BTCUSD – Wave 5 Just Started? Fibonacci Targets AheadBitcoin has broken above the key $100K level, likely confirming the beginning of an extended Wave 5 in the Elliott Wave sequence that began in 2023.
📈 Fibonacci Projections (Wave 5):
1.382 → $124,752
1.618 → $136,266
2.000 → $157,197
📊 Key EMAs:
EMA 21 (Yellow): Short-term support
EMA 50 (Blue): Medium-term trend confirmation
EMA 200 (Pink): Long-term bullish bias intact
🔍 Important Levels:
Resistance zone: $108K–$109K
Support zone: FWB:73K –$74K
Critical support: $62,538
As long as BTC remains above the FWB:88K level and the 50 EMA, the bullish structure is valid. However, watch out for potential distribution in the $108K area before any further move toward new highs.
BTCUSD trade ideas
BTC at Key Inflection Zone – Breakout or Rejection Ahead?Asset: BTC/USD
Timeframe: 4H or Daily (based on visual pattern structure)
As of: May 6, 2025
Indicators:
50 EMA (Red): $91,615.79
200 EMA (Blue): $89,305.75
Key Technical Zones:
🔴 Resistance Zone: ~$104,000 – $108,000
This area has historically acted as a major supply zone.
Price has been rejected from this level multiple times, indicating strong selling pressure.
🔁 Flip Zone (Resistance turned Support/Support turned Resistance): ~$95,500 – $100,000
The current price ($95,234.23) is testing this zone from below.
A confirmed break and hold above could signal continuation toward the higher resistance.
🟢 Strong Support Zone: ~$88,000 – $91,000
Confluence of 50 EMA and 200 EMA adds strength to this demand zone.
Previous breakout level and accumulation area.
EMA Outlook:
50 EMA > 200 EMA: Short-term bullish crossover is active, indicating bullish momentum.
Both EMAs are sloping upward slightly, suggesting trend strengthening.
Price is currently above both EMAs, which acts as dynamic support.
Potential Scenarios:
✅ Bullish Scenario:
If price reclaims the $95,500–$100,000 resistance-turned-support zone:
Expect upward momentum to continue.
Target: $104,000–$108,000 zone.
Break of $108K could lead to a macro bull continuation.
⚠️ Bearish Scenario:
If price rejects the current zone and fails to hold above the $91,000 support:
Look for retest of $88,000–$89,000 area (confluence with EMAs).
Breakdown below that zone would invalidate bullish structure and signal potential deeper correction.
Summary:
Bias: Bullish above $91K, Neutral between FWB:88K –$91K, Bearish below $88K.
Key Confirmation Needed: Daily close above $100,000 for strong bullish continuation.
Risk Management: Watch for fakeouts within the $95K–$100K range due to past volatility.
BTCUSD Analysis Today: Technical and On-Chain !In this video, I will share my BTCUSD analysis by providing my complete technical and on-chain insights, so you can watch it to improve your crypto trading skillset. The video is structured in 4 parts, first I will be performing my complete technical analysis, then I will be moving to the on-chain data analysis, then I will be moving to the liquidation maps analysis and lastly, I will be putting together these 3 different types of analysis.
BITCOIN Climbing the Fibonacci Staircase..Bitcoin (BTCUSD) has come into the Fed Rate Decision week stronger that ever, having staged an impressive rebound from the early-April Low. The consolidation of the last few days is of course a market reaction in anticipation of the big interest rate news.
Regardless of that, the Channel Up that is the underlying pattern from the start of this Bull Cycle has been filling on an impressive symmetrical scale all .382 Fibonacci extensions one by one. The most recent has been the 4.382 and naturally the next in line is the 5.382 Fibonacci extension.
Since the last one (4.382) was almost hit before the price pull-back, it would be more fitting to assume the next peak slightly below the 5.382 Fib ext as well as $170000.
This may very well be the final High i.e. the Cycle's Top before the next Bear Cycle begins, depending on the time it hits it.
Do you think that would be the case? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
SPY/QQQ Plan Your Trade For 5-6 : GAP Breakaway patternToday's pattern suggests a morning GAP will take place and price will continue to break away from yesterday's body range.
Given the fact that the markets are already almost 0.8-0.9% lower than yesterday's closing price level, this suggests the markets will continue to trend downward today.
