#BTC/UST#BTC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 106,000.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 106,600
First target: 106,750
Second target: 107,000
Third target: 107,291
BTCUSDT.3S trade ideas
Bitcoin Controlled consolidation above 106,480 Technical Overview – Summary Points
➤ BTC trades in the 1st quartile of its yearly range (100k – 111k).
➤ Stacked resistance zone: 108,239 to 110,603 USDT → potential seller exhaustion.
➤ Key support at 106,480; defensive cluster 102,626–99,581.
➤ Risk On / Risk Off Indicator = Strong Buy; ISPD Divergence = Neutral.
➤ Normal volume, but lack of fresh capital → sustainability of rally questionable.
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Strategic Summary
➤ HTF trend bullish above 106,480; breakout > 108,239 targets 109,950 / 110,600.
➤ Buy swing pullbacks on 106,480 or 104,600. Invalidation < 102,626 = drop to 99k.
➤ Tactical short scalps around 108,250–109,000.
➤ Core PCE = major catalyst (June 27).
➤ Watch spot volumes, funding, and Risk On / Risk Off signals.
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Multi-Timeframe Analysis
➤ 1D : bullish bias > 106,480; danger < 102,626.
➤ 12H : bullish consolidation; confirmed breakout > 108,239.
➤ 6H : compression; buy dips 106,480 / 104,600.
➤ 4H : lateral-bullish; key support = 104,600.
➤ 2H : neutral-bullish; triggers = 107,800 / 106,000.
➤ 1H : bull flag; micro-divergence, prefer long > 106,950.
➤ 30 min : tight triangle; breakout at 107,200 / 106,650 = signal.
➤ 15 min : bearish < 106,950, expected bounce on 106,480.
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Macro, News & On-Chain Analysis
➤ Macro backdrop: “Higher for longer” stance continues, no FOMC imminent.
➤ Core PCE June 27: upside surprise (2.7% YoY vs 2.6% expected) – USD supported, potential headwind for risk assets.
➤ Pacific Region: ongoing tensions in Taiwan Strait and South China Sea:
- Increased military activity: air incursions, naval maneuvers.
- High risk of escalation flagged by defense analysts & social feeds.
- Risk sentiment: volatile – sudden events could trigger risk-off.
➤ On-chain: Range 100–110k; weak spot volume; cautious leverage; no major sell-side imbalance.
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Conclusion
➤ BTC maintains a controlled bullish bias > 106,480.
➤ Swing buy zones = 106,480 & 104,600; targets 109,950 / 110,600.
➤ Main risk: break < 102,626 = sell-off toward 99k.
➤ Monitor Core PCE and geopolitical risk in the Pacific region.
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Why BTC hasn’t moved up recentlyBTC has been bobbing above and below this bearish triple crossover the past few months. What we see as consolidation is rather price getting stuck around these resistance levels.
The only reason why this would be occurring in my view, is due to the market makers having intention to allow this drop to play out.
The resistance is located at around 107,000 to 107,400 - watch this zone closely for a hold below / rejection and fast drop.
Scenario 1 marked with solid red line.
Scenario 2 marked with dotted red line.
Little update for y’all. Happy weekend trading.
Bitcoin may reach resistance level and then start to declineHello traders, I want share with you my opinion about Bitcoin. Previously, the price was trading inside a well-defined downward channel, repeatedly rebounding from both the support and resistance lines. Each upward move got rejected within the seller zone, especially around the 108500 - 109200 range, which acted as a strong barrier multiple times. Later, BTC dropped to the buyer zone near 102700 - 102000, and from there, we saw a strong impulse up. This impulse broke through the channel resistance line and the support area, indicating a short-term bullish breakout. At the moment, the price is approaching the resistance level at 108500, which previously served as a turning point. Given that this area also aligns with the upper boundary of the seller zone, I believe we may see another reversal from this level. In my opinion, after reaching resistance, BTC may start a new downward wave, targeting the 102700 support level. This is where I’ve set my TP 1. Considering the recent breakout, the historical significance of the resistance, and the strong reaction from seller zones, I remain bearish in the short term and expect a potential decline toward support. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
BTCUSDTHi snipers. On the one-day timeframe, we are witnessing the formation of a harmonic pattern called a flag. This pattern usually forms in the middle of a trend and then the previous trend continues. The flag consists of two parts: a bar and a flag. In the flag, the price is moving in a channel between two parallel lines. If the price breaks through and crosses the upper ceiling of the channel, we will probably reach new prices. I am practicing and learning. This is not a buy or sell offer.
BTC 120K READY ???BTC 4H Chart Update 📉📈
Bitcoin is still trading inside a descending channel, but bulls are now testing the upper trendline for a potential breakout.
Price is consolidating just below $107K, showing strength after the recent bounce from the bottom of the channel.
