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BTCUSD trade ideas

BTC/USD: Inside the Channel - Watch for CHoCH"BTC/USD continues to trade within this well-defined ascending parallel channel that has been in place since late September. We've seen a strong push from the lows, bringing the price right up to the top of the channel's resistance area. The market structure is now tight. The recent, smaller pullback established a Minor Change of Character (CHoCH) level. A break below this could signal an immediate shallow pullback inside the channel. The Major CHoCH level is the critical support. Losing this would suggest a more significant corrective move, potentially targeting the channel's midline or lower support. #BTC #Bitcoin #Crypto #TechnicalAnalysis #CHoCH #TradingChannel#HenishMavani
CRYPTO:BTCUSDShort
by henishmavani
2
Beautiful 6R BTC trade scenariosBTC is forming both buy and sell side trades as the price is in critical zone. BTC will possibly give us both side good trades. We need to wait for price getting into right zones. 1. Currently price is moving around daily and 4H gradient levels. 2. 125275 level is creating a gradient cluster of both 1d and 4h time frame. Which may give us a good sell side trade if price show clear reversal signals. 3. There is an 1hour iFVG if price takes liquidity of it, most probably it will touch gradient cluster level and good sell scenario may be confirmed. 4. There are several SIBIs which may be target for it and further buy side reversal trade. 5. Buy side reversal trade may be good trade as overall BTC order flow is upside. 6. Most probably price will take liquidity of FVGs and create MSS/CISD/TS/iFVG in LTF. 7. Price should show rejection/reversal in LTF (5m,1m) at FVG zone. All these combinations are signalling a high probability and 5.5R trade scenario. Note – if you liked this analysis, please boost the idea so that other can also get benefit of it. Also follow me for notification for incoming ideas. Also Feel free to comment if you have any input to share. Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.
DELTAIN:BTCUSD.PShort
by hari_log
2
BTC: TEST OF RISING CHANNEL TOP AND POSSIBLILITY OF FREE FALL• BTC is trading in an upward trending channel for the last 4 years. • It has recently tested the channel top in the last 4 months. • 3 attempts made to break the channel top, but it fails to sustain above 125000. • Aggressive selling happens in last week pushing the price near short term channel bottom. in.tradingview.com • Looking at the intensity of selling it seems it would break the short time frame channel bottom near 108500. • Long term short position could be initiated with a target of T1 near channel mid-point and T2 near channel bottom 55000. • Like to sell long team CE with high premium once the short term channel bottom broken. • Play with money management and keep psychology intact. • Educational purpose only. • Happy trading.
BITSTAMP:BTCUSDShort
by trader_ghosh
3
Bitcoin – Rising Higher, But the Real Battle Is Yet to Begin!Bitcoin continues to trade inside a rising structure , respecting both its long-term support and resistance channels. The trend remains healthy as long as price holds above the 116,000–116,500 support zone , which has been tested multiple times with strong buying reactions. Currently, BTC is approaching a major resistance confluence zone . The chart clearly shows that every previous rejection near this zone has led to profit-booking, but this time the structure looks different, buyers are more confident, and momentum is building from the base levels . If Bitcoin manages to sustain above the minor resistance area , the road opens towards 131,500 levels and beyond . However, traders should remember, such breakouts demand patience, not prediction. The stronger hands will always think in cycles, not candles . The psychology of the market here is simple: every pullback to the rising support attracts accumulation by smart money , while emotional traders exit too early. This phase often separates investors from speculators. Rahul’s Tip : Don’t fear the dips. Fear missing the structure that defines the entire bull leg. If the support holds, this could be the foundation of the next major BTC wave. Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing. Analysis By @TraderRahulPal (TradingView Moderator) | More analysis & educational content on my profile 👉 If you found this helpful, don’t forget to like and follow for regular updates.
