Bitcoin – Breakout Coming, But May Be a TrapBitcoin is trading within a well-defined bullish pennant structure on the 1H chart, with clear compression between a rising support and descending resistance. This pattern typically signals a continuation of the prior trend, but given the surrounding liquidity and recent FVG formation, the setup looks more nuanced. After a liquidity sweep earlier this session, price has rebounded and is currently respecting a newly formed 1H fair value gap within the pennant range.
Pennant Structure and Price Reaction
The consolidation is tight and clean, with buyers stepping in off the ascending trendline support. This area overlaps with a small FVG that has so far held as intraday support, suggesting active demand. Until this gap is violated, the structure remains intact and favors a breakout play to the upside. However, with a larger unmitigated FVG sitting just under 121,000 and a previous swing high forming a strong liquidity pool, the upside might be limited.
Buy Side Liquidity and Reversal Area
If price can push above the descending trendline, the next logical target is the buy side liquidity sitting around 120,800 to 121,200. That zone is also where sellers may step in, given it aligns with prior inefficiency and a probable stop hunt level. This makes it a high-probability reversal area. I expect price to take out that buy side before we get a meaningful shift lower again.
Displacement and FVG Reactions
Any clean displacement toward the upside, particularly into the 121k range, will be key to watch for rejection signs. Should we see rejection or an SFP at the liquidity zone, that would likely confirm the short-term top. At that point, I’d expect a return into the pennant or even a sweep of the trendline support again, setting up a deeper retracement.
Short-Term Expectations
In the immediate term, as long as price holds above the current FVG and trendline confluence, I expect Bitcoin to slowly grind higher and break out of the pennant. The objective is the liquidity above 120,800. Once that’s taken, I’ll be watching closely for signs of exhaustion or reversal patterns to get positioned short again.
Conclusion
Bitcoin is compressing within a bullish pennant and currently holding a fair value gap, suggesting bullish continuation in the short term. However, the real play may come after a sweep of the buy side liquidity near 121k, where I expect a bearish rejection and opportunity for downside positioning. The market structure remains neutral to bullish until that liquidity is tagged.
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Fvg
ENA — Range Deviation & Reclaim: LTF Long Setup
ENA traded in a tight LTF range, then deviated below support, forming a sweep/liquidity grab.
Price quickly reclaimed the range low and retested the FVG (Fair Value Gap) below the range.
This reclaim/flip is a classic bullish reversal setup after a sweep.
Entry on the retest of FVG and previous support, targeting a move back to mid-range and then range highs.
Invalidation below the deviation low (stop).
Price action shows a textbook range deviation and reclaim setup. ENA swept liquidity below the range, trapped shorts, and reclaimed support, forming a bullish reversal signal. The retest of the FVG provided a high-probability entry for a move back to the range highs. This play relies on the principle that deviation and reclaim below a range often leads to a reversal as trapped sellers are forced to cover.
BITCOIN current and past FAIR VALUE GAPS -Watch for the future ?An explanation of what a FAIR VALUE GAP ( FVG) is at the end of this post.
The stand out for me here is simply how almost EVERY Fair Value Gap ( FVG) gets filled in every cycle. There are very few FVG from the 2017 to 2021 ctcle and only one from 2013 to 2017.
The question I now pose to myself is what will happen this time ? Because things are very different.
The potential for a return to the 50K area is Very real should we go back into a BEAR.
But to enter a Bear, we need the corporations to sell up..
Will they ?
We have to wait and see
Fair Value Gap
A fair value gap (FVG) is a price range on a chart where an imbalance exists between buyers and sellers, often resulting from sudden and strong price movements that leave a void where little or no trading took place.
These gaps occur when there is a significant difference between buy and sell orders, indicating an imbalance that can influence market prices.
Traders use FVGs to identify market imbalances and inefficiencies, which can present potential trading opportunities.
Definition: A fair value gap is a price range on a chart where an imbalance exists between buyers and sellers, often resulting from sudden and strong price movements that leave a void where little or no trading took place.
