BTC Current Structure and Future movesZemoG Trading Strategy: Market Structure, Major Wicks, and Cycle Completion
My trading strategy is centered around identifying major wicks on higher timeframes combined with numerology, 55 degree angles, cycles and volume.
As we all witnessed, BTC reached a new all-time high (ATH) of $111,970 on May 22, 2025. With that milestone behind us, BTC is now moving toward the completion of its broader market structure cycle.
Every asset follows a cycle. By observing price action and structural behavior, we can anticipate the next move—especially when major wick rejections serve as signals for market dominance and directional bias.
Current Market Observation:
At the moment, BTC is bouncing from a significant wick zone around 100.7k. This move upward appears to be mirroring the left side (shoulder) of the larger market structure, setting the stage for the formation of the right shoulder.
As BTC continues this path, we expect it to wick above previous major wicks (see levels below) before initiating a reversal back toward its midpoint level wick at 100.7k.
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Long Setup (Bullish Scenario):
Key Support: 100.7k
Long Targets:
104.1k
104.9k
105.8k
Stop Loss: 103k
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Short Setup (Bearish Scenario):
If BTC closes below the 100.7k level, it would confirm a shift in market dominance toward the downside. Below this level, there are few significant wick supports, allowing for a smoother drop through multiple levels with little resistance.
Key Break Level: Close below 100.7k
Short Targets:
96.8k
95.8k
93.4k
92.9k
91.6k
83.9k
81.1k
79.9k
78.5k
76.6k
Final Target & Origin Zone: 74.5k
This 74.5k level is crucial, as it would complete the entire market structure and possibly reset the next cycle phase.
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Stay aligned with the cycles, watch the wicks, and follow the structure.
As above, so below.
– ZemoG Trading Group
USDTBTC trade ideas
2 Scenarios for BTCNow that the cup and handle formation has been reached and the correction finished, I think we have 1 more leg up.
It's also possible that we fall from here, but I think another fakeout upwards is likely as bearish divergence forms on the month, but isn't quite there yet (RSI needs 1 more higher high to confirm bearish divergence)
Either way, my short targets are the 0.618 fibs. I am expecting the typical -70-75% crash by 2027 before the next cycle begins
Bitcoin - Bearish double top or bullish cup and handle ?As CRYPTOCAP:BTC reached a new high, we got a clear double top setup unfolding.
The question is now how this will unfold ? Honest answer : We can't know as price can unfold in many different patterns from here.
For now , we have to respect the bearish double top setup and therefore remain bearish on this as long as price is below 109.600$ .
BUT seen the somewhat good general market context for now and the potential for a surge in bitcoin demand, we have to be open to the possibility to turn bullish here when possible.
A double top setup can easily turn into a cup and handle setup, that means we could see price consolidate some more before rising again. But for that to happen, we need price to hold some key support levels , which for now is the 20day EMA in green on my chart. IF the 20dEMA is broken, we can simply look for the 50dEMA in black as the next potential support zone.
Also, from an Elliott Wave perspective, it's quite simple, if price move above the 78.6% Fibonacci retracement level, although not always, more often than not we see price go up to the 127.2% and 138.2% levels around 120K here.
So, what can we do from here ?
For the bulls ? Simple, stay out and only look for setups on key support as mentioned above, for now you can use the 20dEMA for a small long entry with a very tight stop.
For bears ? Respect the short side as long as possible and use the support zones for profit taking and if support breaks look for new entries or to add to your positions if you want to be more aggressive.
Bitcoin (BTC/USDT) 2-hour chart, focused on the buy side only!📊 Chart Overview
The chart shows BTC/USDT on the 2-hour timeframe, featuring clear levels of resistance, mini-resistance, and target zones. Let’s break down the buy idea:
🚀 Key Zones & Levels
💜 Resistance Zone (Purple Box):
Historical price ceiling.
Price dropped from this area several times.
🟦 Target Zone (Blue Line):
106,691 - 106,683 USDT.
Target for the next bullish move!
🟧 Mini Resistance (Yellow Box):
Around 102,000 USDT.
Acting as support (buy zone!) now.
💰 Buy Setup & Entry Area
✅ Buy Zone:
Just below 103,000 USDT, aligning with the mini resistance / support box (yellow).
✅ Entry Level:
Between 102,000 - 103,000 USDT.
Best if price consolidates or forms a reversal candle here.
