BTC Overextended: Awaiting the Perfect Pullback for a BuYBTC/USDT Analysis – 1D Timeframe
Bitcoin is currently looking overextended on the daily chart 📈, with price action pushing directly into a well-defined key resistance level 🚧. This area has historically acted as a strong supply zone, and with momentum appearing stretched, I’m anticipating a potential retracement in the near term.
My plan is to wait for BTC to pull back towards previous support zones Around the 61.8 Fibo level🛡️. I have a clear Point of Interest (POI) marked out, where I’ll be watching for price to react. If we see a bullish Break of Structure (BOS) on the pullback—I’ll be looking for a long entry from this area 🎯.
Key Levels to Watch:
Resistance: Current daily highs (where price is overextended) 🚩
Support/POI: Previous consolidation and demand zones below, which have shown strong buying interest in the past 🏦
Trade Plan:
- No FOMO entries at resistance! ❌
- Wait for a clean retrace into my POI
- Look for bullish confirmation (BOS) on lower timeframes before entering long ✅
- Manage risk accordingly and trail stops if the move plays out
Summary:
Patience is key here. I’m not interested in chasing price into resistance. Instead, I’ll let the market come to me and only act if my criteria are met. If BTC gives us the pullback and a bullish BoS, I’ll be ready to take the trade. Until then, I’m on the sidelines and monitoring price action closely 👀.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk appropriately. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. 🚨
BTC-D
BTC NEXT MOVE?🚀 Bitcoin (BTC) Market Update
We are expecting a small dip in Bitcoin's price, potentially down to the 89,000–90,000 USD zone. From that level, we anticipate a strong rally toward 101,000 USD, as highlighted in the chart.
📈 This move could also lead Bitcoin toward making a new all-time high!
Stay patient and follow the setup carefully.
EURJPY BULLISH OR BEARISH DETAILED ANALYSIS ??EURJPY is currently trading around 162.800 and showing clear bullish momentum after a clean bounce off a strong support zone. Price has been consolidating above a well-established demand area, and today's candle confirms renewed buyer interest. The reaction from this level highlights a potential shift back to the upside, with 169.000 marked as the next significant target. The rejection wicks and structure suggest accumulation, with the market gearing up for a bullish continuation.
From a fundamental perspective, the euro is gaining strength on the back of better-than-expected economic data across the eurozone, while the Japanese yen continues to face broad pressure due to the Bank of Japan's dovish stance. The BOJ remains committed to ultra-loose monetary policy, which puts the yen at a disadvantage against stronger currencies like the euro, especially when inflation expectations in Europe remain sticky.
Technically, EURJPY has respected this support zone multiple times, creating a solid base of demand. Each test has been met with higher lows, reinforcing the bullish bias. The price action is forming a classic support-retest continuation pattern, and if this structure holds, we could see a swift move toward 169.000. Volume and momentum indicators are also beginning to align in favor of the bulls.
Looking forward, as long as price holds above the 162.200 area, the path of least resistance remains upward. Traders will be watching for continuation signals and breakouts of minor resistance zones to confirm the move. This setup offers a favorable risk-reward structure, and with market sentiment tilting toward euro strength, EURJPY has the potential to deliver solid gains in the coming sessions.
Bitcoin (BTCUSD) – Bullish Continuation SetupBitcoin is showing strong bullish structure on the daily timeframe, having broken out of a key range and now approaching a potential retest zone.
Price is currently hovering around 96,990, and we’re anticipating a possible retracement into the demand zone between 91,856 – 88,533. This area aligns with a previous consolidation and breakout range, offering a high-probability buy zone if price reacts with bullish intent.
📌 Key Technical Highlights:
Break of structure confirms bullish bias
Demand zone identified between 91.8K – 88.5K
Anticipating a retracement for continuation
Bullish targets toward 100K+
We’ll be watching lower timeframes for confirmation (engulfing candles, bullish BOS, or SFPs) before entering long.
Bitcoin Analysis - 7 MayThe price continues to move within the range of $91,700 - $100,400.
In approximately 3 hours, the FED will announce its interest rate decision.
The expectation is for it to remain unchanged.
If it remains unchanged;
there could be a horizontal consolidation between 94,990 – 97,500.
If a breakout occurs, the upward movement will accelerate; otherwise, there could be a pullback to the 91,781 – 94,990 levels.