Formation: FVGs occur when buying or selling pressure leads to significant price movements, leaving behind gaps on price charts. These gaps can be identified through technical analysis involving the analysis of candlestick patterns and price chart patterns.
Types: Traders can categorize FVGs into two types: Undervalued FVGs, where prices are lower than fair value, and Overrated FVGs, where prices are higher.
Identification: FVGs are typically identified through a three-candle pattern on a price chart. The first and third candles serve as barriers, while the middle candle is the largest, creating a gap between the wicks of the first and third candles.
Trading Strategy: The fair value gap trading strategy involves identifying price gaps, waiting for the price to return to the gap, and executing trades based on the expectation that the price will resume its original trend. This approach requires a disciplined risk management plan.
EURUSD - Parallel channel in play!The following chart offers a closer look at the current structure of the EUR/USD pair on the 4-hour timeframe. Price action has been respecting a well-defined bearish parallel channel, which has provided clear boundaries for both resistance and support. Based on the ongoing reaction to these levels, we outline both bullish and bearish scenarios that could unfold in the coming sessions.
Bearish Parallel Channel
Since June 30, EUR/USD has been consistently moving within a downward-sloping bearish parallel channel. Each attempt to break above the upper boundary of the channel has been rejected, while the lower boundary continues to act as dynamic support. This sustained rejection from the upper trendline confirms the strength of the bearish momentum currently at play. The pair remains structurally weak unless a clean breakout to the upside occurs, accompanied by strong bullish confirmation.
Bullish Scenario
A potential bullish reversal could materialize if EUR/USD manages to hold above the 4-hour Fair Value Gap (FVG) located between 1.1620 and 1.1600. This zone may provide the necessary support for the bulls to step in. If the price maintains strength within or just above this FVG and buyers begin to show dominance, a rebound toward the upper boundary of the channel could occur. A successful breakout above the channel could then trigger a stronger rally, possibly targeting the 1.1750–1.1800 region, marking a clear shift in short-term momentum.
Bearish Scenario
Conversely, if the pair fails to hold the 4-hour FVG between 1.1620 and 1.1600 and closes a strong bearish 4-hour candle below this zone, the market may be setting up for further downside. This would suggest a rejection of the FVG as resistance and open the path for a drop toward the lower end of the channel. Interestingly, this area also aligns with a previously established larger 4-hour FVG. A move into this deeper FVG could present a more favorable zone for a longer-term bullish reversal, as it offers a stronger liquidity pool and potential demand area.
Final Thoughts
The EUR/USD pair is at a critical juncture. Price is hovering near a key support zone within a bearish channel that has defined its movement for several weeks. Whether bulls can hold this support and break above the channel, or bears take control and push it lower toward the broader 4-hour FVG, will determine the next major directional move. Traders should closely monitor price action around the 1.1620–1.1600 level for clues on the likely breakout direction.
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BNB LongI see a buy zone around 735 just after a significant FVG, and moreover, given the overall bullish strength of BNB, the pullback to happen next won't be a deep pullback but rather a light one. Confirming with the Fib retracement tool that zone sits well at the 38% pull back level, which is a good sign of a light bull back to continue the bullish move
GOLD ( XAUUSD ): Watching For A Short Term Buy ConfirmationIn this Weekly Market Forecast, we will analyze the Gold (XAUUSD) for the week of July 21-25th
Gold has been in consolidation for a couple of weeks now. The price action hasn't allowed for very many FVGs... until last week. There is a +FVG I am keeping an eye on, as it will be very telling how price reacts to it upon contacting this POI.
If it holds, higher prices will ensue.
If it fails, to the lows of the consolidation we go.
We'll soon see how it plays out.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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ETH — Rally Exhaustion or More Upside?ETH has been on an absolute tear. After retesting its old 2018 all-time high, it marked a bottom at $1383 — a brutal -66% correction over 114 days from the $4109 top.
From there, ETH ripped +100% in just one month, followed by 40 days of consolidation, and now, over the past 28 days, it’s surged another +76%, currently trading around $3715 — all without any major correction.
