BTCUSD LONGas you can see, my fib has been drawn on an impulse move, and not that price has reached into the OTE zone and i am looking for price to reach into the marked out imabalance
BTCUSD trade ideas
My forecasting methods using astrologyI have selected tonight saturn moon square opposing jupiter at 3 UTC by selecting the highs and the lows of this specific time range to take measurements and today's price action came along. these are the power of gann methods when correctly understood.
BTCUSD LONG #BTCUSD is currently on a corrective move sequence, once completed it may begin to push up once again, please be cautious on your approach. But it looks clear.
BTC/USD – WAIT FOR THE CROSSPrice has been respecting a descending trend line ever since topping out near the 108k area. We have a potential “High-Risk Buy” zone in the mid-to-high 90k range—worth considering for aggressive traders looking for a bounce. However, more conservative traders may want to wait for a confirmed break of the descending trend line (the “cross”) before jumping in. Managing risk is key in case bearish momentum continues.
BTC Turns BearishBitcoin's daily chart is showing continued bearish momentum after rejecting from the $106,099 resistance level and losing the critical $99,860 support. The price has now dropped below the 50-day moving average, which sits around $97,700, flipping this level into potential resistance. This breakdown suggests that the short-term trend has shifted bearish.
The increasing sell volume accompanying the breakdown underscores growing bearish pressure, while the RSI continues to slide downward, indicating weakening bullish strength. Despite this, the RSI has not yet reached oversold levels, leaving room for further downside.
Key support now lies in the $88,800-$90,600 zone, which has acted as a demand area in the past. If Bitcoin fails to hold this range, further downside toward lower support levels could materialize. To regain bullish momentum, Bitcoin must reclaim both the $97,700 50-day moving average and the $99,860 resistance. Until then, the market remains tilted toward caution, with downside risks still in play.
Bitcoin Going Lower? Bitcoin has broken below the lower boundary of a rising channel and retested the support level around 91K.
Since last Tuesday, prices have rebounded, climbing until yesterday when they tested the rising channel, which had shifted to serve as resistance. However, the upward momentum faltered, and Bitcoin failed to break higher, ultimately falling below the rising trend line.
The market's next big move will likely hinge on today's FOMC minutes. Depending on the outcome, further selling pressure could emerge.
The key question is whether the 91K support level will hold. A breach of this level could trigger a more significant sell-off.
#BTC almost completed wave 1 of C or 1 of 3 if you are really bearish. Alt count in red is secondary option. A brief relief rally is expected today or tomorrow only to fail at resistance where bears will more than likely keep their boots on the neck of any bulls remaining. Bulls had their second chance to exit near the ATH or at least 100k. Greed or lack of awareness will haunt you for the next 2 months.
btc top predictionbased on this:
Coin Value Days Destroyed (CVDD) Extension
Net Unrealized Profit-Loss (NUPL)
Market Value-Realized Value Z-score (MVRVZ)
Puell Multiple (PUELL)
Calendar Seasonality (CSI; Top near November 21)
Halving Seasonality (HSI; Top near 538 Days after Halving)
Logue PolyLog Regression (PLR)
Realized Price (RP) Extension
Plus Directional Movement (PDM)
Logarithmic MACD (LMACD)
Pi Cycle Top (PCT)
Transaction Fee Spike (TFS)
Plot Risk
Plot individual Indicators
Looking to go back to 105447This channel is not providing individualized trading or investment advice, nor is it a banking service, brokerage service, trading service, investment service or money management
service.
It is just an educated guess.
Zigzag ABC Correction Nearing Completion: Long Setup BTC
Trade Setup: Long Opportunity After Wave C Completion
Once Wave C completes, it presents a strong opportunity to enter a long position, as corrections typically lead to the next impulsive move upwards in the broader trend.
Profit Targets for the Long Position:
Initial Target (T1): $96,500 – A retest of the previous horizontal resistance, aligning with the daily level.
Secondary Target (T2): $99,470 – A revisit of the weekly resistance and a psychological round number.
Extended Target (T3): $104,320 – The golden pocket zone (61.8–65% retracement) of the larger downward move.
Stop Loss Placement:
Place the stop loss below the 88,000 support zone, specifically around $87,900. This level is safely below the expected completion of Wave C and accounts for potential wicks.