If the interest rate is reduced;
the psychological resistance at 100,400 USDT may be tested, and if surpassed, the target of 109,605 (ATH) comes into play.
If the interest rate is increased;
the supports at 94,990 USDT and below could be tested quickly.
The levels of 91,781 and 85,085 USDT become potential targets.
With stronger selling, the support zone at the 2024 ATH level of 73,776 USDT may come into play.
SUI – Long Trade Setup After Trend ReversalSUI has broken out of its downtrend, hitting all prior upside targets and now pulling back toward a key support area and the 200-day EMA, potentially forming a higher low—an ideal spot for re-entry.
🔹 Entry Zone:
Around $2.80
🎯 Take Profit Targets:
🥇 $3.40 – $3.60
🥈 $4.00 – $4.20
🥉 $5.00 – $5.20
🛑 Stop Loss:
Daily close below $2.20
📌 Strategy Notes:
Look for bullish confirmation (e.g., wick rejections, bullish engulfing candle) near $2.80
Structure remains intact as long as price holds above $2.20
EMA retests often precede strong continuation if trend strength remains
ADA (Cardano) – Long Spot Trade Setup at SupportCardano has pulled back to a key support zone around $0.66, providing a potential entry opportunity for a long spot position as the broader structure attempts to hold.
🔹 Entry Zone:
$0.66
🎯 Take Profit Targets:
🥇 $0.80 – $0.84
🥈 $0.98 – $1.02
🛑 Stop Loss:
Just below $0.59 (to protect against deeper breakdowns)
BTC/USD: The Bull Run Isn’t Over yet! (READ THE CAPTION)By analyzing the #Bitcoin chart on the weekly timeframe, we can see that price has finally started rising as expected and has hit all our targets, breaking above $100,000. Bitcoin is currently trading around $103,000, and now we must wait to see if it gets rejected from this level. If there's no rejection and price breaks and holds above $110,000, we could expect higher targets around $130,000 and even $163,000 in the coming weeks. So far, this analysis has delivered over 39% return!
The Previous Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Bitcoin Breaks Wedge! Correction Coming Before Next Leg? After Trump said in the press conference, " Better go out and buy stocks now ." The SPX500 index started pumping , and as I said in the ideas of the last few days, Bitcoin ( BINANCE:BTCUSDT )'s correlation with this index has increased. Bitcoin also started pumping.
Yesterday's Bitcoin pump succeeded in failing the Ascending Broadening Wedge Pattern , generally, if the reversal pattern fails, it will play a continuation role .
Bitcoin is moving between the Support zone($100,270-$97,700) and the Resistance zone($109,588-$105,865) . The question is whether Bitcoin will touch the Support zone($100,270-$97,700) again and move towards the Resistance zone($109,588-$105,865) or will it continue its upward trend.
In terms of Elliott Wave theory , it seems that Bitcoin has completed microwave 3 of the main wave 5 . We can expect an even Time Correction on Saturday and Sunday when trading volume is low . There is also a possibility that microwave 4 of the main wave 5 in Cumulative Long Liquidation Leverage($101,838-$101,432) will be completed.
One of the reasons I think we should wait for a correction is the USDT.D% ( CRYPTOCAP:USDT.D ) chart, which we used as a guide in previous ideas .
USDT.D% has reached Monthly Support(1) and a Heavy Support zone(4.73%-4.50%) , which I believe is unlikely to be broken within in first attack , and I expect an increase to the Fibonacci lines on the chart.
I expect Bitcoin to start rising again after a correction .
Cumulative Short Liquidation Leverage: $105,114-$104,100
Note: If Bitcoin touches $97,500, we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Later, Bitcoin!Bitcoin remains in a long-term bullish trend, but it currently appears significantly overvalued relative to gold. The recent breakout, followed by a re-test of the upsloping wedge formation, suggests that bullish momentum may be waning. This could indicate that capital is beginning to rotate out of Bitcoin. As a result, it may be more prudent to revisit the market in one to two years ahead. This shift may also mark the beginning of a potential altcoin season.
USDJPY BULLISH OR BEARISH DETAILED TECHNICAL AND FUNDAMENTALSUSDJPY is currently trading around 145.300 and showing clear signs of bearish pressure from the upper resistance of a broad ascending channel. The market structure suggests a potential rejection, and price action confirms the formation of a rising wedge pattern—a classically bearish setup indicating an upcoming correction. With momentum slowing and sellers starting to step in, I anticipate a move toward the 143.500 zone as price seeks support near the lower trendline.
