
Volume and Momentum Check:
Volume: Decreasing during the upward retracements (bearish confirmation).
Momentum: Loss of momentum after the triangle breakout — supporting deeper correction.
Summary of Expectation:
Bitcoin has completed a bearish expanded triangle.
A strong downward impulsive move has started.
Short-term bounce (Wave ②) is possible but lower highs expected.
Likely targets for downward movement are $89,300, $86,000, and possibly $84,400 in the coming days.
Trend Bias: Bearish until BTCUSD reclaims above $95,000 decisively.
Risk Factors:
Watch for invalidation if BTCUSD crosses and sustains above $96,000 (triangle high).
Sudden macro news or BTC-related developments could lead to unexpected volatility.
Disclaimer:
This analysis is for educational purposes only and not a financial advice. Please do your own research or consult your financial advisor before trading.
BITCOIN/U.S.DOLLAR01) It looks that, bitcoin is currently following AB:CD pattern on daily and weekly time frame.
02) Show a strong reverse from fib golden numbers of retracement with the alignment of bullish trend line.
03) Showing divergence on daily time frame.
04) Break the downtrend resistance line with strong volumes.
05 Creating first wave of Elliot wave, after breaking downtrend line on daily time frame.
Target1 : 109,300
Target2 : 134,722
Stop Loss : 83,000
April 25 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Nasdaq 30-minute chart.
There is no separate indicator announcement.
I bet on a red finger upward sideways movement or a strong rebound.
If the green support line is maintained,
the short-term pattern will be maintained and it is a safe zone, so it seems that there will be no big effect on Bitcoin.
The short-term pattern is broken from the bottom 2,
and the bottom section is the 1+4 section, so if it succeeds in rebounding without breaking away from the true blue support line,
it is good for a long position.
I just applied it to Bitcoin.
This is a Bitcoin 30-minute chart.
The purple finger section on the lower left is the section where the long position was entered in the analysis article on the 23rd.
*When the red finger moves,
it is a one-way long position strategy.
1. $93,046 long position entry section / stop loss price when the green support line is broken
2. $95,562.5 long position 1st target -> Top 2nd -> Good 3rd section,
and when the Good section is broken, the possibility of a new high is high.
The 1st section at the top is the rising wave confirmation section
The green support line 2nd section that I marked is the safe section.
The final match was held in the 1+4 section
If the strategy is successful, the 1st section on the right is the long position re-entry and utilization section
I left a simulation with the pink finger.
From the bottom breakout, until the additional weekly candle is created next Monday,
I have sequentially displayed the main prices and support lines,
so please refer to them,
and please use my analysis articles only for reference and use,
and I hope you operate safely with the principle trading and stop loss price.
Thank you for your hard work this week.
Thank you.
BITCOIN Bulls in Control - Next Stop: $94,000?COINBASE:BTCUSD is trading within an ascending channel, signaling bullish momentum. The price has consistently respected the channel boundaries, forming higher highs and higher lows, which aligns with the continuation of the uptrend.
After consolidating within a tight range for several days, COINBASE:BTCUSD has broken out with strong momentum. The price may now be pulling back for a retest of the previous resistance zone. If buyers step in and confirm this area as support, a move toward the channel’s upper boundary around $94,000 becomes likely.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong rejection wicks from the support zone, or increased buying volume, before considering long positions.
Bitcoin chartline shape of a phoenix risingDuring the BTC $100k ATH I noticed the phoenix rising shape in the chartline and have not heard anyone else mention it. Here I have outlined the phoenix and noted its wings, head and beak. It seems to be rising high up out of the flames. For effect I have stylized it in fire colors to help visualize it. It seems fitting that the phoenix appeared in the time that it did, as an omen of how meaningful Bitcoin will always be. Maybe the flames at the bottom are all of those fiat dollars on fire?
UPDATE ON BTC ANALYSISBTC/USD 1D - Well as you can see price has played out exactly as we predicted yesterday providing us with an amazing push to the upside. I do however want to see price correct itself before the next push up.
I have gone ahead and marked out the order block I have in mind that I would like to see price come and clear before it continues in this hawkish way. I feel this could be a great area to get involved in those longs from.
As we know there are some great prospects for BTC so its important that we are always looking for key areas of interest for us to buy in from with this market being a bullish one.
I will keep you all posted on how this market places out over the coming days, but a big well done to anyone who may have taken advantage of the last post on this pair and profited!
BTCUSD:Ascending Wedge Trend and StrategiesI. Trends and Patterns
From the 4 - hour chart, BTCUSD has shown complex volatility characteristics recently:
1.Consolidation phase: The price oscillated within a narrow range in the early stage, forming a rectangular consolidation pattern. The forces of bulls and bears were relatively balanced, and there was a strong wait - and - see sentiment in the market.
