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Bitcoin – Trend Update Ahead of PPIBitcoin – Trend Update Ahead of PPI Hello Traders, The current scenario for Bitcoin is unfolding in line with expectations, with the uptrend continuing to develop strongly. Price waves are moving with solid volume, and the overall structure is progressing exactly as anticipated. Key Levels Price has broken through the 113k zone, confirming that the bullish trend is intact. This move increases the likelihood of completing the final wave of the inverse head-and-shoulders pattern. The next level to watch is around 116k, where a mild reaction or pullback may occur before the trend resumes higher towards the 121k region. Special attention should be given to the 117k level, as this marks the potential completion of the inverse head-and-shoulders structure. At this point, price may consolidate before establishing a new primary trend. Trading View For now, it remains important to follow the prevailing uptrend. Any shift in price structure will require re-evaluation, and updated strategies should be applied only after clear confirmation. This is my latest outlook on Bitcoin ahead of the PPI release. I hope this perspective proves useful in shaping your trading approach.
BINANCE:BTCUSDLong
by BrianLionCapital
XAUUSD – Latest Trend UpdateXAUUSD – Latest Trend Update Hello Traders, Gold is moving in line with yesterday’s outlook: after a corrective pullback towards 3660, price resumed its decline and is currently trending lower. If this bearish structure is confirmed on the higher timeframes such as H1 and H4, it may signal that a larger corrective phase on the D1 chart has already begun. Key Levels to Watch 3620: Marked as an important support zone from yesterday, now considered the key level to confirm continued downside. 3630: Aligned with the lower boundary of the ascending channel, where a reaction could occur before the trend direction becomes clearer. Medium-Term Scenarios Gold could decline towards 3550, before bouncing higher again – this is the preferred medium-term scenario. A deeper move towards 3510 is also possible, where liquidity from previous candle wicks may be retested, before the broader uptrend resumes on the daily timeframe. The reason for favouring this medium-term downside: price has already completed the Fibonacci Extension 2.618, which often signals the potential for a corrective pullback. Trading Strategy Observe reactions around 3630 – 3620 – 3610 for potential buy opportunities aligned with the broader bullish structure. Sell setups should only be considered if price closes firmly below 3620, confirming further downside momentum. This is my trading plan for gold today. Use it as a reference and feel free to share your own perspective in the comments.
OANDA:XAUUSDShort
by BrianLionCapital
XAUUSD – Trend Outlook Ahead of PPIXAUUSD – Trend Outlook Ahead of PPI Hello Traders, Gold has moved close to the Fibonacci 2.618 extension and immediately reacted at this level. Price has already broken through the most recent minor low of the previous uptrend, which in my view indicates a violation of the bullish structure. For a confirmed shift in trend, another leg would be needed to form a more sustainable structure. Still, the basis for a sell bias is already present. Fundamental Factor The US PPI data is due today, with forecasts at 0.3% compared to 0.9% previously. If this projection turns out correct, gold could see another strong upward push. However, my view is that the data may not be as weak as expected, so traders should carefully observe the market reaction to the release before making entries. Key Levels to Watch 3660: This level could be tested again and provide another reaction before a potential downward move begins. It remains the most attractive zone for initiating sell positions. 3318: Should gold confirm a Dow-style lower structure and break past old support, the deeper downside target may lie around this region. Trading Strategy The main strategy for today is to look for sell opportunities: Best entry area: around 3660, if price retests and reacts. Strong confirmation: once a candle closes below previous support, short positions can be taken with targets further down. For intraday traders, scalping opportunities may be considered within the corrective range left from the US session yesterday, as the market redistributes price action. This is my outlook on gold for today – use it as a reference and align it with your own strategy.
OANDA:XAUUSDShort
by BrianLionCapital
1
Bitcoin – Current Trend UpdateBitcoin – Current Trend Update Hello Traders, Bitcoin continues to follow the structure of an inverse head-and-shoulders pattern, which has not yet been invalidated. After testing the 113.5k zone, price once again reacted lower – this marks the third rejection at this level, confirming it as a key resistance area. For BTC to sustain its bullish momentum and complete the final wave of the formation, this zone will be crucial. Scenarios to Watch Bullish Case: The uptrend remains intact as long as price holds above 109k. In this case, buying opportunities are still valid. Bearish Case: A sustained close below 109k would invalidate the bullish outlook and activate a bearish scenario. Traders should wait for confirmation before committing to shorts. Short-Term View On the lower timeframes, BTC is moving within a sideways range. For intraday traders, range strategies such as buying near support and selling near resistance can still be applied until a clear breakout occurs. Market Sentiment At the moment, most of the market’s attention is shifting towards gold, leaving Bitcoin with relatively lower momentum. This may keep BTC trading in a tighter range, so traders should lower expectations for strong volatility in the immediate term. This is my trading outlook for today. Use it as a reference and feel free to share your own perspectives in the comments.