Is this it? Is this the breakdown for May 2-5, seeking the Major Bottom I've talked about for the past 3+ weeks?
We'll find out over the next 5-10+ days.
Ultimately, the EPP patterns have aligned across multiple instruments/symbols to present a very clear opportunity to the downside. Now, we need to watch and wait as the markets should be moving into the early FLAGGING stage of the downward EPP pattern.
After the FLAGGING pattern, we should get the breakdown into consolidation, which is where I believe big profits can be made. That breakdown into the consolidation phase is usually very aggressive and can often be after the FLAGGING range.
Gold and Silver are making a move higher. I suggested this would be the case over the past 5-10+ days - but, boy, was it frustrating to watch Gold and Silver consolidate over the past few weeks.
At this point, I'm looking for Gold to rally above $3500 and for Silver to attempt to rally above $34.00.
Bitcoin seems to be leading the SPY/QQQ (again) and appears to be about 2-3 days ahead of the major US indexes, attempting to move into a downward FLAGGING formation.
This could be very interesting if BTCUSD continues to lead the SPY/QQQ. Meaning, we may be able to rely on the structures/setups in BTCUSD as a 2-3 day early window of that the SPY/QQQ may be doing (for a while). I'm sure it won't continue to align at some point in the future.
Again, I'm getting great comments from followers and subscribers. Thank you.
I'm doing my best to deliver the best research I can within these 15 to 20-min videos.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
SPY/QQQ Plan Your Trade Video For 5-7 : Breakaway In CounterToday's Breakaway In Counter Trend mode suggests the markets will likely attempt to break downward before the end of trading, today. Why do I state the downward trend direction?
Because the LT/ST trends are BULLISH and the general upward price trend in the SPY over the past 5-10+ days.
Counter-trend patterns are typically inverted compared to the general 5-8 day price trend. If we can't clearly identify a 5-8 day price trend, then the counter-trend patterns should be determined based on the ST/LT and BIAS trend information on the SPY Cycle Patterns data window.
Today, being a FOMC comment day, should stay rather muted/sideways in early trading. Normally, on FOMC days, the markets tend to stay paused ahead of the FOMC comments.
I believe the FED will not raise or lower rates - meaning NO CHANGE. I don't believe the US Fed has any reason to be concerned with US economic performance right now.
Gold and Silver should move into a rally phase today - but that will likely come near the end of the day as the FED comments drive the markets.
BTCUSD has moved into an early FLAGGING formation. This could be very interesting as BTCUSD has been leading the SPY/QQQ by about 4-6 trading days over the past few weeks.
If BTCUSD continues to lead the SPY/QQQ - that means the SPY/QQQ would be in the early breakdown phase right now - moving into a FLAGGING formation possibly next week.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Bitcoin: First Leg Of Wave 5 To 109K.Bitcoin has lingered around the 95K resistance area over the previous week. In my opinion this is a sub wave iii completion (5 mini waves can be counted within the bullish breakout leg). This implies there is a greater probability of a retrace or sub wave iv (see wave count on chart). The retrace can go as low as the 90K support without overlapping sub wave i which would keep the bullish impulse in play. Also there is enough evidence here to suggest this structure is likely the first wave of the broader Wave 5 which can see a test of the 109K high over the coming months.
The current high (see arrow) shows signs of potential reversal at a location where such a pattern can be expected. The question is, when will it retrace and how far? It is anyone's guess. This is where you have to have the ability to adjust as the market provides new information. Until then the best we can do is assess loose probabilities and wait to see how the market aligns or not.
The adjustment process is two fold: evaluating support/resistance levels and assessing the RISK associated with a given scenario. For example, the illustration on the chart shows a retrace back to 90K, this or some variation of this scenario may or may not unfold. The key is to have levels identified in advance and then WAITING to see how the market behaves at such levels. Does it confirm our idea or not? In the case of Bitcoin now, the 95K area resistance is sticking and a reversal pattern has appeared which adheres to the retrace scenario, but how far it retraces is up to Bitcoin. We have to wait and see what type of bullish reversals appear and where they appear before RISK can be assessed for a swing trade on this time frame.
