Bitcoin forum
๏ปฟZone: Strong FVG Selling Zone between 111,643 โ 112,526.
Plan: Wait for price to test/reject this zone for a short entry.
โ Signal:
Entry (Sell): 111,643 โ 112,526
Target (TP): 107,517
Stop Loss (SL): Above 112,800
๐ Bias: Bearish Reversal Expected after liquidity grab in selling zone.

Entry (Buy): 109,127 โ 109,173
Take Profit (TP): 124,167 โ 124,258
Stop Loss (SL): 107,537
โ Bias: BUY (Long)
๐ Potential Gain: ~13.5% upside
โ๏ธ Risk/Reward Ratio: ~1:5
โ ๏ธ If BTC closes below 107,537, the bullish setup becomes invalid and further downside may continue.

Trading Analysis for BTCUSD
Entry Reasons for Buy Trade at 109,768:
The price is approaching the 61.8% Fibonacci retracement level from the swing high (124,517) to the swing low (107,270), indicating a potential reversal zone. ๐
RSI divergence shows bullish momentum as the price makes lower lows while RSI forms higher lows, suggesting a possible upward correction. ๐
An order block around 109,700 provides additional support, increasing the likelihood of a bounce. ๐
Entry Reasons for Sell Trade at 112,157:
The price is nearing the 78.6% Fibonacci retracement level, which often acts as a strong resistance area for potential reversals. ๐
RSI divergence indicates bearish momentum as the price reaches higher highs with lower RSI highs, signaling a possible downturn. โ
A Fair Value Gap (FVG) exists around 112,000, suggesting a liquidity grab before a potential sell-off. ๐ผ
Sell Around 109500-109700
SL-110100
TGT- 109000/108700/108400
Note:- Just a view, Trading is risky not suitable for everyone. Trade at your own risk โ ๏ธ
Intraday Trade Plan for BTCUSD
Entry
Buy at: 109,768
Sell at: 112,157
Stop Loss (SL)
Buy Position SL: Set at: 108,500
(This is below the recent swing low and Fibonacci support level)
Sell Position SL: Set at: 112,500
(This is above the recent swing high)
Targets
Target 1 (TP1) for Buy: 111,000
(Near recent resistance)
Target 2 (TP2) for Buy: 112,157
(Previous swing high and sell entry)
๐ Reason for Entry
1. Fibonacci Retracement Support
Recent Swing High: 113,000
Recent Swing Low: 108,000
Analysis: The 61.8% Fibonacci retracement aligns near 109,768, indicating a high-probability reversal zone (golden ratio).
2. RSI Bullish Divergence
Observation: Price created a lower low around 109,768, while RSI (14-period on 15-min/30-min chart) formed a higher low.
Implication: This divergence suggests that bearish momentum is weakening, indicating a potential upside reversal.
3. Price Structure Support
Key Level: 109,768 aligns with a horizontal support zone that has been tested multiple times intraday.
Conclusion: Buyers are actively participating around this crucial psychological level, reinforcing the decision to enter at this point.
Volume: Increasing buy volume around the bounce, supporting bullish momentum.
Risk/Reward Setup:
Entry: ~$111,900 breakout level.
Stop: ~$107,300 (downside risk ~4%).
Target: ~$124,500 (upside potential ~11%).
R:R ratio: Approx 1:3, favorable for long positions.

Swing Trade Plan
Entry
Buy at: 109,768
Stop Loss (SL)
Set at: 108,500
(Below Fibonacci 78.6% and structure support)
Targets
Target 1 (TP1): 111,000
(Near intraday resistance)
Target 2 (TP2): 112,500
(Further resistance based on previous price action)
๐ Reason for Entry
1. Fibonacci Retracement Support
Recent Swing High: 113,000
Recent Swing Low: 105,000
Analysis: The 61.8% Fibonacci retracement aligns near 109,500, a high-probability reversal zone (golden ratio).
2. RSI Bullish Divergence
Observation: Price created a lower low around 109,500, while the RSI (14-period) formed a higher low during the same period.
Implication: This divergence indicates that bearish momentum is weakening, suggesting a potential upside reversal.
3. Price Structure Support
Key Level: 109,500 aligns with a horizontal support zone that has been tested multiple times.
Conclusion: Buyers are showing activity around this significant psychological level, reinforcing the decision to enter at this point.
Currently trading near the resistance zone (111,522 โ 112,266$).
Strong support zone around 110,475 โ 109,953$.
If resistance rejects, price may retest lower levels near 107,506$ (target point).
๐ Strategies
1. Resistance Short Setup (High Probability)
๐ Entry: 111,500 โ 112,200$
๐ฏ Target: 107,500$
๐ Stop Loss: 112,600$
2. Breakout Long Setup (If Channel Breaks Upward)
๐ Entry: Above 112,300$ (confirmed breakout)
๐ฏ Target: 113,200 โ 114,000$
๐ Stop Loss: 111,500$
โ Summary:
At this point, BTC is at resistance โ high chance of short-term pullback ๐.
If bulls break above 112,300$, momentum can shift bullish ๐.