BINANCE:BTCUSDLong
by TraderRahulPal
How Liquidity Zones in Forex Mirror in Bitcoin Markets?Hello Traders! If you’ve studied liquidity concepts in Forex trading , you might’ve noticed how similar they behave in the crypto market , especially in Bitcoin. Both markets are driven by liquidity and order flow, not random price movements. Let’s understand how these two worlds mirror each other and how you can use that knowledge to trade smarter. 1. What Are Liquidity Zones? Liquidity zones are price areas where a large number of orders are placed, stop losses, buy/sell limits, or pending entries. Institutions and big players target these zones to execute their large positions with minimal slippage. That’s why price often “hunts” highs or lows before the real move starts. 2. Liquidity Behavior in Forex In pairs like EUR/USD or GBP/USD, liquidity often builds near session highs and lows. Smart money pushes price to these zones to trigger retail stops and grab liquidity. Once liquidity is collected, the market usually reverses in the opposite direction. 3. The Same Psychology in Bitcoin Bitcoin may not be a currency pair, but it runs on the same emotional patterns, fear, greed, and impatience. Liquidity clusters near obvious highs/lows, round numbers (like $60,000 or $50,000), and breakout points. Big players hunt these zones in the same way as in Forex, because crypto markets are even more sentiment-driven. 4. How to Identify These Zones on BTC Charts Mark previous day’s highs and lows, these are classic liquidity targets. Check where price made impulsive moves in the past; those areas often have resting orders. Look for quick “fakeouts” beyond these levels followed by strong rejection, a sign liquidity was grabbed. 5. How to Trade the Mirroring Pattern Wait for liquidity grab candles (spikes above/below key levels). Enter on confirmation of reversal (engulfing or pin bar). Place stops beyond the liquidity wick and target the next range midpoint. Rahul’s Tip: Whether it’s Forex or Bitcoin, the chart structure changes, but human behavior doesn’t . If you understand how liquidity works in one market, you can easily read the traps in another. Conclusion: Liquidity is the universal language of smart money. The same tricks used in Forex, fakeouts, stop hunts, and reversals, repeat daily in Bitcoin charts. Once you learn to spot them, you’ll see that both markets are mirrors of each other in how they trap and move traders. If this post helped you see the connection between Forex and Bitcoin, like it, drop your view in comments, and follow for more deep market insights!
BINANCE:BTCUSDEducation
by TraderRahulPal
Consumption Trends in the Indian Trading Market1. Introduction Consumption trends refer to the patterns and behaviors exhibited by consumers in terms of purchasing goods and services over time. In India, with a population exceeding 1.4 billion, consumption plays a pivotal role in driving economic growth. Retail, e-commerce, FMCG (Fast-Moving Consumer Goods), luxury goods, and digital services are some of the major sectors influenced by consumer spending patterns. In recent years, consumption trends in India have shifted due to urbanization, rising disposable incomes, digital penetration, and changing lifestyles. Analyzing these trends provides valuable insights for traders and businesses to align their strategies with market demands. 2. Factors Driving Consumption Trends Several macro and microeconomic factors influence consumption in India: 2.1 Rising Disposable Income India’s growing middle class has more disposable income than ever before. With steady economic growth and higher employment rates, consumers are spending more on discretionary items like electronics, fashion, entertainment, and travel. 2.2 Urbanization Rapid urbanization has created a surge in modern retail consumption. Tier-1 and Tier-2 cities have witnessed increased demand for branded products, premium services, and online retail platforms. 2.3 Digital Transformation Digital technology has reshaped consumer behavior in India. E-commerce platforms such as Amazon, Flipkart, and Myntra have transformed the way people shop. Digital payments, mobile apps, and online promotions have contributed to convenience and impulse buying. 2.4 Lifestyle Changes The younger generation, especially millennials and Gen Z, prioritize experiences over material goods. Their consumption patterns lean towards travel, wellness, fitness, and technology-driven products. 2.5 Government Policies Government initiatives like Digital India, Make in India, and financial inclusion programs have increased accessibility to products and services across urban and rural regions, boosting overall consumption. 3. Consumption Patterns by Sector 3.1 FMCG (Fast-Moving Consumer Goods) FMCG remains a cornerstone of Indian consumption. Staples like food, beverages, personal care products, and household goods dominate spending. Recent trends show a shift toward organic, health-oriented, and premium products. Rising Health Awareness: Consumers prefer products with natural ingredients and low sugar/fat content. E-commerce Impact: Online grocery shopping has surged, with platforms like BigBasket and Grofers leading the way. 3.2 E-commerce and Digital Consumption E-commerce has revolutionized the Indian market, making products accessible beyond urban areas. Growth of Mobile Commerce: Mobile apps drive more than 70% of e-commerce transactions. Discount Culture: Festive sales and heavy discounts influence consumer behavior, leading to higher transaction volumes. Niche Segments: Fashion, electronics, beauty products, and digital content subscriptions are seeing high online demand. 