Markets that linger around levels can be very hard to trade if you are the type that forces trades or assert opinions. Slow grinds are especially tough to sit through which is why I always suggest evaluating smaller time frames while keeping this bigger picture in mind. There are plenty of smaller opportunities to capitalize on if you can recognize the support/resistance levels and trend structure on the smaller time frames without losing site of the bigger picture.
On this time frame for swing trades, I am not interested in the short side. I prefer to wait for the retrace (wave iv) measure to see how far it goes, WAIT for the reversal confirmation, then quantify the RISK from that point. IF this scenario appears, I would be anticipating a retest of the 100K resistance and expecting a greater chance of a breakout to a higher high (low to mid 100ks)? This can take at least two weeks to play out in my opinion. And if this scenario does not play out, then adjust to the whatever new information the market is presenting.
Thank you for considering my analysis and perspective.
(BTC/USD) 1H Trade Setup – Key Entry, Stop Loss & Dual TargetEntry Point: 95,431
Stop Loss: 95,264
Target Points:
Upside (Target 1): 100,674 (Potential gain: +5.36%)
Downside (Target 2): 86,614 (Potential loss: -7.57%)
Trade Setup:
Risk-Reward Ratio:
Approx. 1:0.7 (Not ideal; the reward is smaller than the potential loss)
Support Zones:
Highlighted in purple beneath the entry zone — this indicates a historically strong support area.
Resistance Zones:
The upper purple zone marks the next significant resistance around 100,000–100,795.
Technical Indicators:
50 EMA (Blue Line): Indicates mid-term trend support, currently holding price action.
Price Action: BTC appears to be retracing toward support after a bullish rally.
Interpretation:
The setup implies a long (buy) position with a very tight stop loss.
The price is nearing a support zone, and if it holds, there's potential for an upward move to the target at 100,674.
However, if price breaks below 95,264, a sharp drop to 86,614 is anticipated.
BTC: Short-Term Trading SetupBTC: Short-Term Trading Setup
On the 60-minute chart, BTC has broken above a strong resistance zone, which has now turned into support near 102,900.
The price has just tested this level and reacted, showing that buyers are active in the area. As long as this support holds, BTC has the potential to rise further to 103,880 and 104,450.
Warning:
However, if the price drops below the red zone, it's best to exit the trade—it could become very risky.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
BTC - NOT DONE YET - $132,000 Well, in a somewhat interesting turn of events, I can see my Stop loss at $105,300 is going to get hit, and BTC will push higher. Its pre-emptive, as we have yet to touch $105,300. But the micro wave structure looks clear to me. So in a somewhat sensational way , the new target is an all time high plus about $22,000 more.
Happy Trading.
Lets hope this does not turn into a bad case of the whiplash.
Major Confluence Area for BTCBTC bulls have been very excitable recently but BTC has not yet done anything outside of a common bull trap norms.
The rally to 95K was perfectly inside the scope of a correction, see below idea;
Now we're into the biggest test area so far;
We have a possible butterfly (corrective pattern).
We have a possible 76 retracement (Corrective pattern)
We have a retest of the logical resistance (Corrective pattern).
If BTC is able to break through these this would be extremely positive. There's be no classical bear case to be made and failing funky bull traps this would likely develop into a good trend leg.
But if it's a bull trap, then this rally helps us to plan the downside levels (Which have not changed much).
BTCUSD Supply Zone Play: Smart Money Dump in Progress!🚨 Bitcoin (BTCUSD) is playing the classic Smart Money trap — and you’re either the bait or the sniper.
Let’s decode this fresh 1H chart with laser precision 👇
📈 Market Structure:
BTC had a clean rally with momentum, but notice what happened next — price tapped directly into a 1H Bearish Order Block and Fair Value Gap (FVG) combo.
That red zone? That’s where smart money was waiting.
Now, price is consolidating and rejecting inside that OB. This isn’t just sideways action — this is distribution. 📉
📉 Liquidity Engineering:
See those equal lows below? 👀
Retail sees them as support.
Smart money sees them as liquidity to be harvested.
✅ Triple tap lows (marked by $$)
✅ Buy-side liquidity swept at the strong high (104.79k)
✅ Fair Value Gap left open as inefficiency magnet
This screams: "Trap the breakout chasers, then dump."
🔥 Smart Money Setup:
Entry was timed post-rejection inside the OB after tapping the Fair Value Gap.
