Bitcoin – Testing Major Resistance: 95k next target?Bitcoin is currently trading inside a significant resistance zone between $88,000 and $89,000. This area has acted as a strong supply zone in the past, evidenced by multiple rejections that led to notable sell-offs. The recent upward momentum that brought price back into this area was backed by a strong rally off the April lows, pushing through local structure and recovering critical levels. However, despite the strength of this move, price is now approaching a decision point where bulls need to prove continuation capacity or risk triggering another corrective leg.
Consolidation Structure
The current structure reflects a potential accumulation base forming below resistance, marked by a series of higher lows and a compression of volatility. This typically precedes a breakout, though it also heightens the risk of a sharp rejection should buyers fail to sustain pressure. The local trend remains bullish on the 4H timeframe, but the lack of follow-through above resistance so far suggests hesitation. Price is essentially coiling beneath a ceiling, building pressure for a breakout or breakdown move in the coming sessions.
Bullish Scenario
If Bitcoin is able to cleanly break above the $89,000 resistance level, the key confirmation will be a successful retest of this zone from above. This area, once flipped into support, would offer a strong launchpad for continuation toward the next key target at $95,000. This target aligns with the measured move projection from the recent range and also represents a psychological milestone that may attract momentum buyers. A confirmed breakout and retest would signal strength from bulls and invalidate the prior resistance structure, transitioning it into new support.
Bearish Scenario
Alternatively, if price fails to break above the resistance zone and prints another rejection, I expect a retracement to follow. The first major area of interest on the downside is the imbalance zone between approximately $84,000 and $85,500. This level also aligns with the 0.236 Fibonacci retracement, and given the inefficiency left behind from the recent rally, it serves as a logical short-term support area. A bounce here would not be surprising, particularly on the first touch. However, should price break below and close beneath this zone, it would indicate weakness and open the door for a deeper corrective move.
The next major downside target in that case would be the golden pocket between $79,500 and $80,500. This zone carries strong confluence: it’s formed by the 0.618–0.65 Fibonacci retracement, a previously unfilled price void (PVG), and the base of the recent rally. Price reaching this area would likely attract interest from both buyers looking for re-entry and shorts looking to cover. A reaction from this level could set the stage for a medium-term bounce or even a new accumulation phase.
Current Stance
At the moment, my stance is neutral-to-bullish while price remains within the resistance zone. I'm closely monitoring for a clean breakout and retest, which would trigger a long setup targeting the $95K area. Until that breakout occurs, caution is warranted due to the risk of rejection and retracement. If price breaks down from the current level, I will shift my focus to lower support zones, particularly the imbalance region and the golden pocket, for potential long opportunities or further confirmation of bearish momentum.
Conclusion
Bitcoin is at a pivotal point technically. The structure and momentum suggest the possibility of a bullish continuation, but confirmation through breakout and retest is essential. A failure to break and hold above resistance will likely initiate a retracement, with the imbalance zone serving as the first major test. If that zone fails, a trip toward the golden pocket at $80K becomes increasingly probable. This is a reactive zone-to-zone environment, and both breakout and breakdown scenarios offer actionable setups based on confirmation.
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Fibonacci
ETHEREUM | 1H | IMPORTANT LEVELS AND MY TARGETHey there, my dear friends!
I’ve taken a deep dive into BINANCE:ETHUSDT just for you. If it breaks above the 1,693 level, the next target will be 1,800.0. On the flip side, a key support level sits around 1,473.0.
All I ask in return is your support through likes — it really means a lot!
Big thanks to everyone showing love and support with those likes!
NQ Power Range Report with FIB Ext - 4/23/2025 SessionCME_MINI:NQM2025
- PR High: 18771.75
- PR Low: 18644.00
- NZ Spread: 285.75
Key scheduled economic events:
09:45 | S&P Global Manufacturing PMI
- S&P Global Services PMI
10:00 | New Home Sales
10:30 | Crude Inventories
Major +1.5% session gap, unfilled to 18400
Session Open Stats (As of 12:15 AM 4/23)
- Session Open ATR: 752.66
- Volume: 58K
- Open Int: 241K
- Trend Grade: Bear
- From BA ATH: -17.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
HOOD Tariff Relief dips to buy: $41.28 strong, 39.42 better longHOOD got sold in panic then bought in fomo.
We of the Fib Faith indulge in logical serenity.
We plan and execute calmly and deliberately.
$ 41.28 Bounce would be strong to target $49.16
$ 39.48 better entry with tp1=$45.44, tp2=$49.16
$ 37.12 is a must hold or else it was a bull trap.
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DXY Correction Persists: Further Downside Potential in FocusThe DXY remains in a prevailing downtrend, and I estimate that it is currently in the final stages of wave (v) of wave . The correction is projected to extend toward the 97.023–97.739 area. Meanwhile, the nearest potential rebound zone is located between 99.690 and 100.764.
XAUUSD at a Critical JunctureAs I previously mentioned, the upside potential in XAUUSD appears relatively limited. At present, I estimate that XAUUSD is forming wave iv of wave (v) as indicated by the black label (best-case scenario), suggesting a potential correction toward the 3,228–3,292 range. Should this scenario hold, the next bullish target lies within the 3,483–3,561 area.
However, you should also be mindful of the bearish scenario (red label), where XAUUSD may have completed wave 3. In such a case, the current movement could represent the beginning of a deeper correction as part of wave 4, with the potential downside projected toward the 2,854–3,101 range.
Short-Term Opportunity in Dow Jones: Limited UpsideCurrently, I estimate that under the best-case scenario (black label), the Dow Jones is forming wave of wave B. This implies that the upside movement is likely to remain limited, with a potential retest of the 39,310–39,649 area.