BINANCE:BTCUSDLong
by BrianLionCapital
6
[INTRADAY] #BANKNIFTY PE & CE Levels(10/09/2025)Bank Nifty is likely to open with a gap up start, indicating positive momentum after recent consolidation. The index has been moving in a narrow range, and today’s levels could decide whether it continues consolidating or attempts a breakout. On the upside, if Bank Nifty sustains above the 54,050–54,100 zone, a bullish move can be expected with targets at 54,250, 54,350, and 54,450+. A breakout above 54,550 may open the way for a stronger rally towards 54,750, 54,850, and 54,950+, signaling renewed buying strength. On the downside, weakness may come into play if the index slips below 54,450–54,400. In such a case, short opportunities could emerge with targets at 54,250, 54,150, and 54,050. Sustained weakness below 54,000 would further expose Bank Nifty to deeper correction levels. Currently, the index remains in a sideways consolidation phase, but traders should watch closely for a decisive breakout on either side. Intraday opportunities will be clearer once Bank Nifty holds above 54,550 or breaks below 54,050. Strict stop-loss management is advised to tackle volatility.
NSE:BANKNIFTY
by TradZoo
NIFTY50 index levelsKey Levels & Swing Trade Outlook (1-Hour Timeframe) Resistance & Support (Broader Technical View) Key Resistance Zones: 24,900–25,000 range (daily level)—a critical breakout area Slightly higher potential if breakout occurs, toward 25,200+ Immediate Support Zones: 24,750–24,800 level Broader range support at 24,620–24,700 More defensive base near 24,400 (longer-term) Intraday Pivot Levels (Based on latest derived pivots) From Moneycontrol, for the current trading session: Classic Pivot R1: 24,855 | R2: 24,937 | R3: 24,989 Classic Pivot S1: 24,721 | S2: 24,669 | S3: 24,587 1-Hour Swing Trading Perspective Although explicit 1-hour pivot data is not readily available, we can infer swing strategies using the broader technical context and typical indicators: 1-Hour Swing Fundamentals: Use short-term moving averages (e.g., 20/50 EMA) to gauge trend direction. The index is trading above these on shorter timeframes, suggesting intraday bullish bias Common indicators: RSI, Bollinger Bands, MACD, etc.
NSE:NIFTYLong
by GlobalTradeHub
2
Bitcoin – Short-Term Trend ScenarioBitcoin – Short-Term Trend Scenario Hello Traders, Bitcoin is maintaining a bullish tone in the short term while still moving within a corrective structure on the medium-term horizon. Chart Patterns On the chart, a double-bottom formation has already completed and confirmed. In a broader view, the market appears to be progressing towards a potential inverse head-and-shoulders pattern, with the current wave contributing to its completion. This structure would be confirmed if price retests the 117k zone. Elliott Wave Outlook From an Elliott Wave perspective, the current structure suggests that wave C has not yet been completed, leaving room for further upside. MACD & Volume MACD signals, along with trading volumes holding above average, continue to support the buying side, strengthening the bullish bias. Trading Strategy Long positions remain the preferred approach. The 111k level stands out as a favourable intraday buying zone today, with higher probability of success if price pulls deeper into the rising trendline. Conclusion Technical signals collectively favour the bullish case for BTC in the short term. Monitoring reactions at the 111k zone and along the trendline will be essential for optimising entries. This is my perspective on the current market – feel free to share your own views in the comments.