This is distribution at premium pricing, exactly where big players unload while retail buys the top.
✅ OB Rejection
✅ Inside Premium
✅ Strong High respected
✅ Perfect Risk-to-Reward opportunity
🎯 Targets:
TP1: Local support flip or structure break near 101.2k
TP2: Full move into Weak Low / imbalance fill at ~99.1k
SL: Above OB / strong high @ 104,794.48
Risk-Reward? Solid 1:4+ sniper-grade setup 🔥
🧠 Psychology Tip:
Most traders get chopped here by overtrading or entering too early.
Be the sniper — not the machine gun. 🧘♂️💥
Wait for price to enter premium, show weakness, then strike with precision.
🚀 Summary of Confluences:
OB + FVG stacked
Strong High as invalidation
Distribution signs within premium
Weak Lows begging to be swept
Clear imbalance toward 99.1k
BTC is delivering textbook SMC setups — your job is to stop chasing and start planning like Smart Money.
➡️ Comment “BTC READY” if you're watching this setup!
➡️ Save this post for your backtesting journal! 🔥
BTC/USD a bullish breakout with a trade target
Key observations:
1. Current Price: The current price of BTC is $100,528, up +3,474 USD (+3.58%).
2. Time Range: The chart spans from mid-March to early May 2025.
3. Technical Indicators:
Moving Averages: The chart shows multiple moving averages:
Red (likely the 200-period MA)
Yellow, blue, and possibly other MAs (e.g., 50, 20 EMA/SMA)
These are being used to indicate trend direction and potential support/resistance.
4. Support & Resistance Levels:
Several horizontal lines mark previous support/resistance zones.
Price recently broke above a significant resistance near $99,296.
5. Trade Setup:
A long position appears to be placed, indicated by the green/red risk-reward box.
Entry seems to be near the breakout above $99,296.
Stop-loss is set just below the breakout, and the take-profit is much higher (target zone not clearly labeled).
6. Volume/News Icons: There are icons (lightning bolt and US flag), suggesting either news events or indicators relevant to the price movement.
Overall, the chart indicates a bullish breakout with a trade targeting further upside momentum above the $100,000 psychological level.
BITCOIN PESSIMIST ROUND 3: Fool me 3 times3rd time now and hopefully the last
ranging and weaker impulse after every reversal i marked on goes to show slowing in velocity its time folks
i hope so
levels of resistance in 2 pxl 4 pxl revesal but anything could happen at those resistance and it could revese stay tuned
104.2k was BTC top for a REASON: Golden Covid fib calling itHere we are again testing the ATH levels.
This time we got an EXACT hit on the fib.
Golden Fibs are always strong as proven.
$104,235 (Coinbase) is the exact level
$ 95,176 is a possible retrace target.
$120,295 is next target if we break out.
It is PROBABLE that we Orbit this fib for a while.
It is POSSIBLE that we break and run to next fib.
It is PLAUSIBLE to be a Lower-High TOP for a while.
Please hit the BOOST to encourage more posts.
=========================================
Previous Plots below
=========================================
$105k top call:
75k Retrace targeted EXACTLY
97.8k Breakout Call
===========================================
.
Bitcoin: again above $100KThe FOMC meeting held during the previous week brought back at least some level of confidence on financial markets. This time, the increased positive sentiment was reflected also on the crypto market, and its major coin, BTC. Increased demand for riskier assets brought back BTC to levels above the $100K. This coin is ending the week at levels above the $103K.
As of the end of the week, the RSI reached the level of 76, which is treated as highly overbought market side in technical analysis. The moving average of 50 days continues to converge toward the MA200, indicating a potential for another cross in the coming period. Just as a reminder, at the beginning of April, the two lines made the so-called “dead cross”, swiftly after, the trend changed to the upside.
Investors' confidence is back on the market, however, it should be considered that US-China trade negotiations are expected to start soon, which would most certainly bring back some higher volatility and nervousness among market participants. On a longer scale of time, BTC will most certainly seek the way to test its current ATH and even to make the new ones. However, on a shorter time scale, this road will be marked with ups and downs. The current $103K level will be tested at the start of the week. Some short term reversal is quite possible, at least to the level of current support line at $100K. A move toward the higher grounds is also possible, to some extent, however, at this moment, it should not be expected to be a significant one.