From a fundamental standpoint, the US dollar is experiencing slight weakness today following softer-than-expected jobless claims data and a cooling CPI projection. Meanwhile, the Japanese yen is finding strength from renewed risk-off sentiment and speculation that the Bank of Japan may subtly shift its ultra-loose stance if inflationary pressures persist. This macro backdrop adds more weight to the potential downside in USDJPY over the next few sessions.
Technically, the price has tested the 146.000 resistance zone multiple times but failed to break above it with conviction. This repeated rejection near the top of the channel adds credibility to the bearish outlook. A breakdown from the rising wedge would likely accelerate selling pressure, pushing USDJPY toward the 143.500 level, which aligns well with previous demand zones and the channel’s lower boundary.
I’m closely watching for confirmation below the 145.000 level, which would act as a trigger for short positions. With risk-reward favoring the bears and fundamentals aligning with the technical setup, this is a solid opportunity for those looking to capitalize on a potential pullback in USDJPY.
Bitcoin Just Blasted Through $100K – Why $108K & $115K Are Next!
Summary
Bitcoin has staged a clear turnaround after holding support near $76K in April and reclaiming critical dynamic resistances at $89.3K and $96.7K. On May 8, BTC printed a powerful rally candle that peaked at $102.7K, signaling a potential shift from range-bound chop back into an up-trend. This piece unpacks the price structure, macro drivers, and key levels, and lays out the scenarios for the next leg higher or a corrective pullback.
Macro & Sentiment Backdrop
Macro liquidity ebb & flow: Recent dovish commentary from the Fed reduced forward rate-hike risk, restoring confidence in risk assets.
Regulatory clarity: transparent guidelines in major markets continue to draw fresh institutional capital.
Network health: On-chain metrics such as rising active addresses and declining exchange inflows reinforce supply scarcity narratives.
Chart Structure & Technical Evolution
Declining volatility and volume contraction characterized the consolidation phase.
Dynamic Resistance Breaks
R1 (~$89.3K) & R2 (~$96.7K) (grey/green labels) had capped rallies in mid-April and late-April.
The decisive May 8 candle surged through both, converting them into short-term support pivots.
Current Momentum
A long green daily bar with above-average volume implies genuine buying demand (not a thin-market spike).
Price now trades above $100K, a major psychological and technical threshold.
Key Levels & Zones
Level Type Significance
$108K Static Supply Prior swing high; first major profit‐taking zone
$102.7K Recent Peak Near‐term resistance; tag of psychological $100K
$96.7K Dynamic R2 → Support Ideal retest area for dip buyers
$89.3K Dynamic R1 → Support Secondary support if $96.7K fails
$76K–$78K April Range Support Invalidation zone for bullish thesis
Bullish vs. Bearish Scenarios
Bullish Path
Retest & Hold: A pullback into $96.7K–$100K on lighter volume that finds support would validate the breakout.
Accelerate Toward $108K: A sustained move above $102.7K with daily closes above $104K clears the way to challenge the $108K supply zone and beyond.
Bearish Risk
Rejection at $102.7K: Failure to close convincingly above peak time resistance could trigger profit-taking and a swift drop to $96.7K.
Breakdown Below $89.3K: A daily close back under the first support zone would re-trap bullish participants, risking a deeper pullback into the April range near $76K–$78K.
Is $108K or $115K Next? No one knows
Follow the momentum and Trend
If Ethereum behaves like $BTCIf Ethereum behaves like CRYPTOCAP:BTC , which after breaking through the downward channel continued to grow without a rollback, then soon we will see our Favorite Ether at $2500.
The altcoin season will come after the growth of Ether, but there will not be enough Liquidity for everyone!
Projects that are alive, working, and earning will grow.
Projects should have realized - It's time to take responsibility and independently ensure the Liquidity of their Tokens at the expense of income from the Business Model, and not live at the expense of VCs with a printing press.