So the big question:
What’s next? Are we near a short setup, or is it time to long?
Let’s break it down.
🧩 Key Technicals
➡️ Bounce Zone:
On June 22, ETH retested the 0.5 fib ($2131.63) of the prior 5-wave Elliott impulse, with extra confluence from:
Anchored VWAP
Speed fan 0.618
➡️ Key Highs to Watch:
$3746 → recent local high
$4109 → 2021 all-time high
➡️ Fib Retracement Levels:
ETH has smashed through all major fibs, including the golden pocket (0.618–0.65) and 0.786 fib. The 0.886 fib at $3798.27 is the last major resistance, just above the $3746 key high.
At this zone, we also have:
Fair Value Gap (FVG)
Monthly Resistance
Negative Fib Extension Golden Pocket Target
➡️ Momentum Signal:
ETH is currently on its 8th consecutive bullish daily candle — historically, after 8–13 consecutive candles, price tends to cool off or correct. A sign to be cautious about longing here and consider profit-taking.
🔴 Short Trade Setup
Look for a potential SFP (swing failure pattern) at the key high $3746 to initiate a short trade.
This offers a low-risk setup with:
Entry: around $3746 (if SFP confirms)
Target (TP): ~$3300
Stop-loss: above SFP
R:R ≈ 1:4+
💡 Educational Insight: Why You Don’t Want to Long the Top
Markets often trap late longers near key highs or resistance zones — this is where smart money distributes while retail piles in emotionally.
Lesson: Look for zones of confluence (fib, VWAP, liquidity, FVG) and avoid chasing extended moves after multiple bullish candles.
Patience and confirmation at reversal points lead to higher-probability setups — you don’t need to catch every pump.
Final Thoughts
We’re approaching major highs, so this is a time for caution, not FOMO. Watch for reaction and potential reversals near $3750–$3850.
Stay sharp, manage risk — and remember, tops are where longs get trapped.
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SUIUSD Liquidity Trap in Motion: Price Targeting Deeper Pools🧠 Market Structure Insight (SMC Framework)
🔍 1. Break of Structure (BOS):
The most recent BOS around the $3.95 level marked a bull trap, indicating a transition from bullish momentum to a distribution phase. This suggests institutional players offloaded liquidity at premium prices before initiating a markdown.
🕳️ 2. FVG (Fair Value Gap):
A visible Fair Value Gap (Imbalance) remains unmitigated above the current price action. This zone acted as a supply area, where price sharply moved down, leaving inefficiency in its trail—now serving as a potential point of rejection if revisited.
📌 Liquidity Zones:
Upper Liquidity Cleared: Price has swept highs before reversal (a sign of engineered liquidity grab).
Double Liquidity Pools Below:
First pool: Around $3.55 - $3.60
Second pool: Deep liquidity around $3.30 - $3.35
These levels are highly attractive for Smart Money to target next, suggesting continuation to the downside.
📉 Current Price Behavior:
Market is consolidating in a tight range just below FVG, signaling potential re-accumulation of sell orders.
The chart pattern suggests a potential lower high forming, likely to precede a bearish leg towards liquidity zones.
Bollinger Bands show compression, hinting at volatility expansion soon.
🎯 Trade Outlook (Not Financial Advice):
🔻 Bearish Bias:
Unless price breaks above the FVG zone with strong bullish momentum, the probability favors a bearish continuation targeting:
1st Target: ~$3.55
2nd Target (Deeper liquidity grab): ~$3.30
A rejection from FVG followed by a BOS to the downside would serve as confirmation for this bias.
📚 Educational Takeaway:
This chart is a clean illustration of Smart Money Concepts in play:
BOS > FVG > Liquidity Sweep
Price respects institutional footprints: grab liquidity, fill imbalances, then drive toward untouched liquidity zones.
Recognize market intent through structure shifts and imbalance reaction.