Caution is advised for a possible reversal, especially if the Dow Jones fails to break above the 40,791 resistance level.
S&P500 Long then Short: Last Wave 5 of 5In this video, I updated the wave counts for S&P500 and expects a last wave 5 of 5 (thus the long). I uses 2 Fibonacci extensions to project the final target and chose the lower of the target as the TP.
Once the target is reached, then we look for a reversal signal before entering short. The target of the short will be the end of sub-wave 4 as illustrated.
Good luck!
A doji at the top in Nifty. Reversal? 22nd April nifty daily candle formed a Doji at the top of the rally. It's a sign to be cautious. We can see a retracement of nifty back to 24121 (Spot) which is a fibo level. Once it touches that we can see what will happen next. Even a gapup today don't be bullish and be watchful of price action. With bad news coming through we can see a retracement happening.
Ethereum Hits Support – Time to Load Up?🎢 The Great 112‑Day Drop
What happened? Over the past 112 days, ETH tumbled –66%, sliding from $4109 down to $1383 and oh yeah, it even poked its nose below the January 2018 all-time high. 7 years ago!
Support Zone: 0.786 + Volume Profile
0.786 Fib: $1,570.85 (drawn from the 2022 low $870.80 to that $4109 high).
5‑Year POC: $1565
Hold Tight: For 2 weeks, the 0.786 level has acted as support, bouncing price right back up.
Sell in May and go away? Rather buy in May and grab some gains on the way?
Trade Blueprint: Your Ethereum Game Plan
Entry Zone: $1570.85
Stop Loss: Below $1369.79
Profit Targets: $1800, $2000 ,$2500, $3000
Risk/Reward: Risk ≈13%, Reward ≈91%, a solid 7:1 R:R
DCA
Missed the perfect entry? No drama... dollar‑cost average between $1700 and $1500.
Keep an eye on the monthly open at $1822. Bulls need to break this resistance zone.
Bottom Line
Ethereum’s –66% dive has handed us a golden ticket at the 0.786 fib and 5‑year POC. This is one of those “buy the dip” moments.
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Bitcoin Wave Analysis – 22 April 2025
- Bitcoin broke round resistance level 90000.00
- Likely to rise to resistance level 95000.00
Bitcoin cryptocurrency today broke the resistance area between the round resistance level 90000.00 and the 38.2% Fibonacci correction of the downward wave (A) from January.
The breakout of this resistance area should accelerate the C-wave of the active ABC correction (B) from March.
Bitcoin cryptocurrency can be expected to rise in the active C-wave to the next resistance level 95000.00 (former strong resistance from the start of March).
AUDUSD Wave Analysis – 22 April 2025
- AUDUSD reversed from the key resistance level 0.6400
- Likely to fall to support level 0.6300
AUDUSD currency pair recently reversed from the resistance area between the key resistance level 0.6400 (former major support from 2024) and the 50% Fibonacci correction of the downward impulse from September.
The downward reversal from this resistance area is likely to form the daily Japanese candlesticks reversal pattern Bearish Engulfing.
Given the overbought daily Stochastic and the strength of the key resistance level 0.6400, AUDUSD currency pair can be expected to fall to the next support level 0.6300.
A Little LongHaving taken the profit of y short Idecided now to take a little long position. The upward movement since April 4th has been sufficiently retraced and the After-Easter corrective decline could not continued up to now. We are holding above the MA.
I don't expect to much but I see the chance of a retest of the Mid April highs or even the March high again.
USDJPY / 6J1! - Compelling reversal pointThe Yen futures (inverted from USD.JPY) are entering a multi-year resistance level. Considering the yen has arrived at this zone on one-sided trading with high momentum, a reversal trade is compelling from a market psychology perspective. As an additional non-technical confluence, there are also news rumours circulating on social media streams regarding an imminent new trade agreement between the two countries.
If prices remain static for the next hour, the daily close will print a shooting star reversal candlestick pattern. Using a retracement entry at today's developing POC, which roughly aligns to the 0.382 intraday fib level, with a stop above the intraday (H1) swing high. A RR at opening of approximately 1:10 is available. Ideally, risk would be managed on H1 time frame for this type of trade.
Note USD.JPY Forex charting will be inverted from the futures.
A New(Exhausting?) HighAfter the November/December high it had looked like a coming correction.
But then the February saw the price bounce back towards a new high,
As the price had not been corrected for 10 months this may bee seen as an exhausting spike.
The market is long and no new players may come in. The spike may have exhausted and a profit taking may set in within the next few weeks.
Silver is Again in the Bullish direction due to multiple ZonesSilver H1 Analysis 📈
The pair was rejecting the 31.00$ area.
But after almost many attempts it succeed ,, Closing above the 31 and gave a strong buy move.
If one bearish engulfing candle breaks the zone below . the Buying is no more valid
Now, According to the rule the market will retest the broken zone ( Red zone ) from upside direction and after that it will go up.
The target is based on the first resistance level.
One more thing , the market has trapped the buyers here
It gave a sell more abruptly and buyers without any confirmation entered the buy trades but the market manipulated.
The red zone is very important if markets holds here or make a strong support here we are going to buy otherwise we will wait
PIXEL price analysisOKX:PIXELUSDT price broke through the downward trend line on more than decent trading volumes, just as the TA canons require.
#Pixel capitalization is only $30 million
For comparison, at its highs a year ago, the #Pixels market cap was around $700-800mn.
✔️ The main task now is to keep the price above the trend line.
As soon as this is done, we can immediately aim for short-term growth to $0.055 and $0.075
And in the medium term - $0.135 or even $0.30
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