BINANCE:BTCUSDLong
by BrianLionCapital
XAUUSD – Early Week Trading ScenarioXAUUSD – Early Week Trading Scenario Hello Traders, The Asian session opened the new week with mild fluctuations in gold, followed by a pullback into the major liquidity zone created during last week’s bullish wave. At present, price is showing signs of breaking below the 3585 support. If a strong M15 candle closes under this level, it can be considered a short-term correction signal. In that case, a light sell position may be initiated, targeting the 3560 zone. The 3560 level stands out as a reliable support, aligning with the ascending trendline. This makes it a key area for buying in line with the prevailing uptrend, with the potential for price to extend higher and even revisit its all-time highs. However, if price climbs back to retest the trendline, any short positions from that area should be approached cautiously and only with clear confirmation. Another potential buy zone lies near 3516, where the market previously cleared the liquidity from the closest FVG. Overall, gold is likely to require some corrective moves before continuing its broader trend. In particular, short trades should only be considered when the reversal structure is clearly validated. This is my trading perspective for gold today. Please take it as a reference for your own strategies.
OANDA:XAUUSDShort
by BrianLionCapital
Bitcoin – H4 Mid-Term AnalysisBitcoin – H4 Mid-Term Analysis Hello Traders, Bitcoin continues to trade within a wide sideways range. Despite the spike in volume following the recent NFP release, the market has not yet confirmed a dominant trend. Price action is still rotating within the 107k – 113k zone. Elliott Wave Perspective Wave 5 appears to have completed, and an A–B corrective structure is taking shape. This opens the possibility for one more upward leg before the next decisive move develops. Trendline & Key Levels A descending trendline is currently acting as resistance. It may offer early short opportunities, though a clear break below 107k is required to confirm a mid-term bearish outlook. On the flip side, if price respects the trendline and bounces higher, a wave C rally could unfold. Importantly, BTC is still holding above the rising channel, suggesting that bearish momentum remains limited for now. Scenarios to Watch Bullish Case: If Bitcoin sustains above 107k and manages a breakout above 113k, momentum could extend towards 115k – 118k. Long positions can be considered once confirmation comes from stronger volume or a MACD crossover. Bearish Case: Failure to hold above 107k would expose the market to further downside, targeting 104k – 101k where strong historical support is located. Professional Take The market remains indecisive in the mid-term, with no clear directional bias yet. Traders should closely watch the reaction at 107k and the descending trendline to determine the next move. Flexibility and strict risk management are essential in this phase of heightened volatility.
BINANCE:BTCUSDLong
by BrianLionCapital
1
DALBHARAT - At 4yrs old Resistance LevelTechnical Analysis DALBHARAT is currently at a strong 4-year-old resistance level, which it has interestingly tested three times in the month of September. After forming a swing low near 1597 in early March, the stock turned bullish and established a HH-HL structure. Ideally, for a clean breakout, some consolidation near this level would strengthen the move. The overall structure remains bullish, and a decisive breakout here could trigger a strong upside rally. Fundamental Analysis PE Ratio: 48 – on the higher side, but broadly in line with the industry. ROCE: 5.58% and ROE: 4.15% – both relatively weak. Promoter Holding: Strong at 55.8%. Pledged Shares: 0% – a positive sign. ✅ If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ 📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
NSE:DALBHARAT
by SatpalS
TI (Tilaknagar Industries)TI is looking strong. After hitting a fresh ATH, the price has been consolidating and is now resting at a key demand zone. All major EMAs are well aligned, adding to the strength. Today, a Hammer candle has formed, taking support near the previous swing low. A breakout from here may give an upside move. ✅ If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ 📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
NSE:TI
by SatpalS
DRREDDYDRREDDY - The stock is showing strength as it trades above all the key EMAs, indicating bullish momentum. A clear volume pickup is visible, adding confirmation to the move. After a healthy retracement, price has broken above the immediate resistance zone. If it sustains this breakout, there’s a strong probability of an extended upside move. The last hammer candle took solid support at the 200 EMA, which often acts as a major trend indicator, this bounce further validates the underlying strength. Defining stop-loss and position sizing is crucial to manage downside risk, even in strong setups. ✅ If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ 📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
NSE:DRREDDY
by SatpalS
AETHER Bullish Reversal Setup with Strong Risk-Reward PotentialAether Industries Ltd is showing signs of a potential trend reversal from a well-established support zone, supported by a descending triangle breakout pattern and improving technical indicators. This setup suggests a strong risk-reward opportunity for swing traders and positional investors. ⚡ Key Technical Points: 🔵 Descending Triangle Breakout Potential: The price is nearing a breakout from a long-term descending triangle. A breakout above the trendline (~₹778–₹790) could trigger a strong uptrend. 🟢 Strong Support Zone: ₹700–₹720 has held as solid support multiple times (as marked by green arrows), indicating strong demand at these levels. 🟩 Bullish Divergence on RSI: Relative Strength Index (RSI) is showing higher lows while price remains flat or lower, indicating bullish divergence—a sign of potential reversal. 🟢 Favorable Entries: 735, 720 🔴 Stop-Loss: Below 695 (Strong breakdown confirmation) 📈 Target 1 – 838.05 (Previous key swing high) 📈 Target 2 – 943.60 (Next resistance level from historical price structure) ✅ Why This Is a Technically Strong Setup: ✅ Multiple Support Bounces: 700–720 zone has been tested at least 4 times in the last year, showing strength. ✅ Volume-Based Reactions: While volume is low now, past spikes at support zones suggest institutional interest. ✅ Clear Risk Management: Stop-loss is tight (~6–7%) with targets offering 1.5–3x risk-reward potential. ✅ Potential Trend Reversal: Break above descending trendline and moving averages could signal a shift to bullish structure. ✅ Long Base Formation: The stock has been consolidating for over a year—long base formations often lead to explosive moves. 📢 Disclaimer: This is not financial advice. Always do your own research or consult with a professional before making investment decisions.