🟢 Target:
First target: 106,000 USDT
Next major target: 106,683 - 106,691 USDT.
📉 Stop Loss:
Below 101,000 USDT for protection.
🎯 Trading Plan
1️⃣ Wait for a bullish reversal candlestick at the mini resistance box (~102,000 - 103,000 USDT).
2️⃣ Enter long (buy) position.
3️⃣ Target profit at 106,000 and 106,691 USDT.
4️⃣ Stop below 101,000 to manage risk.
⚡️ Summary
🟢 Buy: At mini resistance (~102,000 - 103,000).
🎯 Targets: 106,000 - 106,691.
❌ Stop: 101,000.
🚀 Let's ride the bullish wave! 💹📈🟢
BTCUSD Analysis – Bearish Elliott Wave Structure UnfoldingAfter BTC recently made a high around 111,959, we observed a clear impulsive bearish move followed by minor pullbacks.
The current market price stands at 103,396, and based on the structure, it appears that BTC is unfolding a bearish Elliott Wave pattern. If this holds, we could be in the midst of Wave 3, which typically shows strong momentum and continuation.
Key downside levels to watch:
99,620
97,670 – This level also aligns with a bullish breaker on the 4H chart, making it a potential area of interest for buyers.
Strategy:
My current approach is to sell on pullback, targeting the formation of lower highs and aiming for a break below the recent lower lows.
Bitcoin Long Setup – Chart Analysis (June 5, 2025)We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
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Bitcoin technical analysis is presented as follows.
The current wave structure, based on Elliott Wave Theory, appears to be in the final stage of the corrective pattern, specifically in WAVE Y. Notably, WAVE Y has extended to 1.618 times the length of WAVE W, which suggests a potential completion of a typical WXY corrective pattern. This can be interpreted as a strong reversal signal.
In addition, the 1.414 Butterfly pattern, one of the harmonic patterns I have been monitoring, has also completed in the same zone. As Butterfly patterns often indicate high reversal probability between the 1.272 and 1.618 levels, the precise formation at the 1.414 ratio adds further technical confirmation and reliability to this signal.
In summary, the convergence of these two technical factors strongly supports a bullish bias at the current level and increases confidence in a potential short-term price rise for Bitcoin. Therefore, this zone is considered a strategic point for entering a long position.
BTC CORRECTION TO 1.618 FIBONACCI LEVEL🟠 CRYPTOCAP:BTC Correction in Sight?
Zoom out and trace the Fibonacci trail...
The rejection from $112K and failure to reclaim the 0.618 zone at $106,448 signals potential deeper downside.
🧭 My next key level?
1.618 extension at $97,449 – the golden retrace, where confluence meets opportunity.
📉 Add in weakening momentum and a clean path below the broken trendline, and the case for a retest grows stronger by the day.
This dip could reset the board before BTC’s next major leg.
Are you prepared for it?
#Bitcoin #CryptoTrading #Fibonacci #BTCUSDT #TechnicalAnalysis #UlyssesTrader
BTC-----Sell around 105200, target 104500 areaTechnical analysis of BTC contract on June 4:
Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern was a single negative with continuous positive, the price was consolidating at a high level, and the attached indicator was dead cross running. The general trend of falling is still advantageous, and attention should be paid to the strength and continuation of the falling trend; the short-cycle hourly chart retreated under pressure yesterday morning, and the US market supported the rebound and broke the high point of the previous day, but the time was wrong, so the continuation was not seen in the early morning. It was under pressure again in the morning. The current price is at a low level, and the attached indicator is dead cross running. The four-hour chart is obviously suppressed, so there is probably still a need to continue the decline during the day.
BTC short-term contract trading strategy:
Sell at the current price of 105200, stop loss at 106000, and target the 104500 area;
BTC/USDT Analysis: Rotation Continues
Hello everyone! This is the daily analysis from a trader-analyst at CryptoRobotics.
Yesterday, Bitcoin continued rotating within the newly formed range, showing a slight upward bias.
Today, however, the direction has shifted, and the price has started moving toward the lower boundary of the range. At the moment, price anomalies have appeared around the $105,400 level. If we see a reaction during a test of this level, an intraday short could be considered.
Selling zones:
$105,400 (local absorption of sell pressure),
$107,000–$109,800 (accumulated volumes)
Buying zones:
~$100,000 (initiating volumes),
$98,000–$97,200 (local support),
$93,000 level,
$91,500–$90,000 (strong buying imbalance)
This publication is not financial advice.