3.3 Luxury and Lifestyle Products Luxury goods consumption has grown steadily among urban Indians, reflecting aspirations and status symbols. Premium Brands: Demand for high-end automobiles, watches, and fashion brands is rising. Experiential Consumption: People prefer experiences like fine dining, vacations, and wellness retreats over material possessions. 3.4 Technology and Electronics Digital adoption drives significant consumption in electronics, including smartphones, laptops, and smart home devices. Affordability: Competitive pricing of smartphones and appliances has widened consumer reach. Integration with Lifestyle: Smart devices now complement entertainment, work, and fitness trends. 3.5 Rural Consumption Rural India represents a massive consumption base, accounting for nearly half of total consumer spending. Staple Goods: Food, FMCG, and agricultural products dominate. Emerging Demand: Appliances, motorcycles, mobile phones, and digital services are becoming popular as connectivity improves. 4. Emerging Consumption Trends 4.1 Sustainability and Eco-consciousness Consumers increasingly prefer sustainable and eco-friendly products. Brands focusing on packaging, renewable resources, and green initiatives gain trust. 4.2 Subscription-Based Models Subscription services for streaming, meal kits, and curated products are gaining traction. Consumers appreciate convenience and customization. 4.3 Omni-channel Retail Consumers expect a seamless experience across offline and online channels. Retailers offering click-and-collect, virtual try-ons, and personalized services are benefiting. 4.4 Experiential Spending Experience-driven consumption, including travel, fitness, and leisure, is surpassing traditional material spending, especially among millennials. 4.5 Influence of Social Media Social media platforms heavily influence purchasing decisions. Influencer marketing, short video apps, and online reviews have become key drivers of consumption. 5. Impact on Indian Trading Market 5.1 Growth of Retail and E-commerce The retail sector is witnessing unprecedented growth due to changing consumption trends. Organized retail chains, supermarkets, and online platforms are expanding rapidly. 5.2 Increased Investor Interest High consumption fuels business revenues, making sectors like FMCG, e-commerce, and technology attractive for investors. Stock performance of companies catering to changing consumer behavior is closely tied to these trends. 5.3 Supply Chain Evolution Consumption trends are reshaping supply chain strategies. Efficient logistics, warehouse networks, and last-mile delivery are critical to meet demand. 5.4 Dynamic Pricing and Promotions Companies adopt dynamic pricing and targeted promotions to influence buying patterns, particularly in e-commerce and FMCG sectors. 5.5 Product Innovation Consumer expectations push companies to innovate continuously, focusing on personalization, convenience, and sustainability. 6. Challenges and Risks Despite robust growth, consumption trends face challenges: Economic Uncertainty: Inflation, interest rates, and global economic conditions can impact consumer spending. Rural Penetration Barriers: Limited infrastructure and financial literacy may restrict rural consumption growth. Regulatory Hurdles: Taxation and compliance requirements can affect pricing and margins. Changing Preferences: Rapid shifts in consumer preferences may lead to inventory and investment risks for businesses. 7. Future Outlook India’s consumption trends indicate a promising future for traders, investors, and companies. Key predictions include: Rising Digital Consumption: Continued growth in e-commerce and online services. Premiumization: Increased demand for premium, lifestyle, and health-oriented products. Rural Market Expansion: Improved infrastructure and digital access will unlock rural consumption potential. Sustainable Consumption: Brands focusing on eco-friendly products will capture long-term consumer loyalty. Technology Integration: AI-driven personalization, AR/VR retail experiences, and smart devices will reshape buying patterns. Overall, India’s consumption-driven market will remain a critical engine of economic growth, innovation, and global trading opportunities. Businesses and investors who anticipate these trends and adapt accordingly are likely to gain a significant competitive advantage. 8. Conclusion The Indian trading market is evolving rapidly, with consumption trends at its core. From urban tech-savvy buyers to rural emerging consumers, the diversity of preferences demands that traders and companies remain agile. Understanding these trends enables businesses to innovate, investors to strategize, and policymakers to facilitate sustainable growth. India’s consumption story is one of opportunity, fueled by demographic advantage, technological adoption, and a culture of aspiration. The next decade promises to redefine how goods and services are traded, consumed, and valued across the subcontinent.
