BTCUSDT Price Action Analysis: Buy/Sell Zones, SL/TP, and Market1. Overall Trend
Your chart shows short-term bullish momentum inside a larger descending structure
(you have drawn a falling wedge / descending channel top).
👉 Short-term: bullish – strong impulsive green candle breaking through multiple intraday levels.
👉 Higher timeframe: bearish resistance overhead – price is approaching the major trendline.
🟢 2. Buy Zones (Bullish Setups)
BUY AREA #1 – Retest of 0.382 / 0.50 Fib Zone (~$90,000–$91,200)
Your strong bullish candle started from this zone.
A pullback back into this demand area = ideal entry.
Why Buy:
Bullish impulse → correction → continuation
Clear demand zone (multiple rejections)
Confluence with your ascending black trendline
Previous consolidation + liquidity grab
Entry:
→ $90,500–$91,200
SL:
→ Below $89,800 (last swing low)
TP1: $92,400
TP2: $93,700
TP3: $94,500 (1.0 Fib + supply zone)
BUY AREA #2 – Break & Retest of $92,465
If price breaks above $92,465 and retests, bullish continuation likely.
Why Buy:
Break of structure (BOS)
Retest of resistance turned support
Strong bullish pressure in previous candle
Entry: After retest & bullish candle confirmation.
SL: Below $92,000
TP: $93,800 / $94,500
🔴 3. Sell Zones (Bearish Setups)
SELL AREA #1 – Major Resistance $93,700–$94,550
Price is currently inside this zone (your dotted blue horizontal line + Fib 1.0).
This is a strong sell zone because:
Why Sell:
Major resistance + 1.0 Fibonacci
Intersection with descending trendline
Previous supply zone
Impulsive move → likely to retrace
Entry:
→ Bearish rejection candle on resistance
(HR wick + small body)
SL:
→ Above $94,800
TP1: $92,400
TP2: $91,200
TP3: $89,800
SELL AREA #2 – Break Below $89,800
If price breaks this key support, we will see strong downside.
Why Sell:
Break of structure
Loss of bullish demand
Below trendline
Entry: Retest of $89,800 from below
SL: Above $90,200
TP: $88,000 / $87,700 liquidity zone
⚠️ 4. No-Trade Zones
Avoid trading in these areas:
NO TRADE ZONE #1 – Between $91,200 and $92,400
Why?
Choppy range
No clear direction
Middle of structure
Poor risk-reward
NO TRADE ZONE #2 – Inside the triangle squeeze before breakout
Price often becomes unpredictable inside a wedge apex.
Wait for break → retest → trade.
📝 5. Summary (Quick Guide)
🟢 BUY
✔ Retest of $90,500–$91,200
✔ Break & retest of $92,465
🔴 SELL
✔ Rejection from $93,700–$94,550
✔ Break & retest of $89,800
🛑 NO TRADE
⚠ Between $91,200–$92,400
⚠ Inside wedge compression area