🔹 Structure: Descending Channel
🔹 Current Resistance: $107K–$110K zone
🔹 Break & close above = bullish breakout confirmation
🔹 If breakout and close above 110k than this target possible
🔹 Target after breakout: $112K-120K+
⚠️ Rejection = pullback likely toward $103K–$104K support
📊 Breakout or breakdown — decision time is near!
#BTC #Bitcoin #Crypto #TechnicalAnalysis #BreakoutSetup
BTC - Continuation of Bull Trap 21.06.2025Hello Friday! Never, ever, ever trade crypto on weekend, but let's hop in!
🔻 What I expect more? Continuation of Bull Trap! (Probability 70/30)
Few Reasons:
Price broke 20 EMA(daily) and is sliding just above the 50 EMA with "dead-cat" bounce attempts.
RSI is going down below 50 — momeentuum is faaadiing.
No signs of some big demand at this level (low volume on small green candles + Iran uncertainty).
Notable, that we are far from any bounce move (which would support re-accumulation).
Scenario 1: Bearish Continuation (Most likely)
Expecting BTC to test the 99.5k zone — this is the key support level becasue of several arguments:
1) 0.886 Fib
2) Confluence with previous horizontal range support
3) 100 EMA
4) Under psychological level 100k
5) RSI needs to cool off before taking higher targets.
If 99.5k broken, next stop is near 88.5k (0.786 Fib)
I wouldn't like to analyse further possible downslide of BTC, so lets stay so far in already negative scenario within 88.5k, but let's keep in mind, that maximum pain we will see near 75k zone.
🟡 Alternative: Short-term Bounce (Probability 30/70)
BTC could attempt bounce towards 105–106.5k (retest of broken structure + 20 EMA resistance)
If this bounce has low volume and rejection near EMAs or RSI stays below 50 , it's a sell opportunity — not a bullish reversal.
✅ Final thoughts for short term: stay away from the market.
From 103.5k I would expect downward continuation toward 99.5k with possible minor bounce attempts along the way.
Wait for strong reversal signal near 100k and enter LONG with tight SL.
Don't trade during the weekend, unless there's a once in a lifetime opportunity.
Have fun!
Trade of the day!These are the areas I have my eyes on. We are in a range and can get a long or short play here. If we break bullishly, I will be wary of the supply above, if we break down here there's a lot of liquidity to sweep. Lets see what happens
Confirmation: MS change on secondary TF or Divergences
BTC - Double Top after Liquidity Sweep?Price has recently executed a Buy Side Liquidity Sweep just above the previous high. This type of move often signals a potential shift in market direction, especially when followed by signs of exhaustion or failure to push higher. In this case, price has formed a double top near the 106,600 level, a classic sign of weakening bullish momentum and hesitation at a key resistance area.
Following the Sweep, the projection suggests a possible rejection from this region, leading to a corrective move to rebalance the inefficiencies left behind by the sharp upward impulse. These inefficiencies are marked as Fair Value Gaps —areas where price moved too quickly, leaving imbalanced zones between buyers and sellers. The market tends to return to these areas over time as it seeks equilibrium.
The first Gap lies just below the 0.28 Fibonacci retracement and may serve as an initial area for a reaction. If price slices through this level without meaningful support, attention shifts to the second Gap, which aligns closely with the 0.50 to 0.618 retracement zone. This region is historically significant for pullbacks and could offer a temporary pause or bounce.
Should the move extend further, the third and deepest Gap, located between the 0.618 and 0.65 levels , becomes a key area of interest. It marks a critical rebalancing zone that could attract stronger buying interest. If this area fails to hold, the 0.786 retracement level sits just below and may act as a final point for support before any broader directional change.
For refined entries, traders can watch lower timeframes like the 5-minute chart. Look for signs of weakness, such as an inverted Gap or a lower-timeframe break in structure, to time positions with tighter risk. This allows participation in the broader move while maintaining tactical precision.
The confluence of a Buy Side Liquidity Sweep, a double top , and multiple Gaps below provides a clear framework for a potential downside play. As always, let the price action lead.
Patience, confirmation, and context are key to executing with confidence.
Forecast for BTC. New ATH on July ? In my opinion , BTC have 2 scenario .
1. Price will retest area 104-106k and retest previous ATH and then go up
2. Price will retest area 98-104k and retest previous ATH and then go up
3. In my opinion , BTC will not go down below 100k .
Now BTC can make a bullish flag pattern , but not valid yet
But anything can happen , so DYOR
bearish engulfing candleA bearish engulfing candle is a two-candlestick pattern in technical analysis that suggests a potential reversal of an uptrend to a downtrend. It consists of a small bullish (white or green) candlestick followed by a larger bearish (black or red) candlestick that completely engulfs the body of the first candle. This pattern indicates a shift in market sentiment, with selling pressure overpowering buying pressure and potentially leading to lower prices.
Cup and handle reversalA cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis, How to Make Money in Stocks.
Head and sholdersHead and shoulders on BTC.
A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
The neckline rests at the support or resistance lines, depending on the pattern direction.