2.Breakout and current pattern: After breaking through the consolidation range, the price moved upward, indicating that the bulls were dominant in the short term. However, it has now entered an ascending wedge pattern - which is a common reversal signal in technical analysis.
- Pattern characteristics: Although the price has been making short - term new highs, the upward slope has gradually flattened, suggesting that the bullish momentum is fading and the bearish momentum is gradually accumulating. Be vigilant against the risk of trend reversal.
II. Key Support and Resistance Levels
S1: $93,000. It is near the lower trend line of the ascending wedge and also a previous pullback low. If the price drops, this could form a strong support. If it is broken, it may open up a downward space, and we need to be vigilant against trend reversal.
S2: $91,500. It is the upper edge of the previous consolidation range. If the price drops significantly, this may form a secondary support to slow down the decline.
R1: $96,000. It is near the upper trend line of the ascending wedge. The price has tested it several times without a valid breakthrough, indicating strong selling pressure here and a significant short - term suppression effect.
R2: $98,000. It is a higher - level resistance target. If the price breaks through $96,000 strongly and holds above it, it may further rise to this level.
III. Trading Strategy Recommendations
1.Bullish strategy:
- Entry conditions: The price finds support near $93,000 (such as the appearance of bullish candlestick patterns like hammer candlesticks), and does not break below this level.
- Target price: $96,000 (testing the upper wedge), and if broken, look towards $97,500.
- Stop - loss setting: Break below $92,500 (below the lower edge of the support level).
2.Bearish strategy:
- Entry conditions: The price effectively breaks below the support level of $93,000 (such as closing below it for two consecutive candlesticks), or encounters resistance and falls back near $96,000 (the appearance of bearish patterns like shooting star candlesticks).
- Target price: $91,500 (the upper edge of the previous consolidation), and if it further drops, it can look towards $86,000.
- Stop - loss setting: Break above $96,500 (above the upper wedge).
3.Risk warnings:
- The reversal signal of the ascending wedge needs to be verified with trading volume (for example, if there is a significant increase in volume during the breakout, the signal is more reliable).
- Pay close attention to fundamental factors such as the expected Fed policy and regulatory dynamics of cryptocurrencies. Be vigilant against breakout movements triggered by unexpected news.
IV. Conclusion
Currently, BTCUSD is in a critical observation period of the ascending wedge. Technical analysis shows that the bullish momentum is waning, and it faces a directional choice in the short term. Aggressive traders can lightly test the waters near support/resistance levels, while conservative traders are advised to wait for clear breakout signals (such as a volume - based breakout of the upper wedge or an effective breakdown of the lower wedge) before entering the market. At the same time, strictly control positions and stop - losses to avoid volatility risks before the pattern is confirmed.
BTC Potential Breakout, Daily DivergenceBTC on the daily has the opportunity to expand way upwards over the next month - a divergence on the daily evidently takes longer to play out but RSI could easily reach 80 off the back of the structure.
I have been shorting, confidently, for a good few weeks now, with longs in between, but I'm starting to feel like I should flip long.
Solana is also trying to reclaim the daily/weekly range - things to think about for sure.
Good luck out there!
BTC/USD Price Action Update – April 28, 2025📊BTC/USD Price Action Update – April 25, 2025
🔹Current Price: 94,039.17
🔹Timeframe: 15M
📌Key Demand Zones (Support):
🟢93,331.61–93,464.50 – Immediate Intraday Demand (potential bullish continuation zone)
🟢92,901.29–93,042.00 – Deeper Demand Support (stronger reaction expected if tapped)
📌Key Resistance Level:
🔴94,518.29 – Short-Term Target Resistance
📈Bullish Outlook:
Price has shown strong recovery from the demand zones. Holding above 93,331 keeps the bullish structure intact. A clean break and retest can push price toward 94,518. Watch for bullish engulfing or BOS for confirmation.
📉Bearish Outlook:
If price breaks below 93,331, expect a deeper pullback into 92,901–93,042. Loss of 92,900 could indicate short-term bearish momentum.
⚡Trade Setup Tip:
✅Look for long setups on bullish reaction at 93,464 or 93,042
✅Manage trades carefully near 94,500 resistance
✅Use tight stop-loss for scalps below demand zones
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Big Pop Could Come Here Where we're most likely to be in the general trend structure now is fairly subjective. We came up off the butterfly support mentioned previous which is a great start for the bull move but we're also still well inside of bull trap territory.
If we have a low or a bull trap forming, should be a big spike here.