NSE:AETHERLong
by Pattern_Ninja
Gold Trading Scenario – Start of the WeekGold Trading Scenario – Start of the Week Hello traders, A new week begins with gold holding above the 34xx zone, establishing a fresh value area. The current structure has already broken through major resistance levels on the higher timeframe – including trendline and H4 barriers – confirming strong bullish momentum. The uptrend played out exactly as expected, reaching the target around 3450 (specifically 3454). Now price is seeing a mild pullback. This will only be considered a trend reversal if price breaks below 3404. Otherwise, it is just a secondary correction as per Dow theory. Wave 5 may be complete, but the ABC structure is still unclear. For that reason, the plan is to continue with long positions in line with the trend, which increases the probability of success. Buy zone for today: 3408–3412, an area where sellers previously failed at resistance and which was broken through the trendline on Friday. This is my outlook for Monday, viewed from a medium-term perspective. Take it as reference, and feel free to share your thoughts in the comments.
OANDA:XAUUSDLong
by BrianLionCapital
MASTEKMASTEK has successfully re-tested its breakout zone and posted a strong bullish candle, closing firmly above the 2566 resistance level. Price action shows tight consolidation near the swing-high supply zone with a series of higher-lows, reflecting strong accumulation. Volume had been drying up till now; today’s green candle came with noticeable volume, strengthening the breakout conviction. The stock is sustaining above all key EMAs, further reinforcing bullish momentum. A decisive follow-through above 2600 could open room for the next leg higher. Keep it on your watchlist and prepare your paper trade plans. ✅ If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ 📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
NSE:MASTEK
by SatpalS
Bitcoin Confirms Downtrend – Short Setup ActivatedBitcoin Confirms Downtrend – Short Setup Activated Hello traders, BTC is showing clear bearish momentum as it has broken below a key support level and also dropped out of the rising channel. With price now trading steadily under this zone, the downtrend is confirmed. The strategy from here is to wait for a pullback and then enter a short. The 111k level looks like a strong entry zone, as price could retest the broken channel and form a clean Dow structure for the next leg lower. Short setup: Entry around 111k, with a target at 105k. Buy opportunity (short-term): Around 105k, traders can also look for a quick Long to capture a reaction move as liquidity is taken and to offset any trapped sell positions. The primary view in the medium term remains bearish. This is my outlook on BTC for the sessions ahead. Take it as reference and adjust your trading plan to fit your own strategy.
