BTCUSD DAILY TECHNICAL ANALYSIS ๐
OVERALL TREND
๐ UPTREND โ Momentum has surged, with multiple bullish candles breaking out above prior consolidation. Structure suggests a bullish continuation unless rejected at key resistance.
๐RESISTANCE ZONES
๐SUPPORT ZONES
๐OSCILLATOR SIGNALS
๐MOVING AVERAGES ALIGNMENT
๐คSTRUCTURAL NOTES
TRADE OUTLOOK ๐
๐งชSTRATEGY RECOMMENDATION
CONSERVATIVE BULLISH PLAY:
โ Entry: 92,012.50
โ TP Targets: 96,169 / 102,576 / 104,355
โ SL: Below 86,027
AGGRESSIVE SWING SCALP:
โ Sell Orders @ 104,355 or 107,877
โ TP: 96,169 / 92,012
โ SL: Above 109,618
โDiscipline | Consistency | PAY-tienceโขโ
OVERALL TREND
๐ UPTREND โ Momentum has surged, with multiple bullish candles breaking out above prior consolidation. Structure suggests a bullish continuation unless rejected at key resistance.
๐RESISTANCE ZONES
- ๐ด 109,618.40 โ PIVOT HIGH | Resistance Level
- ๐ด 107,877.89 โ SELL ORDER II
- ๐ด 104,355.29 โ SELL ORDER I
๐SUPPORT ZONES
- ๐ข 102,576.04 โ EXIT BUY | TP 4
- ๐ข 96,169.15 โ BUY ORDER | TP 3
- ๐ข 92,012.50 โ BUY ORDER | TP 2 | Mid-Pivot
- ๐ข 86,027.66 โ BUY ORDER | TP 1
- ๐ข 79,908.44 โ BUY ORDER II
- ๐ข 76,167.19 โ BUY ORDER I
- ๐ข 74,406.60 โ PIVOT LOW| Support Level
๐OSCILLATOR SIGNALS
- RSI: 67.98 โ Neutral, approaching overbought
- MACD: 1,629.47 โ ๐ Bullish crossover
- Momentum: 10,006.19 โ ๐ Strong upward push
- Stoch RSI: 100.00 โ ๐ Extremely overbought, caution warranted
- Williams %R: โ5.30 โ ๐ป Sell signal (overbought territory)
๐MOVING AVERAGES ALIGNMENT
- All major EMAs & SMAs (10 through 200) are flashing BUY
- HMA (9): 92,191.54 โ supports current bullish thrust
- Ichimoku Base: 84,535.45 โ below price, further confirms bullish bias
๐คSTRUCTURAL NOTES
- BTCUSD has cleared a long-term pivot range with conviction โ first time in over 2 months
- Price now testing supply zone between 102K and 104K
- Break above 104K could trigger acceleration toward 107.8K and possibly 109.6K
- Pullback scenarios would likely retest 96.1K or 92K (TP zones 2 & 3)
TRADE OUTLOOK ๐
- ๐ Long bias remains strong above 92,012 with targets toward 107.8K and 109.6K
- ๐ Short-term profit-taking or rejections possible in 102.5Kโ104.3K zone
- ๐ Watch for confirmation of breakout or rejection from dynamic resistance at 109.6K
๐งชSTRATEGY RECOMMENDATION
CONSERVATIVE BULLISH PLAY:
โ Entry: 92,012.50
โ TP Targets: 96,169 / 102,576 / 104,355
โ SL: Below 86,027
AGGRESSIVE SWING SCALP:
โ Sell Orders @ 104,355 or 107,877
โ TP: 96,169 / 92,012
โ SL: Above 109,618
โDiscipline | Consistency | PAY-tienceโขโ
Professor C. E. Ward
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Professor C. E. Ward
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.