7/21/25 ((NAS100)) analysisPrice is definitely going up
may come down to quickly tap the daily FVG first
perhaps in the beginning of the week
---Monday/Tuesday style but not married to that Idea
could also come back to hit that volume weekly line thing
I just decided to implement lol who knows
anyways I plan to be in BUYS all week long BABYYY
Bitcoin - Bearflag Structure Taking ShapeBitcoin is showing signs of weakness after a clean rejection from a 4H fair value gap, where price also swept the previous swing high. This aligns well with a broader bearish context as the market failed to sustain above the upper bounds of the trend channel, indicating potential exhaustion of the bullish correction.
Rejection Zone and Fair Value Gap
The rejection took place precisely within a 4H imbalance, adding confluence to the idea that this was a premium retracement in a bearish leg. The high formed inside that zone has now been swept, setting up conditions for distribution. A smaller 1H fair value gap was also left behind during the displacement move down, creating a clean area for price to return to and potentially react from.
Channel Structure and Bearflag Formation
Structurally, price has been climbing in a rising channel that resembles a bearflag pattern. The recent market structure shift broke the channel low, confirming that the rising structure is likely corrective. The rejection from the top of the flag and the subsequent breakdown align with a typical bearflag setup, suggesting a continuation move to the downside.
Short-Term Retracement Expectation
Before the next leg down, price may retrace to fill the unmitigated fair value gap while possibly sweeping the minor swing high that caused the current drop. This retracement would offer a premium shorting opportunity in alignment with the bearish bias, especially if internal structure remains weak on the lower timeframes during the return to the FVG.
Draw on Liquidity and Price Objective
The main objective for this setup is a sweep of the last equal lows near 115950, which represents a strong draw on liquidity. If the bearflag setup plays out fully, this area is highly vulnerable and could be the next significant target once the FVG is filled and lower timeframe distribution confirms.
Conclusion
Price has rejected from a 4H imbalance and swept liquidity to the upside, forming a clean bearflag structure. As long as price remains below the recent high and fills the 1H FVG without invalidating the shift, the path of least resistance looks to be down toward the liquidity resting below 115950. I’ll be watching for signs of weakness during the return to the FVG for a potential short trigger.
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NZD/USD Technical Analysis | Smart Money Perspective🧠 NZD/USD Technical Analysis | Smart Money Perspective
On the current NZD/USD chart, price is trading around 0.5960, positioned between a clearly defined resistance zone (0.6130–0.6150) and a support zone (0.5890–0.5900).
We can observe the following key technical elements:
🔹 1. Liquidity Sweep
Price recently broke below the previous swing low near 0.5900, tapping into a pool of sell-side liquidity. This movement is commonly interpreted as a liquidity grab, where institutions manipulate price to trigger retail stop losses before reversing.
🔹 2. Double Bottom Formation
The chart indicates a potential double bottom forming at the support level — a classic accumulation signal. This pattern suggests buyers may be stepping in after liquidity has been taken out, anticipating a reversal.
🔹 3. Fair Value Gap (FVG)
An FVG (imbalance) is visible in the range of 0.5985 to 0.6015. This inefficiency was created by a sharp bearish move, leaving price action unbalanced. Price is now expected to retrace into this area to rebalance orders — a common smart money behavior.
🔹 4. Market Structure Outlook
If the double bottom confirms with a bullish break of structure above 0.5980, we could expect a continuation toward:
First Target: FVG zone around 0.6015
Second Target: Major resistance near 0.6150, where past distribution occurred.
✅ Conclusion
This setup combines key smart money concepts:
Liquidity grab below support
Accumulation phase at demand
FVG as target
Potential bullish market structure shift
Traders should monitor price action around the support zone for confirmation (e.g., bullish engulfing or break of short-term highs) before entering long positions. Targets remain at the FVG and resistance zones, but risk management is essential in case of a deeper sweep or macroeconomic catalyst.