CRYPTO:BTCUSDEducation
by TechnicalExpress
Bitcoin – Rising Structure Still Intact, Bulls Aren’t Done YetBitcoin (BTCUSD) continues to respect its rising structure , even after a sharp pullback from the resistance zone near 125K. While short-term traders might see this as weakness, price action tells a different story, the overall structure is still intact and favors the bulls. Notice how BTC once again bounced from the ascending trendline support, confirming that institutional buyers are still active around these zones. The recent rejection was from a well-defined major resistance area , but as long as Bitcoin holds above the rising support band, the bias remains positive. A breakout above 125K will open the doors for another impulsive leg toward 130K+ levels . On the downside, any sustained drop below 107K could temporarily shift momentum, but so far, there’s no structural damage visible. Analysis By @TraderRahulPal (TradingView Moderator) If this structure analysis helped you, like and follow for more insights on BTC’s long-term cycles. Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.
BITSTAMP:BTCUSDLong
by TraderRahulPal
BTC/USD Analysis: Bullish Continuation in FocusBitcoin continues to demonstrate strength following its recent recovery. After periods of consolidation and controlled retracement, the market shows clear signs of accumulation, with buyers maintaining momentum. Each upward leg has been supported by liquidity absorption, reflecting steady confidence in higher valuations. The current structure suggests that even if retracements occur, they are likely to serve as a foundation for further expansion. Market behavior highlights resilience, with the broader trend still pointing toward bullish continuation. Bitcoin remains positioned for progressive growth, with sentiment and structure both aligning in favor of buyers.
BITSTAMP:BTCUSDLong
by XAU_EMPIRE
1
BTC/USD: Structure Shift Confirmed - Bearish CHoCH Break"The previous analysis highlighted the Minor and Major CHoCH levels as key lines in the sand for the recent uptrend. The market has now decisively broken BELOW both levels. This action confirms a Bearish Change of Character in the market structure (on the chart), signaling a failure of the current bullish order flow. Minor CHoCH Break : Confirmed the initial weakness and short-term pullback. Major CHoCH Break : Confirms the structural shift, indicating that the corrective move is likely to be deeper than a simple consolidation. We should now anticipate a shift in price action: making Lower Highs and Lower Lows . The previous support levels may now act as resistance. Looking for the next key demand zones for a potential bounce, but the immediate bias is now BEARISH ."
CRYPTO:BTCUSDShort
by henishmavani
BTC → Correction phase before bullish expansionBTC/USD Report-Based Analysis Bitcoin is currently in a corrective phase following a structured upward delivery. After showing strength early in the cycle, the market transitioned into a redistribution and consolidation zone, allowing liquidity to rebalance across both sides. This shift suggests that price is undergoing a short-term reaccumulation before the next impulsive move. The recent break of structure (BOS) indicates a temporary bearish delivery, designed to sweep liquidity below prior demand zones. Smart money appears to be collecting positions in discounted price areas, absorbing sell-side liquidity as volatility expands. The clean liquidity pockets under 116,000–114,000 levels highlight potential mitigation zones where larger participants may seek re-entry. The overall structure remains bullish on the higher timeframe. Once the current correction finalizes and liquidity is efficiently collected, BTC may resume its upward expansion, targeting premium zones near 125,000 and above. Momentum confirmation from volume and market flow will be essential for validating this transition back into a bullish delivery phase. In short, BTC is in a controlled correction, aiming to refine liquidity before reinitiating its bullish macro delivery cycle.
BITSTAMP:BTCUSDLong
by XAU_EMPIRE
BTC is developing ~4R down side tradeBTC has done MSS on 4h time frame and showing rejection at 4H FVG after displacement. We can see a good downside trade once below FVG is mitigated and changed to iFVG. We need to wait for price getting into right zones. 1. Currently price is moving inside 4H FVG after displacement and showing rejection as well. 2. Price should break below FVG and retest. 3. There are several SIBIs which may be target for it and further buy side reversal trade. 4. RSI has already shown bearish divergence. Which support coming down move. 5. Most probably price will take liquidity of FVG and create MSS/CISD/TS/iFVG in LTF. 6. Price should show rejection/reversal in LTF (5m,1m) at FVG zone. 7. Take the trade only once clear any of the entry model i.e. turtle soup. iFVG break, CDS or MSS happens on LTF All these combinations are signalling a high probability and ~4R trade scenario. Note – if you liked this analysis, please boost the idea so that other can also get benefit of it. Also follow me for notification for incoming ideas. Also Feel free to comment if you have any input to share. Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.