BINANCE:BTCUSDShort
by BrianLionCapital
1
Bearish Hammer with EMA High-Low Band - Rule Based Entry 🔹 Intro / Overview The Bearish Hammer candlestick is a signal of potential downside reversal. It forms when buyers push price higher, but sellers regain control and close the candle near its low. When combined with EMA High–Low Band confirmation, it creates a disciplined setup to identify short trade opportunities with clear rules. --- 📖 How to Use ✅ Validation → A valid signal occurs when the close price is below the low of the Bearish Hammer. ❌ Invalidation → If the close price crosses above the high of the Bearish Hammer, the signal is invalid. (Before validation ) EMA Band Confirmation: - The Bearish Hammer must be above the EMA High–Low Band. - The EMA High-Low band should not touch the Bearish Hammer. - This ensures the setup aligns with bearish conditions. ✅ Bearish Hammar High must be swing high --- 🎯 Trading Plan Entry → Enter short when the close price is below the Hammer’s low (validation line). Stop-Loss (SL) → The high of the Bearish Hammer candle(Swing High) Target (TP): - First Target → 1R (equal to the risk defined by Entry–SL distance). - Remaining Lots → Trail using ATR, Fibonacci levels, Box Trailing, or structure-based stops. --- 📊 Chart Explanation - The Bearish Hammer shows rejection of higher prices, with a small body near the low and a long upper shadow. - The EMA High–Low Band sits below the candle, and the Hammer forms above the band (no touch), confirming the setup. - Validation occurs when the next close is below the Hammer’s low. - Invalidation occurs if price closes above the Hammer’s high(before Validation) --- 👀 Observation Bearish Hammer Behavior → Most effective after an uptrend or at resistance zones. EMA Role → Ensures trade alignment with broader market bias. Risk Management → SL above Hammer high, TP at least 1:1, with trailing options for extended downside moves. --- ❗ Why It Matters? - Shows buyers losing strength. - Sellers step back in and dominate. - EMA Band ensures cleaner filtering of weak signals. - Provides a strict framework for entry, SL, and targets. --- 🎯 Conclusion The Bearish Hammer, combined with EMA High–Low Band confirmation, creates a structured short setup. Using strict validation, devalidation, and risk management, traders can filter false signals and ride potential bearish moves with confidence. 🔥 Patterns don’t predict. Rules protect. --- ⚠️ Disclaimer For educational purposes only · Not SEBI registered · Not a buy/sell recommendation · Not financial advice — purely a learning resource.
NSE:CNXFINANCEEducation
by MarketAlgoBot
2
Granules India: Critical Descending TriangleGranules India Limited presents a descending triangle pattern on the weekly chart. The price has moved from the established support zone near ₹440-450 and is currently challenging the resistance trendline around ₹492.25. This movement appears with a marked increase in trading volume, highlighting the level where buyers and sellers are most active. Pattern Character A descending triangle pattern is identified by a series of lower highs against a stable support base. Granules India’s recent action displays persistence at support and upward momentum toward resistance. The volume expansion indicates notable participation during the current move. Chart Observation Price action above the triangle’s resistance can indicate a change in the prevailing sentiment if confirmed by continued volume. The current structure and market activity are being closely watched by participants for further development. No forecast or recommendation is made within this post.
NSE:GRANULESLong
by Averoy_Apoorv_Analysis
Exide Industries Ltd (EXIDEIND) – Breakout MomentumPrice Action CMP: ₹396–400 (Aug 29, 2025) Stock is consolidating near highs after strong rally. Trading above 20 / 50 / 200 EMAs → confirms bullish structure. Resistance: ₹405–410 (breakout zone) Support: ₹389 → ₹385 → ₹365 (weekly base) Upside Targets: 🎯 T1 = ₹430 🎯 T2 = ₹475 🎯 T3 = ₹535 (extended swing target) Invalidation: Close below ₹385 → caution; below ₹365 → setup weakens. Indicators & Momentum RSI (14): ~62 → bullish, not extreme yet. ADX: Strength building → supports continuation. MFI: Above 70 → strong money inflow, but watch overbought. MACD: Mixed; short-term pauses possible. 🧭 Trading View Bias Bias: Bullish above ₹389 Short-Term: ₹405 → ₹430 Medium-Term: ₹475 → ₹535 Caution: Sustained close below ₹385 shifts bias neutral. Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
NSE:EXIDEINDLong
by Vijay_Trade
Advanced Enzyme Technologies Ltd_ Short-termAdvanced Enzyme Technologies Ltd (ADVENZYMES) – Technical Analysis Current Price: ₹355–356 (as of Aug 29, 2025) Stock has rallied +18% in 2 sessions, showing strong momentum. Price has broken above key resistance at ₹336 (pivot), turning it into support. 📈 Indicators & Momentum Moving Averages (MA20/50/200): Price is trading above all major EMAs, confirming bullish trend. RSI (14): ~68 → approaching overbought zone, but still has room to push higher. ADX (14): >30 → trend strength is strong and valid. Volume: Delivery volume spiked 7.5x above average, confirming institutional interest. 🧭 Chart Structure Breakout above ₹336 pivot signals start of a fresh uptrend. A daily close above ₹380 may open the path toward ₹410 – ₹455 zone. Watch for consolidation near ₹350–₹360 before next leg. ⚡ Trading View Bias: Bullish as long as price stays above ₹336. Short-Term Target: ₹380 → ₹410 Medium-Term Target: ₹455 Invalidation: Close below ₹336 pivot may weaken trend. Disclaimer: This is a technical analysis study for educational purposes only — not investment advice. Always do your own research before trading.