USDT.D — 1W FVG Test & RSI Bull Div | Caution for RiskUSDT Dominance is testing a major 1W FVG support area while developing bullish divergences on the 4H RSI. Although a short-term bounce and market correction are likely, the overall bullish trend in BTC means a sharp reversal is not guaranteed. Risk management is a priority here — no high-risk positions until the RSI resets and market context is clearer.
1W FVG support + 4H RSI bull div
Bounce likely = correction on risk assets
RSI needs reset to 50 before reassessing
If lost — risk-off, possible slice down
Reasoning: Support + momentum, but trend is bullish — not risking gains here
$Eth Faces Double Top Resistance with Bearish RSI DivergenceETH/USDT | 4H Analysis
Ethereum is currently showing signs of weakness on the 4H chart, forming a potential double top pattern around the $3,700-$3,680 range.
Adding to this, the RSI is exhibiting bearish divergence, suggesting that bullish momentum is fading. There's a visible liquidity gap between $3,200–$3,180, which might act as a magnet in the short term. A retest of this zone is likely before ETH attempts to resume its upward move.
Key Observations:
🟠 Double top structure on 4H chart
🔻 Bearish RSI divergence
🕳️ Favorable gap: $3,200 – $3,180
🔁 Watch for price reaction after retest
⚠️ If ETH holds the $3,180 support after filling the gap, a bullish bounce toward higher levels could follow.
📌 This idea is for educational purposes. Trade wisely with proper risk management.
XAUUSD Daily Sniper Plan – July 17-18, 2025Hello traders!
After yesterday’s high-volatility trap and NY session recovery, we now stand at a major structural junction. Buyers reclaimed 3310–3314 with precision, but price is pressing into multi-timeframe supply. Let’s break it down clearly
🔸 HTF Bias
Daily Bias: Bullish correction inside a larger range. Demand at 3310–3305 was swept and respected, but supply at 3347–3360 caps upside.
H4 Bias: Bullish flow into supply. Structure printed clean HLs from 3295–3310. However, current zone is full of short-term profit-taking risk.
H1 Bias: Bullish short-term trend. Price built higher lows from 3310, but now sits at 3340–3347 — reactive zone where momentum could fade if no breakout.
🔸 Key Structural Zones (with role)
🔺 Supply Zones (Above Price):
3347–3360 (D1/H4/H1 Supply)
🔹 Multi-timeframe confluence
🔹 Previous reaction + NY trap zone
🔹 Expect heavy rejection or false breakout wicks
3366–3385 (D1 Supply)
🔹 Final liquidity shelf for buyers
🔹 Only valid if 3347 breaks clean
🔹 Longs must wait for confirmation after breakout
⚔️ Decision Zones (Middle):
3335–3328 (Intraday Flip Zone)
🔹 M15-M30 structure control
🔹 Buyers can reload here on clean bounce
🔹 If price closes below, opens door for bearish momentum
🔻 Demand Zones (Below Price):
3314–3310 (H1/H4 Demand – Key Buy Area)
🔹 Institutional demand origin
🔹 Price tapped, swept, and reclaimed
🔹 Ideal sniper buys only on retest with bullish M15 BOS
3305–3295 (Deep Reversal Demand)
🔹 Extreme discount
🔹 Valid only if 3310 fails
🔹 High RR buys if liquidity sweep appears
🔸 Sniper Battle Plan 🎯
Scenario 1 – Fade from 3347–3360:
🔹 If rejection signs (M15 FVG + RSI divergence), short toward 3335, 3314
🔹 Only enter if NY open confirms exhaustion
Scenario 2 – Pullback to 3335–3328:
🔹 Ideal quick buys on bounce with confirmation
🔹 Watch for BOS on LTF for sniper entry
Today’s zones require real discipline: no rush, no panic — just clear steps, sharp entries, and clean rejections or retests. You already saw what 3310–3305 reacted. The next move? You plan it. You take it. You own it.
✨ Which zone are you watching for your next move?