Bitcoin (BTC/USDT) Technical Analysis | Double Resistance Zone 📈 Bitcoin (BTC/USDT) Technical Analysis | Double Resistance Zone – Breakout or Rejection?
As expected, Bitcoin broke out of the descending trendline (pink) with strong momentum and is now facing a major confluence zone — where both a horizontal resistance and a diagonal trendline (purple) intersect. This level is highly critical and could determine the next directional move.
🟢 Bullish Scenario: Clean Break = Next Rally
If BTC manages to break and hold above this double resistance, we could see a push toward the next key targets:
$107,058 – major horizontal resistance
$107,608 – next short-term target if bullish momentum continues
Breaking these levels may open the path toward the psychological $109,377 zone.
🔻 Bearish Scenario: Rejection and Pullback Risk
If BTC gets rejected from this zone and shows bearish price action (like rejection wicks or bearish engulfing), possible pullback targets include:
$106,354 – immediate support
$105,724 – key short-term demand zone
These levels may attract buyers — but only if confirmed by price structure and volume reaction.
📌 Final Take
Bitcoin is now testing a high-stakes resistance cluster. A breakout may fuel a new bullish leg, while a rejection could trigger a healthy correction. Don’t guess — wait for candlestick confirmation and volume reaction before entering.
🚨 Enjoy this chart? Follow me for daily clean setups, real-time analysis, and no-hype breakdowns.
🔔 Let’s stay ahead of the market together — one chart at a time. 💹✨
HolderStat┆BTCUSD stairway to athCRYPTOCAP:BTC marched out of strong consolidation, sliced a falling wedge, then keeps stacking bull-flag consolidations on an ascending trendline. Uptrend channel, breakout energy and 100 k support line up for an assault on the 112 k ATH level — bullish momentum in full swing.
Bitcoin Chart Analysis – June 4, 2025We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
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Hello, this is Seovereign.
In this idea, I will approach the Elliott Wave Theory from a fundamental perspective and share the entry point and take-profit level together.
Chart Analysis Overview
Top Left Chart: Wave Structure and Rationale
The current wave is judged to be a complex correction (W–X–Y) structure,
in which the Y wave appears to have extended to approximately 1.618 times the W wave.
Formula: Y = 1.618 × W
In the subsequent Impulse wave,
the 5th wave is estimated to have formed a length of 1.618 times that of the 1st wave.
Formula: Impulse 5 = 1.618 × Impulse 1
In the final wave, an Ending Diagonal pattern is observed.
This aligns with the typical rules of Fibonacci ratios and Elliott Wave Theory,
suggesting that the current zone may be entering a technical completion phase.
Bottom Left Chart: Supporting Structure
In this section, a 5-wave diagonal with overshooting appeared,
followed by a corrective wave sequence.
This 5th wave appears to have ended with a length ratio of 0.5 times the 1st wave.
Conclusion and Scenario
Referring to the right chart, a predicted path for future movement is presented.
As of now, the first target price is set at 108,191,
with the following rationale:
Whipsaw near 103,600
Support formation zone around 104,800
BTC/USDT Analysis: Development of a New Range
Hello everyone! This is the daily analysis from a trader-analyst at CryptoRobotics.
Yesterday, the scenario for the leading cryptocurrency remained almost unchanged. No buyer anomalies were observed within the $104,200–$102,300 area (accumulated volumes). Volume remains low.
The primary scenario is the development of a sideways range between two volume zones: $104,200–$102,300 (accumulated volumes) and $107,000–$109,800 (accumulated volumes). If the recently formed low is retested and buyers fail to defend it, we expect a moderate short toward the next selling zone at $100,000.
Selling zone:
$107,000–$109,800 (accumulated volumes)
Buying zones:
~$100,000 (initiating volumes),
$98,000–$97,200 (local support),
$93,000 level,
$91,500–$90,000 (strong buying imbalance)
This publication is not financial advice.
BTC - High Level Analysis (DAILY TF)Just a DAILY tf view of the High Level Analysis.
> It shows where the price may range in the next few days, weeks or months.
Key points:
We need a monthly candle above the yearly high(2024) in order for BTC
to continue its bullish momentum.
Otherwise, we expect it to range on the 92kish to 111kish area (with possible low time frame wicks on both top or bottom)