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BTCUSDT 1D Technical Analysis (Read_Caption)📊 BTCUSDT 1D Technical Analysis 🚀💰
Bitcoin (BTC/USDT) price action on the daily timeframe, highlighting both bullish targets 🎯 and bearish support zones 🛑.
🔹 Key Observations
Consolidation Zones 📦
BTC has been moving sideways within boxed ranges (highlighted in red), suggesting accumulation phases.
Rejection Patterns ⤵️
Multiple rounded top formations (orange arcs) show repeated resistance and short-term bearish rejections.
Support Levels 🛡️
Strong support zones marked in red/pink lines:
$104,294 🟣
$100,000 🔴
$97,883 🔴
$93,523 🟣
$88,000 / $86,343 🔴 (major support – breakdown risk zone).
Resistance Levels 🚧
Upside resistance levels marked in green lines:
$111,603 ✅ (current zone testing).
$116,988 🟢
$120,706 🟢
$123,784 🟢 (strong bullish breakout target).
Price Structure 📈
Market is currently consolidating near $111,000, awaiting breakout.
A close above $116,988 may trigger bullish momentum toward $120K–123K.
Failure to hold $111K risks a drop toward $104K–100K levels.
🔮 Outlook
Bullish Scenario 🚀: Breakout above $117K → targets $120K–123K.
Bearish Scenario 🐻: Breakdown below $104K → decline toward $100K and possibly $93K.
⚖️ Market is at a decision point — consolidation suggests an upcoming strong move. Traders should watch for breakout confirmation. 🔔
✨📌 Conclusion:
BTC is in a critical consolidation range. A breakout above $117K can fuel a rally, while a rejection risks a deeper pullback toward $100K or lower. Stay cautious and watch support/resistance reactions. 📊⚡
BTCUSDT SHORTI hope you can now see how BTCUSDT represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BTCUSDT Trade Analysis📊 BTCUSDT Trade Analysis
Previous Move (Sell)
✅ Sell executed successfully – target reached (🎯).
📈 New Trade Setup (Buy)
💡 Current Plan:
Switching to buy now as the market has reached the previous sell target.
New Target:
Next major resistance area near 111,025 – 111,072 USDT range (🟩 target box at the top).
📍 Key Levels:
Entry Zone: Above 105,000 USDT mini-resistance area (🟧 mini-resistance box).
Support: Around 102,999 USDT (blue support line).
Current Target (Buy):
Target zone: 111,025 – 111,072 USDT.
📌 Trade Plan Summary
Entry: Above 105,000 mini-resistance area break.
Target Point: 111,025 – 111,072 USDT 🟩.
Stop Loss: Suggested below 102,999 USDT to limit downside (🔴 red zone).
🎯 Conclusion:
🔵 Target for the buy move is well-defined and positioned above current resistance levels.
🟢 Awaiting price action above mini-resistance area for a safe entry for the next bullish leg!
BTCUSD SHORT! With 1:3 RR SET UPHello traders, I'm back with another advance trade set up, in BTCUSD 1H tf price is making LL & LH formation which suggests potential reversal from its highs. in bigger tf BTCUSD also comes near the previous resistance zone, so here we can go with short set up for good Risk to reward ration.
Short BTCUSD if 1H candle close below 102700
With SL:- 104500-105000 zone and Tp1)100000 & Tp2) 98000-96000 range it's a Swing trade so we have to wait for our tp, it's advance trade set up so entry will be valid only if it closes below 102700 lvl. Once you get 1:1 RR trail your sl and book part profits👍 I will post update in comments, have a great day
BTCUSD/BITCOIN DAY BUY PROJECTION 16.10.24Reason for Bitcoin Bullish
As a result, BTCUSD is the most popular crypto-to-fiat pair, and it serves as the de facto gold standard for the cryptocurrency market; providing the price direction cue for virtually the entire crypto market. In the BTCUSD pair, Bitcoin is the base currency, while the US dollar is the quote currency.