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EURUSD – Bearish Rhythm ContinuesEURUSD is currently moving within a well-defined descending channel on the 4H timeframe, maintaining a consistent pattern of lower highs and lower lows. This confirms that bearish order flow remains intact, especially after the recent rejection from the upper boundary of the channel. The previous move up was largely a liquidity grab, taking out short-term highs before swiftly reversing, which adds confluence to a continuation lower.
Liquidity and Imbalance Zones
After sweeping some upside liquidity near 1.1670, price left behind a clean set of equal lows and an unmitigated fair value gap (FVG) sitting below, acting as a magnet. The purple zone marks this FVG, which is likely to be the next area of interest for price as it aligns with the midpoint of the channel and previous demand. Below that, there’s also a clear support region with resting liquidity, giving price a solid reason to reach deeper before reversing.
Projected Path and Channel Dynamics
As long as we remain inside the current bearish channel, we should expect price to respect the internal structure and continue pushing lower. The expectation is for price to trickle down through lower highs and lower lows, tapping into the FVG and potentially sweeping the lows beneath it. The projected internal path mimics this staircase-style movement down before any potential reversal can happen.
Reversal Zone and Bullish Scenario
If price does sweep the lows around 1.1450 and fills the imbalance cleanly, this would create ideal conditions for a bullish reversal. A reaction from this zone could lead to a break of the channel structure, initiating a shift in market sentiment. The upside target, in that case, would be the clean area around 1.1700 where previous liquidity was removed but not yet retested.
Short-Term Expectation
In the short term, the path of least resistance remains bearish. The most probable scenario is a continuation down into the FVG and potential liquidity sweep before we see any meaningful upside. Any premature breakout from the channel without first collecting this liquidity would be viewed as a weak move lacking proper fuel.
Conclusion
EURUSD remains technically bearish while inside the descending channel. Liquidity has been taken on the upside, and the path is now open to target unmitigated imbalances and resting lows. A full sweep into the FVG area could provide the setup for a clean reversal, but until then, trend continuation is favored.
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Trading NZDUSD | Judas Swing Strategy 10/07/2025Last week, we saw a textbook Judas Swing play out on OANDA:NZDUSD and this one checked every single box on our trading checklist. Let’s walk through the trade step by step
After a slow Asian session, NYO brought the kind of liquidity grab we look for. Price swept the low of our Judas swing zone, trapping early sellers and triggering stop hunts classic Judas behavior. As always, our first thought wasn’t to jump in it was to observe.
Once we spotted that liquidity sweep, our next confirmation came quickly: a clean break of structure to the upside. That shift in market sentiment was the green light to start prepping our entry. But, as we’ve learned from experience, patience is a trader’s superpower.
Instead of chasing the move, we waited for price to retrace into our Fair Value Gap (FVG) a key element in our Judas Swing checklist. No FVG touch, no trade. This time, price dipped right into our FVG zone. The moment the candle that entered the FVG closed, we executed with confidence.
Risk: 1%
Reward: 2%
Risk/Reward Ratio: 1:2
After executing the trade, there was a minor drawdown nothing major, just about 4 pips. Price never came close to our stop loss. Then came the move we were waiting for. OANDA:NZDUSD moved in our direction, and in an hour and 40 minutes, we hit our full target. A clean +2% gain added to the week’s tally.
This trade is a perfect example of how the Judas Swing strategy thrives especially after false moves into liquidity zones.
It was a clean setup:
- Sweep of liquidity
- Break of structure
- Retrace into FVG
- Controlled risk, solid R:R
If you’re still taking trades without a structured plan, now’s the time to consider building one. Strategies like this don’t just work because of entries they work because of discipline, timing, and consistency. We don’t trade everything. We trade the setups that check every box.
Bitcoin: New All-Time High — What’s Next?Bitcoin had an incredible run, breaking the old all-time high ($111,980) with strong bullish momentum and setting a fresh ATH at $123,218 (Binance). We just witnessed the first major corrective move of ~6% and a decent bounce so far — but the big question is:
What’s next? Will Bitcoin break higher over the summer or form a trading range here?
Let’s dive into the technicals.