#RateXAI #RAA token
btc . tue . recapApproaching the cmLow during 2/4pm (utc+2) on tuesday, brought the tiny SFP liquidity and and a NO LOOK BACK push upwards. The SHORT wasn't taken as the the bounce showed no weakness
The intraday LONG turned out to be a runner.
entry . 93454
tp1 . 94854 . +1.5%
- this seems a 'too early tp', correct but: thought as an intraday . securing the daily minimum: PROFIT TAKEN
tp2 . 100477 . +7.5%
tp3 . 103626 . +10.8%
The long entry is now at average 94863 . ish prv tp1
- I was waiting for lower, to add LONG position size
But upon not seeing follow through and strong bounces on lower TFs, I went with a 30% of original trade size addition during wednesday 8/10pm.
Now it's 10:30am, we've just pushed another 1h leg higher. I'll ride this to my next TPs, bigger reactions at this point I see only at higher prices.
This thing is BULLISH
(always hungry for good SHORT trades, but paytient for reactions)
BTC/USD 1D chart ReviewHello everyone, let's look at the 1D BTC chart for USD, in this situation we can see how the price came out of a strong downward trend, which gave a strong upward movement for the price. Going further, let's check the places of potential target for the price:
T1 = 96592 $
T2 = 101878 $
Т3 = 109442 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 92363 $
SL2 = 89028 $
SL3 = 83498 $
SL4 = 79350 $
Looking at the RSI indicator, we can see that despite a small price change, the indicator strongly reacted what potentially can give energy to further price increases in the coming weeks.
Bitcoin is Overbought, but $100,000 Target is Still at HandFenzoFx—Bitcoin is overbought at $97,000, a signal indicated by the Stochastic Oscillator. The price is expected to consolidate before the uptrend resumes. In this scenario, a dip toward $93,565 may provide a favorable entry point into the bull market.
Watch this level, followed by $91,720, for bullish signals such as candlestick patterns.
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Bitcoin Still Stuck in Resistance – Eyes on CME Gaps & USDT.D%Bitcoin ( BINANCE:BTCUSDT ) touched $92,830(first target) and started to rise as I expected in the previous idea . Overall, Bitcoin has been moving in a range for about 12 days .
Note : In general, trading in a range market is more difficult than in a trending market . If your performance in a range market is not good, it is better not to trade until the trend is clear (this is just a suggestion).
Bitcoin is currently trading at a Heavy Resistance zone($95,950-$88,500) and has failed to break through it, and it seems like Bitcoin needs more momentum to break through this zone. Do you think Bitcoin will finally break through the Heavy Resistance zone($95,950-$88,500)?
In terms of Elliott Wave theory , it appears that Bitcoin has completed a five-wave impulsive and we should expect Corrective waves .
The analytical conditions of the Bitcoin chart have been a bit ambiguous in the past few days, so it's better to take a look at the USDT.D% ( CRYPTOCAP:USDT.D ) chart to increase the accuracy of Bitcoin analysis .
USDT.D% failed to break the Support zone(5.13%-4.95%) after several attacks. It currently appears to be forming an Ascending Broadening Wedge Pattern . It appears that USDT.D% needs to complete this pattern to break the support zone, and if this pattern fails , we should expect further increases =Bitcoin crash .
I expect Bitcoin to decline to the Support zone($92,910-$91,414) , 21_SMA(Weekly) and Cumulative Long Liquidation Leverage($93,359-$92,296) and probably fill the CME Gap($92,525-$91,415) this time and then start to rise and prepare to break the Heavy Resistance zone($95,950-$88,500) and fill the CME Gap($97,680-$96,455) .
Cumulative Short Liquidation Leverage: $98,989-$97,924
Note: If Bitcoin breaks below the Support zone($92,910-$91,414), we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC New Update (8H)This analysis is an update of the analysis you see in the "Related publications" section
In the previous scenario, we considered that Bitcoin was in a diametric where wave E had extended. However, after reviewing the charts and analyzing various scenarios, we decided to revise the wave count as shown in this update, since wave E of the previous diametric scenario became overly extended.
You can see the complete wave count of the chart in this update. The correction in Bitcoin started from the point where we placed the red arrow on the chart. This correction was a diametric and ended where the green arrow is placed.
From the point where the green arrow is shown on the chart, Bitcoin's bullish wave has started, which is either wave A or W.
According to this scenario, the expected rejection zone should be between 98K and 103K.
The lowest-risk area for price rejection is the red box.
A daily candle close above the invalidation level will invalidate this analysis.
Let’s see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You