BTCUSDT – Rejection at Major Supply ZoneThe chart shows BTCUSDT testing a key supply zone between 122,500 – 123,000 USDT. Price has sharply rallied into this resistance area, which previously acted as a strong reversal point.
Supply Zone: Highlighted in purple at the top, representing an area where selling pressure previously dominated.
Projected Move: The white dashed arrow indicates a potential bearish reversal from the supply zone, targeting the 119,800 – 120,000 USDT demand zone.
Resistance Levels: 120,780.79 (mid resistance), 123,000 (major resistance).
Support Levels: 119,801.59 (key demand zone), 120,000 (psychological level).
Trend Context: While short-term momentum has been bullish, this zone historically triggers sell-offs, making it a high-risk long entry and a potential short opportunity for traders looking for a pullback.
This setup suggests short-term bearish pressure unless BTC breaks and sustains above 123,000 USDT with strong volume.
BTCUSD - HEADED LOWER?Symbol - BTCUSD
BTCUSD is currently encountering substantial resistance, with the price being significantly repelled from the 105-107K zone, establishing a strong resistance area. However, this resistance does not yet negate the broader bullish outlook in the market. A complex market structure is unfolding, characterized by both a descending channel and a symmetrical triangle pattern. The interpretation of these formations will depend largely on how market participants perceive them. A potential reaction to the support of the symmetrical triangle could result in a brief rebound; however, considering the prevailing resistance levels, it is anticipated that this rebound will be shallow, with the price likely attempting to move lower.
Looking at the descending channel, the price is currently supported by a key level at 1,01,600 which is crucial in preventing further declines. This level will play a decisive role in determining the near-term price action. The primary uncertainty lies in whether this support will hold or be breached.
On a fundamental level, the situation remains uncertain and largely dependent on developments in the United States, particularly regarding how political figures, including former President Trump, address cryptocurrencies. This could manifest in various ways: as a bubble, a strategy to influence elections, or simply as rhetorical posturing. Alternatively, it could reflect a genuine, coherent policy direction.
Resistance levels: 1,03,500 - 1,05,800
Support levels: 1,01,600 - 99,600
The 1,01,600 level remains the focal point. In the short term, a potential breakdown below this level followed by price consolidation could lead to a decline to the 100-97K range. However, given the presence of the symmetrical triangle, a false breakdown of 101.6K could trigger a brief upward bounce before a subsequent decline towards the 100K level.
BTCUSD LONG? QUICK REVERSAL SET UP WITH 1:2 RRHello traders, BTCUSD has fall more and came near the previous support zone we will try to capture small reversal trade here, buy BTCUSD if 15min candle close above 103150 our trade will be only valid if it's give closing above that lvl this is advance trade set up so wait for the trade to activate.
BUY BTCUSD ABOVE 103150(15MIN CANDLE CLOSE ABOVE THIS LVL)
SL:-102048
TP:-105500/107000 ZONE
HAVE A GREAT DAY
BTCUSDT DAILY TFAs you see market is filling DAILY POI I already drawn on 15Jun23 @25755.67
That POI worked as a magnet! and we can see price mitigates there price started to fall -14.79%
And now price will fill imbalance which is @23986.92 to @20687.13 PLUS there is a another POI for long side! price will bounce there too.
After that we can expect a New High on BTCUSDT a breakout @32399 that's a previous high on 31May22
OR . . .
If price gives us a breakdown on that POI @20367.48 then price will move towards WEEKLY POI {SKY BLUE} @16812.95 in my opinion that's a strong POI from 21Nov22 is there and not mitigated once!
That means BTC is FILLING FUEL we can see a BULL RUN!
THOSE WHOEVER READING THIS COMMENT YOUR THOUGHT
SMC
BTCUSD READY TO FLY 1400 POINTS ..ONESIDE UP CHANCE Btcusd strong zone above 82400
strong above 82400 there is no resistance upto 83800
wait for active mode
Buy above 82400
Stoploss.......81950....450 points
Target1........83000....600 points
Target2........83800.....1400 points
Disclaimer- This level only for educational purpose only . Do ur own analysis