🧩 Higher Timeframe Structure
May–June Range:
BTC was stuck between $110K–$100K, forming an ABC corrective pattern. Using trend-based Fib extension (TBFE) from A–B–C:
✅ C wave completed at $98,922 (1.0 TBFE)
✅ Upside target hit at $122,137 (-1 TBFE)
Full Bull Market TBFE:
➡️ 1.0 → $107,301 → previously rejected
➡️ 1.272 → $123,158 → recent rejection zone
Pitchfork (log scale):
➡️ Tapped the upper resistance edge before rejecting.
Previous Bear Market Fib Extension:
➡️ 2.0 extension at $122,524 hit.
2018–2022 Cycle TBFE:
➡️ 1.618 at $122,011 tapped.
Macro Fibonacci Channel:
➡️ Connecting 2018 low ($3,782), 2021 ATH ($69K), 2022 low ($15,476) →
1.618–1.666 resistance band: $121K–$123.5K.
✅ Conclusion: Multiple fib confluences mark the $122K–$123K zone as critical resistance.
Daily Timeframe
➡️ FVG / Imbalance:
Big daily Fair Value Gap between the prior ATH and $115,222 swing low.
BTC broke the prior ATH (pATH) without retest → a pullback to this zone is likely.
Lower Timeframe / Short-Term Outlook
We likely saw a completed 5-wave impulse up → now correcting.
The -6% move was probably wave A, current bounce = wave B, next leg = wave C.
➡ Wave B short zone: $120K–$121K
➡ Wave C target (1.0 TBFE projection): ~$113,326
➡ Confluence at mid-FVG + nPOC
Trade Setups
🔴 Short Setup:
Entry: $120,300–$121,000
Stop: Above current ATH (~$123,300)
Target: $113,500
R:R ≈ 1:2.3
🟢 Long Setup:
Entry: Between Prior ATH and $113,000
Stop: Below anchored VWAP (~$110,500)
Target: Higher, depending on bounce confirmation.
🧠 Educational Insight: Why Fibs Matter at Market Extremes
When markets push into new all-time highs, most classic support/resistance levels disappear — there’s simply no historical price action to lean on. That’s where Fibonacci extensions, channels, and projections become powerful tools.
Here’s why:
➡ Fibonacci extensions (like the 1.272, 1.618, 2.0) help estimate where trend exhaustion or profit-taking zones may appear. They are based on the psychology of crowd behavior, as traders anchor expectations to proportional moves from previous swings.
➡ Trend-Based Fib Extensions (TBFE) project potential reversal or continuation zones using not just price levels, but also the symmetry of prior wave moves.
➡ Fibonacci channels align trend angles across multiple market cycles, giving macro context — like how the 2018 low, 2021 ATH, and 2022 low project the current 1.618–1.666 resistance zone.
In short:
When you don’t have left-hand price history, you lean on right-hand geometry.
That’s why the $122K–123K zone wasn’t just random — it’s a convergence of multiple fib levels, cycle projections, and technical structures across timeframes.
⚡ Final Thoughts
Bitcoin faces major resistance around $122K–$123K backed by multiple fib and structural levels. A retest of the prior ATH zone (~$112K–$113K) looks probable before the next big directional move. Watch lower timeframe structure for signs of completion in this corrective phase.
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Bitcoin - V-shape recovery down towards the 4h FVG at $111.000?The move began with a strong rally that peaked near the $123,000 level. After hitting that high, Bitcoin quickly reversed and sold off aggressively, forming a classic V-shaped pattern. This type of formation typically indicates a strong shift in momentum, where bullish control is quickly overtaken by sellers, leading to swift downward movement.
4H bearish FVG
Shortly after the initial drop, Bitcoin made a retest of the bearish 4H FVG (Fair Value Gap) around the $119,000 to $120,500 zone. This fair value gap was created during the sharp move down and represented an area of inefficiency in price. The chart shows that price moved back into this zone and was “perfectly retested,” getting rejected almost immediately. This rejection confirmed that sellers are respecting this imbalance, turning it into a short-term resistance level.