Risk-Reward Ratio:
Entering around $92,600 (Wave C’s likely completion zone) provides an excellent risk-reward ratio:
Risk: ~$4,700 (entry at $92,600, stop loss at $87,900).
Reward: $3,900 to $11,720, depending on target level (T1, T2, or T3).
Indicators Supporting the Analysis:
RSI (Relative Strength Index):
Currently oversold, indicating bearish exhaustion.
Watch for bullish divergence as Wave C completes to confirm reversal potential.
Confluence with Key Levels:
Wave C’s potential completion aligns with horizontal support levels and Fibonacci extensions.
Multiple timeframes show significant support in the $92,600–$88,000 range.
Final Thoughts:
The chart suggests a zigzag ABC correction nearing completion, with further downside likely in Wave C to the $92,600–$88,000 range. This presents an ideal opportunity for a long position targeting the next impulsive move upwards.
Summary of Key Levels:
Wave C Completion Zone (Buy): $92,600–$88,000.
Profit Targets (Sell):
T1: $96,500 (Daily resistance).
T2: $99,470 (Weekly resistance).
T3: $104,320 (Golden pocket zone).
Stop Loss: $87,900 (Below key support).
BTC Range from a Premium & Discount PerspectiveBitcoin has been known to be in range, and we can use tools to analyze it's price action:
1. Trendline Tops & Bottoms as Support & Resistance
2. Trendline Channel
3. Premium & Discount Range
For Premium & Discount Range, configure the Fib into 0.25, 0.5 and 0.75. These levels act as Intermediate Support & Resistances.
Here, I do not use Fibonacci retracements, but could easily view my chart in a clear manner. We will have to see how price reacts around these channel and ranges to understand it's movements.
Hope it helps, follow if you like more chart analysis.
Thanks!
BTC/USD Update.Market Update: January Edition
Market Overview
Bitcoin (BTC) continues to be a focal point as we enter the new year. After experiencing a robust upward trend, BTC has faced a significant downturn, breaking through crucial support levels. This shift is largely attributed to macroeconomic developments, particularly those stemming from the United States.
Recent News Impact
BTC's recent price dip can be linked to the US Job Openings and Labour Turnover Survey (JOLTS) data, which indicated a surge in hiring, strengthening the labour market. This macroeconomic factor contributed to BTC falling below the $98,000 threshold, with substantial trades influencing the price via "spoofing" practices.
Moreover, the resignation of Fed Vice Chair Michael Barr has noticeably affected market sentiment. Although his departure is seen as positive for Bitcoin by easing regulatory concerns, there's still a risk of a further pullback in the early part of the year.
Additional Insights
It appears our analysis was spot on, as there's potential for further retracement. Recent news about President Trump's involvement could potentially bring the price down to $88,000. This region is notable for its large daily Fair Value Gaps (FVGs), which are imbalances in the market that will need to be squared up at some point.
Trading Strategy
In light of the current market conditions, it is crucial to closely monitor key support levels and technical indicators. The oversold RSI suggests potential undervaluation, which may lead to a rebound or a consolidation phase. Traders should remain vigilant for further bearish signals from the MA and MACD indicators.
Possible Head and Shoulders on BTC suggests drop to80k incomingHi Traders,
I remain bullish on Bitcoin, though the short-term charts are showing some bearish signs. A clear head-and-shoulders pattern has emerged on the chart. While the target could potentially reach 80K, I wouldn’t be surprised if it reverses sharply before hitting that level.
That said, I’m hopeful this scenario plays out, as it would provide a great opportunity for a reset and a chance to buy the dip. Keep an eye on this setup, and I’ll see you next year!
BTCUSD.market target 96700 stop loss 94600Update on your BTC/USD trade:
Trade Update
1. _Target:_ $96,700 (still in place)
2. _Stop Loss:_ $94,600 (still in place)
It seems your trade is still active. Consider:
1. _Monitoring market conditions_
2. _Adjusting your stop loss_
3. _Taking profit if target is hit_
BTCUSD ANALYSIS My view in btcusd btc ready for going to 92k this is not financial advice trade and managing your own risk
btc chart in this weekHi guys
There is some area could be seen in this week ,
I don't suggest to trade with my area but I think they are valuable to take some risk, although there is always a danger ( use stoploss ) .
Comment and like if you want to know more.
Thanks
