Upper Wick Rejection Candle 🔶 (Orange Circle)
🔍 Candle Breakdown | July 14, 2025
• Opened near the lows
• Rallied intraday to $123K (ATH)
• Closed well off the highs, just above $119K
• Long upper wick = rejection of higher prices
• Elevated volume = signal is valid, not noise
🧠 Translation: Bulls charged into resistance. Sellers didn’t flinch — absorbed the move and slammed price back down. The result? “Exhaustion Candle.”
📦 Exhaustion Zone (Purple Box)
This is the real battlefield. If BTC fails to close above 119.5K by Friday, we likely get Manipulation over the weAkend:
🔄 Chop & Range Behavior
• Consolidation between ~115K support and ~120K resistance
• Classic pause before either expansion or collapse
🔻 Retrace Scenarios
• 21 EMA at $113K
• Breakout retest near $111K
💡 If we close the weAk closer to $111K than $125K… gravity’s working in favor of the HIGH powered short Zone again!
MMM still sTRONg — but without a decisive breakout above $125K, I might just be dancing with the market makers for once.
🧘♂️ Breathe in. Kill the ego. sTAY sHARP. Execute.
100% not financial advice, for edutainment purposes only!
🔍 Candle Breakdown | July 14, 2025
• Opened near the lows
• Rallied intraday to $123K (ATH)
• Closed well off the highs, just above $119K
• Long upper wick = rejection of higher prices
• Elevated volume = signal is valid, not noise
🧠 Translation: Bulls charged into resistance. Sellers didn’t flinch — absorbed the move and slammed price back down. The result? “Exhaustion Candle.”
📦 Exhaustion Zone (Purple Box)
This is the real battlefield. If BTC fails to close above 119.5K by Friday, we likely get Manipulation over the weAkend:
🔄 Chop & Range Behavior
• Consolidation between ~115K support and ~120K resistance
• Classic pause before either expansion or collapse
🔻 Retrace Scenarios
• 21 EMA at $113K
• Breakout retest near $111K
💡 If we close the weAk closer to $111K than $125K… gravity’s working in favor of the HIGH powered short Zone again!
MMM still sTRONg — but without a decisive breakout above $125K, I might just be dancing with the market makers for once.
🧘♂️ Breathe in. Kill the ego. sTAY sHARP. Execute.
100% not financial advice, for edutainment purposes only!
Trade active
🔻 BTC Exhaustion Zone Update📉 Bias: Leaning Bearish — unless BTC reclaims $118.8K+
🎯 Support: $117.2K 🚨 Break below = continuation to $115.5K → $113.7K
🤓 Unbiased Take
• Macro trend = bullish, but short-term momentum is fading
• BTC is compressing across timeframes — coiling for a volatile breakout
•🐂 MUST defend $117K or the bears get the steering wheel
✅ Bullish Case • Wait for a strong close w/ volume reclaiming $118.8K • Targets: $119.5K, then $120.5K • Above that, we retest ATH
✅ Bearish Case
• Look to short failed bounces under $118.3K
• Breakdown confirmed w/ close below $117.1K
• Targeting the flush: $115.5K → $113.7K
🕰 Today’s Close: $118,014 😅Closer to $125K than $111K, sure — but momentum is leaking.
⚠️ If we drop back below the exhaustion zone, next stop is $115K. And if that cracks?
The High Power Short Zone stays alive... and the gravitational pull gets heavier.
📉 Better to take the air-conditioned elevator down late than jump out the window with the bears.
Stay Sharp! Compression breeds chaos.
Stay Safe! The 🐋R hUNTING!
100% not financial advice, for edutainment purposes only!
Trade closed: target reached
🔄 BTC Update: Compression Getting Critical⏳ 4H Swing Analysis
• BTC has now headbutted $118.4K–$118.5K resistance multiple times — and each time, it walked away dizzy.
• We’re hovering above $117.3K support, but the floor’s creaking.
• Sideways chop = classic bearish distribution under resistance.
• RSI: 45.56 → Weak side of neutral.
🟥 Bias: Bearish while below $118.2K
📉 Close below $117.2K = breakdown confirmed
📈 Reclaim of $118.5K? Lights the short squeeze fuse
________________________________________
🗓 Daily Chart Structure Check
• Still stuck in the “Exhaustion Zone” — that awkward in-between place where bulls get tired and bears wake up.
• Price is quietly creeping toward the Swing Low (D) — and that’s no 🐂.
• RSI: 63 — not dead, but starting to roll over like it needs a nap.
• Volume fading = typical pre-breakout/pre-breakdown behavior.
🟡 Bias: Macro trend remains bullish… but short-term structure is starting to wobble.
🔔 Daily close below $117.2K = High Powered Short Zone is ALIVE
🔺 Daily reclaim of $118.8K = Bears get booted
________________________________________
⚠️ If BTC breaks down this week, the trap door opens:
📉 Likely drop zone = $111K → $109K
The tape is coiled, and this spring doesn’t wind forever.
One direction's about to snap. Choose your side wisely.
Stay Sharp. Execute the Plan!
100% not financial advice, for edutainment purposes only!
Note
Trade was not closed: target not reached... YetNote
✅ Bullish Structure• Strong recovery candle off 116.5K
• RSI at 69 and rising → strong momentum, edging toward overbought
• Testing breakout from short-term range: 119.8K–120K
⚠️ Caution Flags
• Still inside “Exhaustion Zone”
• Small-bodied candles clustering → possible stall
• No volume surge yet → needs confirmation or this could be a lower high
📈 Bull Case: Needs breakout over $122.5k w/ volume soon
📉 Bear Case: Lose 117.2K = risk opens back to 115.5K
Fat thumb clicked the wrong button again: Follow the trade here:
For crypto charts, trading insight and the patterns in my head.
Follow on X: @TheAlphaView
🧠Stay Sharp! Stack Sats!🪙
Follow on X: @TheAlphaView
🧠Stay Sharp! Stack Sats!🪙
Related publications
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.
For crypto charts, trading insight and the patterns in my head.
Follow on X: @TheAlphaView
🧠Stay Sharp! Stack Sats!🪙
Follow on X: @TheAlphaView
🧠Stay Sharp! Stack Sats!🪙
Related publications
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.