Market structure
As the price failed to reclaim the fair value gap and continued lower, it broke the market structure at around $117,000. This break suggests that the previous higher low was taken out, signaling a bearish shift in the intermediate trend. The market structure break often acts as confirmation that buyers are losing control and lower prices are likely.
CME gap
Adding to the downside pressure is the CME gap, labeled as the "BTC CME GAP" on the chart. This gap spans from roughly $114,000 to $116,300 and was formed over the weekend when the CME (Chicago Mercantile Exchange) was closed. Historically, Bitcoin has shown a tendency to "fill" these gaps by revisiting the price levels within them. The current price action has already started to dip into this region, which could suggest further downside to complete the gap fill.
Bullish 4H FVG with support
Finally, the chart hints at the potential drop to the lowest 4H FVG and previous resistance, located just above $111,000. This fair value gap aligns closely with a prior resistance level from earlier in the month, making it a logical magnet for price if selling pressure persists. It represents a confluence zone where buyers may look to step in again, especially if the CME gap is filled and the market is searching for support.
Conclusion
In summary, Bitcoin is showing bearish technical signs following a V-shape top and a strong rejection from the 4H FVG at $120,000. The break of market structure and ongoing fill of the CME gap suggest that further downside toward the $111,000 level is a strong possibility. Traders should watch closely for price reaction in that lower fair value gap zone, as it could serve as a critical area for a potential bounce.
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Bitcoin - Liquidity sweep before the next move!Weekend Consolidation
During weekends, Bitcoin often moves sideways as institutional players step back and retail traders prepare for the next move. During this consolidation phase between $117.000 and $119.000, liquidity builds up on both sides—sell-side liquidity below the range and buy-side liquidity above it. After these weekend consolidations, Bitcoin typically sweeps one side of liquidity before continuing in the opposite direction.
Manipulation Above the Buy-Side Liquidity
A significant amount of liquidity has formed just above the all-time high, right below the $120,000 level. Retail traders are positioning for a potential downward move, making this area a prime target for a liquidity sweep. This aligns perfectly with the psychological barrier of $120,000, a level where many traders are likely to take profits.
Manipulation Below the Sell-Side Liquidity
Over the weekend, traders are entering both long and short positions while placing stop-loss orders just below recent lows. This behavior creates a buildup of liquidity underneath the range. Bitcoin could dip below these lows to stop out retail traders before reversing to higher levels.
4-Hour Unfilled Fair Value Gap (FVG)
If Bitcoin sweeps the all-time high and enters a distribution phase, there’s a strong chance it will retrace to fill the unfilled Fair Value Gap on the 4-hour chart at $113.000 - $111.000. This imbalance was created during a sharp move up, leaving behind unfilled orders. Such levels often get revisited as price action seeks to rebalance.
How to Execute This Trade
Wait for Bitcoin to sweep either the low or the high of the weekend range. Avoid entering the market immediately after the sweep. Instead, wait for confirmation that price is returning back inside the range, signaling a clean sweep. On lower timeframes, such as the 5-minute chart, you can look for entry models like an inverse Fair Value Gap to refine your entry.
Final Thoughts
At this point, it’s unclear which direction Bitcoin will take next. The best approach is to wait for a clear liquidity sweep and signs of a reversal before entering any trades. That said, there’s a possibility we may first move up to test and claim the $120,000 psychological level before revisiting and filling the lower 4-hour imbalance zones.
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$BTC Rejection at 119K | Eyes on 112K Retest as RSI Cools DownBitcoin faces strong rejection near the $119K resistance zone, showing signs of a cooling market as the RSI exits the overbought territory. Historically, BTC tends to revisit key structural levels after such overheated moves. A favorable re-test zone lies between $114K and $112K, with $112K aligning closely with the previous all-time high — a psychologically significant support area.
Support levels to watch: $112K (favorable retest) and $110K (strong base).
As RSI continues to cool, keep an eye on bullish reactions around these levels for potential entries.