NSE:ADVENZYMESLong
by Vijay_Trade
Gold Trading Scenario – Friday OutlookGold Trading Scenario – Friday Outlook Hello traders, Fridays are often challenging for forex traders. As the week closes, bankers wrap up their positions, creating unpredictable market moves. This is especially tricky for those who rely on timing-based strategies, so it’s important to watch the smaller fluctuations closely today. Looking at the current gold structure, the uptrend remains intact. Buying pressure is strong enough to push towards the next projected levels. Technical indicators continue to support a bullish view, with MACD showing steady momentum as both volume and moving averages remain positive. From an Elliott Wave perspective, gold is moving in **wave 5**, which is typically an extended wave. This allows us to maintain a bullish outlook unless price breaks below **3386** and confirms with at least one candle close on the M15 timeframe or higher. In that case, the scenario would be invalidated. Until then, buying around this level with a stop-loss just below the key support zone (about 1 dollar lower) remains the preferred approach. Selling opportunities are not yet ideal, but for those looking at short setups, the **3450 zone** should be monitored as a major resistance. In the shorter term, **3430** can act as a reaction level for temporary sells. Fridays also tend to bring more news-driven traps, so be extra cautious. It’s a day that can really test less experienced traders. This is my view for today’s session – use it as reference, and trade with discipline. ---
OANDA:XAUUSDLong
by BrianLionCapital
1
XAUUSD – Medium-Term Trading ScenarioXAUUSD – Medium-Term Trading Scenario Hello traders, Gold is moving into the final stage of its flag pattern. Medium-term traders are now waiting for a clear breakout confirmation, as that will set the direction for the next medium- to long-term opportunities. Once price confirms the break, the strategy is to enter immediately in the direction of the move. Meanwhile, short-term and day traders continue to trade within the flag, looking for scalping opportunities. From my perspective, the probability of gold breaking to the upside and continuing the main bullish trend is fairly high after such a long consolidation. To optimise entries, buying near the lower boundary of the trendline makes sense, with stop-losses placed immediately if the pattern breaks down. The key area to watch is Fibonacci retracement 0.5 at 3354, which acts as both dynamic and static support, as well as a strong Fibonacci level. This zone offers a reliable long-term buy opportunity. Another potential early buy entry sits around 3372, where the previous candle showed strong bullish momentum. Positions here can be taken with tighter stops placed just below the nearest support. This bullish scenario would only fail if price breaks below the lower trendline and closes firmly underneath it, which would confirm a reversal. Wishing you success with this setup. If you share the same outlook, leave your thoughts in the comments so we can exchange ideas.
OANDA:XAUUSDLong
by BrianLionCapital
2
Bitcoin – Long-Term View with Elliott Wave StructureBitcoin – Long-Term View with Elliott Wave Structure Hello traders, Let’s take a medium- to long-term look at BTC. The broader trend is clearly bullish, but for any uptrend to be sustainable, healthy corrections are necessary. At present, BTC is moving through a corrective phase, identified as wave 4 in the Elliott Wave structure. To gauge how far this correction may extend before wave 5 begins, we can apply Fibonacci Retracement. Two key levels stand out: 0.618 and 0.5. At 0.618, we see a strong support zone, but it may not yet be the decisive level for confirming the wave count. If BTC reacts positively here and rallies into wave 5, the Elliott structure remains clean and valid. At 0.5, the level aligns with an ideal Fibonacci retracement ratio and also shows up as an important structural support on the chart. A break below this could trigger deeper downside, as highlighted by the ascending trendline. Long-Term Trading Plan Entry 1: Around Fibonacci 0.618 at 105k Entry 2: Around Fibonacci 0.5 at 99k This outlook fits a medium-term plan, but if the second zone (99k) provides a strong reaction, it could also become the base for a longer-term bullish structure. Stay disciplined, monitor these levels closely, and trade with proper risk management. What’s your view on BTC’s long-term structure? Share your thoughts in the comments.
BINANCE:BTCUSDLong
by BrianLionCapital
2