DELTAIN:BTCUSD.PShort
by hari_log
BTC/USD – Structure Played Out Perfectly | Major CHoCH ConfirmedAs marked in the previous analysis (shown on the right), BTC/USD respected the channel structure and delivered the expected downside move after confirming both Minor and Major CHoCH (Change of Character) levels. Price reacted beautifully within the ascending channel, failing to hold the upper trendline resistance and then showing a clear structure shift — confirming bearish momentum. This move validates the power of multi-timeframe structure + CHoCH confirmation, which provided an early sign of the reversal. ✅ Bearish CHoCH confirmation at the channel top. 🔹 Strong rejection from upper trendline resistance. 📉 Price broke structure and followed the projected path precisely. ⚙️ Next major support zone sits near 108,500 – 109,000 USD. 🧭 Possible short-term consolidation before continuation. #BTC #PriceAction #SmartMoneyConcepts #CHoCH #TechnicalAnalysis #CryptoTrading #HenishMavani
CRYPTO:BTCUSDShort
by henishmavani
BTCUSD - BITCOIN's Measured MoveCMP: 121000 TF: Daily I don't trade this instrument. I am publishing this from the technical pattern perspective. The rounding bottom target has been achieved 100% target at 122000 and since then the price is getting rejected at that level (almost three times now).. Are we going to reject from here or the next round of buying to push the price towards the next target zone of 140000 measured move range of 2025 (Orange) We could see an Ending diagonal formation at the top. Lets see how this plays out.. Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
CRYPTO:BTCUSD
by Murthy_Santhosh
Part 6 Learn Institutional TradingStrategies, Risks, and Rewards in Option Trading Option trading is not just about buying and selling — it’s about strategy. Traders can design positions that match their view of the market: bullish, bearish, or neutral. Some popular strategies include: Covered Call: Selling call options on a stock already owned to earn premium income. Protective Put: Buying puts to safeguard existing long positions against potential losses. Straddle and Strangle: Using both call and put options to profit from large market movements regardless of direction. Iron Condor: Combining multiple options to earn profit in a range-bound market. Each strategy involves a balance between risk and reward. For example, buying options offers limited risk (the premium paid) but unlimited profit potential, while selling options can provide steady income but expose traders to significant losses if the market moves sharply.
BITSTAMP:BTCUSDEducation
by SkyTradingZone
A strong bullish outlookThe price is currently in a corrective phase, labeled as Wave 4. This consolidation is taking place in the boxed area between roughly $121,000 and $125,000. A future upward movement is projected as Wave 5. The projection (the cyan line) suggesting the price will break out of the current consolidation and head towards new highs. A Fibonacci retracement tool is drawn on Wave 3, and the price found support between the 0.382 and 0.5 levels before bouncing. It is currently hovering just below the prior high. Extension (for Wave 5 Targets): Fibonacci extension levels are used to project potential price targets for the completion of Wave 5. Key targets include: 1.618→$125,449.82 2.618→$127,471.00 3.618→$130,138.25 4.272→$132,429.19 Ichimoku Cloud: The price is trading significantly above the Tenkan-Sen ($116,776.88), Kijun-Sen ($116,776.95), and the Kumo (Cloud). This is a strong bullish signal, indicating a well-established uptrend. Immediate support appears to be around the $121,000 level. Deeper support levels are noted at $109,894.21, $99,516.47, and $94,131.21. The Fibonacci extension levels are acting as the next potential resistance zones. This chart is decidedly bullish. Anticipates that the current consolidation phase (Wave 4) will resolve to the upside, initiating the final leg (Wave 5) of this impulse move. The projected targets for this next wave lie between $125,500 and $132,500, with the drawn path pointing towards an even higher target around $136,000.
