Secure profits for BTC long
Chart Analysis - TradingView (Bybit Perpetual Contract - 1D)
🔍 Overview of the Market Structure
Trend & Channel Analysis
BTC is moving within a well-defined ascending parallel channel, maintaining an upward trajectory.
However, price action has been stagnant and consolidating near mid-channel resistance.
The lower blue trendline serves as support, while the upper blue trendline remains resistance.
BitcoinMF PRO Indicator Signals
Long Signal (Triggered 3 Days Ago) → A long setup was activated at ~96,614 USDT.
Since the entry, BTC has moved up slightly but without a major push yet.
Risk Assessment: Entering now carries more risk than the original entry—as price is approaching key resistance.
Key Support & Resistance Levels
Immediate Resistance: $100,475 - $103,439
Major Resistance Zone: $111,108
Key Support: $96,614 (Recent Buy Signal Level)
Deeper Supports: $88,887 (Liquidation Cluster), $81,374 (Major S/R Flip), $73,115 (Worst-Case Drop)
Bollinger Bands & Volatility Check
The price is hugging the mid-band, suggesting low volatility.
If BTC breaks above the middle line, a move towards the upper band (~$103,000) is likely.
If BTC gets rejected, it may retest the lower band (~$96,000).
📊 Indicators & Momentum Readings
Fisher Transform (Bottom Indicator - NOT Stoch RSI)
The Fisher Transform has started to curl up from a previous oversold region.
This is a bullish sign but still lacks full confirmation of a strong upward impulse.
Volume & Open Interest
Volume is decreasing, indicating a lack of conviction in the move.
A sudden increase in volume could confirm the direction.
Liquidation Zones & Stop Loss Clusters
Bearish Scenario:
A drop below $96,000 could trigger short-term stop losses, leading to a potential wick down to $88,000.
Bullish Scenario:
A break above $100,500 could squeeze short positions, leading to $103,000-$111,000.
🔮 Next Move Probability & Prediction
Scenario 1: Bullish Breakout (🚀)
Probability: 6.5/10 (Moderate Probability)
Reasoning:
✅ BTC is still within an uptrend
✅ The last long signal was valid and still in play
✅ Fisher Transform curling up (potential strength building)
❌ Low volume & indecision holding BTC back
Confirmation Needed:
A daily close above $100,500 with strong volume.
If that happens, a run to 103K - 111K is likely.
Scenario 2: Consolidation & Fakeout (😴)
Probability: 3/10 (Low Probability)
Reasoning:
✅ BTC has been consolidating sideways for a while
❌ However, the trend is still intact
Scenario 3: Drop to Key Supports (📉)
Probability: 4.5/10 (Moderate Probability)
Reasoning:
✅ If BTC fails to break above $100,500, short-term sellers may take control.
✅ A wick down to $96,000 or $88,000 remains possible.
⚠️ Trading Strategy & Risk Management
📌 If Already Long (From 3 Days Ago)
Secure Partial Profits Now
Adjust Stop-Loss to $96,500
If BTC hits $100,500, move SL to breakeven and ride the trend.
📌 If Looking for a New Entry
Safer Option: Buy if BTC closes above $100,500 (Confirmed Breakout)
Riskier Option: Buy if BTC retraces to $96,500 (Retest Entry)
🧠 Jewish Wisdom - Trading Psychology
“A fool and his money are soon parted.” — King Solomon
This is especially true in crypto trading. Patience and risk management are key. Many traders FOMO into positions AFTER a signal has already been confirmed—only to buy at the worst price. Instead, focus on precision, discipline, and proper stop-loss placement.
📢 Final Verdict
➡ Current BTC Probability Rating: 6.5/10 for Upside
➡ Securing profits from previous longs is smart
➡ New longs should wait for a confirmed breakout or retracement
🔍 Want better real-time entries? Upgrade your TradingView setup with BitcoinMF PRO. 🚀
🔍 Overview of the Market Structure
Trend & Channel Analysis
BTC is moving within a well-defined ascending parallel channel, maintaining an upward trajectory.
However, price action has been stagnant and consolidating near mid-channel resistance.
The lower blue trendline serves as support, while the upper blue trendline remains resistance.
BitcoinMF PRO Indicator Signals
Long Signal (Triggered 3 Days Ago) → A long setup was activated at ~96,614 USDT.
Since the entry, BTC has moved up slightly but without a major push yet.
Risk Assessment: Entering now carries more risk than the original entry—as price is approaching key resistance.
Key Support & Resistance Levels
Immediate Resistance: $100,475 - $103,439
Major Resistance Zone: $111,108
Key Support: $96,614 (Recent Buy Signal Level)
Deeper Supports: $88,887 (Liquidation Cluster), $81,374 (Major S/R Flip), $73,115 (Worst-Case Drop)
Bollinger Bands & Volatility Check
The price is hugging the mid-band, suggesting low volatility.
If BTC breaks above the middle line, a move towards the upper band (~$103,000) is likely.
If BTC gets rejected, it may retest the lower band (~$96,000).
📊 Indicators & Momentum Readings
Fisher Transform (Bottom Indicator - NOT Stoch RSI)
The Fisher Transform has started to curl up from a previous oversold region.
This is a bullish sign but still lacks full confirmation of a strong upward impulse.
Volume & Open Interest
Volume is decreasing, indicating a lack of conviction in the move.
A sudden increase in volume could confirm the direction.
Liquidation Zones & Stop Loss Clusters
Bearish Scenario:
A drop below $96,000 could trigger short-term stop losses, leading to a potential wick down to $88,000.
Bullish Scenario:
A break above $100,500 could squeeze short positions, leading to $103,000-$111,000.
🔮 Next Move Probability & Prediction
Scenario 1: Bullish Breakout (🚀)
Probability: 6.5/10 (Moderate Probability)
Reasoning:
✅ BTC is still within an uptrend
✅ The last long signal was valid and still in play
✅ Fisher Transform curling up (potential strength building)
❌ Low volume & indecision holding BTC back
Confirmation Needed:
A daily close above $100,500 with strong volume.
If that happens, a run to 103K - 111K is likely.
Scenario 2: Consolidation & Fakeout (😴)
Probability: 3/10 (Low Probability)
Reasoning:
✅ BTC has been consolidating sideways for a while
❌ However, the trend is still intact
Scenario 3: Drop to Key Supports (📉)
Probability: 4.5/10 (Moderate Probability)
Reasoning:
✅ If BTC fails to break above $100,500, short-term sellers may take control.
✅ A wick down to $96,000 or $88,000 remains possible.
⚠️ Trading Strategy & Risk Management
📌 If Already Long (From 3 Days Ago)
Secure Partial Profits Now
Adjust Stop-Loss to $96,500
If BTC hits $100,500, move SL to breakeven and ride the trend.
📌 If Looking for a New Entry
Safer Option: Buy if BTC closes above $100,500 (Confirmed Breakout)
Riskier Option: Buy if BTC retraces to $96,500 (Retest Entry)
🧠 Jewish Wisdom - Trading Psychology
“A fool and his money are soon parted.” — King Solomon
This is especially true in crypto trading. Patience and risk management are key. Many traders FOMO into positions AFTER a signal has already been confirmed—only to buy at the worst price. Instead, focus on precision, discipline, and proper stop-loss placement.
📢 Final Verdict
➡ Current BTC Probability Rating: 6.5/10 for Upside
➡ Securing profits from previous longs is smart
➡ New longs should wait for a confirmed breakout or retracement
🔍 Want better real-time entries? Upgrade your TradingView setup with BitcoinMF PRO. 🚀
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.
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.