BINANCE:BTCUSD
by hilmiyus
Bitcoin Breaks Out of Descending Channel: Supply Zone to Support This 4-hour chart of Bitcoin (BTC/USD) highlights a breakout from a descending channel after a prolonged consolidation phase lasting over 16 days (99 bars). 🔻 A clearly defined supply zone (marked in red) acted as a major resistance area, rejecting price multiple times before the breakout. The breakout above this zone indicates a shift in market structure, with bullish momentum gaining strength. 🟡 The breakout was followed by sustained buying pressure, pushing BTC upwards toward the $118,000 region. Price has since pulled back slightly and is now hovering around $115,500 — retesting the previous resistance zone, now potentially acting as support
BITSTAMP:BTCUSD
by FundedFlexx_
2
A potential significant downturnThe price has recently broken below the Kumo (cloud), which is a strong bearish signal. The cloud was acting as a support zone, and this breach indicates a potential trend reversal to the downside. The Tenkan-sen (red line) has crossed below the Kijun-sen (blue line), which is another classic bearish signal, indicating weakening momentum. The future Kumo (the cloud ahead of the price) is shown in red, forecasting a bearish market sentiment for the upcoming periods. The price has broken down from a major ascending trendline (thick green line), which previously served as support. This breakdown reinforces the bearish case. The price will fall to test the first support level around $109,894. Following a minor bounce, the projection shows a continued drop, breaking through the support at $99,516. The forecast suggests the downtrend could extend further, potentially towards the support levels at $94,131 and even lower into the high $80,000s in the following weeks (late October into November). Support and Resistance Levels: Current Price: ~$114,410 Immediate Support: ~$109,894 Key Support Levels: $99,516 and $94,131 In conclusion, the combination of the price breaking below the Ichimoku cloud and a key support trendline, along with bearish crosses in the Ichimoku system, points to a strong possibility of a downward price movement as projected by the blue line on the chart.
BINANCE:BTCUSD
by hilmiyus
Bitcoin updated levels for next week until 115000 not break sellUntil 115000 not break Bitcoin will be sell on rise updated levels for next week given on chart How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
COINBASE:BTCUSDShort
by EquityCommodityMarketJaiPrakas
Bitcoin H1 Analysis: Shorting the Retracement After Major BrKDWNLet’s analyze your **BTCUSD H1 chart** carefully 👇 --- 🧠 Chart Summary * **Symbol:** BTCUSD * **Timeframe:** H1 * **Current Price:** ~112,309 * **Sell Limit:** 113,041.61 * **Stop Loss (SL):** just above 113,041.61 (roughly near 113,300–113,400) * **Take Profit (TP):** not explicitly shown but likely near 109,000–108,000 based on structure. --- 📊 **Technical Breakdown** 1️⃣ Trend Direction * The pair is **in a clear short-term downtrend** after failing to hold above the **Previous Daily High (≈122,900)**. * Price broke **below 50% and 61.8% Fibonacci retracement levels**, confirming bearish momentum. * **Moving averages (Red = short-term EMA, Yellow = long-term EMA)** are both sloping **downward**, showing strong bearish momentum. 2️⃣ Key Structure Levels * **Previous Daily High:** ~122,900 (Major resistance zone) * **Previous Daily Low:** ~114,700 (Broken → retest expected) * **Sell Limit Level (113,041.61):** Perfectly placed near the **Fibonacci 23.6%–38.2% retracement zone** of the last swing leg. * This is an **ideal “lower-high” retracement entry** in a downtrend. #### 3️⃣ Support Zones Below Immediate support:** 111,800 Next key support:** 109,250 (around your possible TP zone) Weekly low zone:** 108,350 – if that breaks, we could see a deeper push to 106,000. --- ⚙️ **Trade Plan Analysis (Sell Limit 113041.61) | Aspect | Analysis | | --------------------- | --------------------------------------------------------------- | | **Setup Type** | Pullback Sell / Lower-High Entry | | **Bias** | Strongly Bearish | | **Entry Level** | 113,041.61 (Good retracement zone) | | **Stop Loss** | Above 113,400–113,600 (just beyond structure) | | **Take Profit** | 109,200–108,300 (previous support and 100% Fibonacci extension) | | **Risk/Reward Ratio** | ~1:3 or better depending on TP placement | | **Probability** | High – provided retracement completes to your Sell Limit | --- 🔥Confirmation Points Before Entry Triggers If price retraces upward: * Watch for **bearish engulfing** or **rejection candle** near 113,000 zone. * If price fails to break above 113,400, your entry is valid. * If it closes **above 113,600 on H1**, consider canceling the order — it would mean short-term momentum shifted bullish temporarily. --- 🧩 Summary Plan ✅ **Entry:** Sell limit at 113,041.61 ✅ **SL:** 113,400–113,600 ✅ **TP1:** 111,900 ✅ **TP2:** 109,200 ✅ **TP3:** 108,350 📉 **Bias:** Bearish continuation after pullback --- ⚠️Extra Notes * Momentum is strong; if the retracement doesn’t reach 113,000, you might miss the entry — don’t chase. * A secondary entry could form near **112,700** if a fresh rejection candle appears there. * News events or BTC volatility spikes can create fake pullbacks — always watch the **H1 close** for confirmation. -
ICMARKETS:BTCUSDShort
by alphatechfinances