NEXT LEVELSnext move ahead for Bitcoin
Bitcoin Could Reach $140,000 in the Coming Months
Market analysts and crypto enthusiasts are increasingly confident that Bitcoin is on track to reach new highs. After strong institutional adoption, growing interest from retail investors, and the impact of recent halving events, many experts believe Bitcoin could surge to $140,000 in the coming months.
Macroeconomic factors like inflation concerns, limited BTC supply, and a weakening dollar are all contributing to the bullish momentum. If current trends continue, a breakout toward the $140K level is not just possible—it’s becoming more likely.
Stay informed, stay strategic, and get ready for what could be a historic move in the world of crypto.
Skeptic | RSI Masterclass: Unlock Pro-Level Trading Secrets!Hey traders, it’s Skeptic ! 😎 Ready to transform your trading? 95% of you are using the Relative Strength Index wrong , and I’m here to fix that with a game-changing strategy I’ve backtested across 200+ trades. This isn’t a generic RSI tutorial—it’s packed with real-world setups, myth-busting insights, and precise rules to trade with confidence. Join me to master the art of RSI and trade with clarity, discipline, and reason. Big shoutout to TradingView for this epic free tool! 🙌 Let’s dive in! 🚖
What Is RSI? The Core Breakdown
The Relative Strength Index (RSI) , crafted by Welles Wilder, is a momentum oscillator that measures a market’s strength by comparing average gains to average losses over a set period. Here’s the formula:
G = average gains over n periods, L = average losses.
Relative Strength (RS) = | G / L |.
RSI = 100 - (100 / (1 + RS)).
Wilder used a 14-period lookback , and I stick with it—it’s smooth, filters noise, and gives a crystal-clear read on buyer or seller momentum. Let’s get to the good stuff—how I use RSI to stack profits! 📊
My RSI Strategy: Flipping the Script
Forget what you’ve read in books like The Handbook of Technical Analysis by Mark Andrew Lim— overbought (70) and oversold (30) aren’t just for shorting or buying. I go long when RSI hits overbought, and it’s been a goldmine. I’ve backtested over 200 trades with this approach, and it’s my go-to confirmation for daily setups. Why does it work? When RSI hits overbought on my 15-minute entry chart, it signals explosive buyer momentum. Here’s what you get:
Lightning-Fast R/R: I hit risk/reward targets in 30 minutes to 2 hours on 15-minute entries (longer for 1-hour entries, depending on your timeframe).
Massive R/R Potential: An overbought RSI on 15-minute can push 1-hour and 4-hour RSI into overbought, driving bigger moves. I hold for R/Rs of 5 or even 10, not bailing early. 🚀
Rock-Solid Confirmation: RSI confirms my entry trigger. Take BTC/USD:
BTC bounces off a key support at 76,000, sparking an uptrend.
It forms a 4-hour box range, but price tests the ceiling more than the floor, hinting at a breakout.
Trigger: Break above the box ceiling at 85,853.57.
On 15-minute, a powerful candle breaks the ceiling, and RSI hits overbought—that’s my green light. I open a long.
Soon, 1-hour and 4-hour RSI go overbought, signaling stronger momentum. I hold, and BTC pumps hard, hitting high R/R in a short window.
This keeps trades fast and efficient—quick wins or quick stops mean better capital management and less stress. Slow trades? They’re a mental grind, pushing you to close early for tiny R/Rs. 😴
Pro Rules for RSI Success
Here’s how to wield RSI like a trading weapon:
Stick to the Trend : Use RSI in the direction of the main trend (e.g., uptrend = focus on longs).
Confirmation Only: Never use RSI solo for buy/sell signals. Pair it with breakouts or support/resistance triggers.
Fresh Momentum: RSI is strongest when it just hits overbought/oversold. If the move’s already rolling, skip it—no FOMO, walk away!
Customize Zones: Overbought (70) and oversold (30) can shift—it might show reactions at 65 or 75. Adjust to your market’s behavior.
Backtesting RSI: Your Path to Mastery
To make RSI yours, backtest it across at least 30 trades in every market cycle— uptrend, downtrend, and range. Test in volatile markets for extra edge. 😏 Key takeaways:
Range Markets Kill RSI: Momentum oscillators like RSI (or SMA) are useless in ranges—no momentum, no signal. Switch to ROC (Rate of Change) for ranges—I use it, and it’s a beast. Want an ROC guide? Hit the comments!
Overextended RSI Zones: On your entry timeframe (e.g., 15-minute), check higher timeframes (e.g., 4-hour) for past RSI highs/lows. These are overextended zones—price often rejects or triggers a range. Use them to take profits.
Final Vibe Check
This RSI masterclass is your key to trading like a pro—fast R/Rs, big wins, and unshakable confidence . At Skeptic Lab, we live by No FOMO, no hype, just reason. Guard your capital— max 1% risk per trade, no excuses. Want an ROC masterclass or more tools? Drop a comment! If this fired you up, smash that boost—it means everything! 😊 Got a setup or question? Hit me in the comments. Stay sharp, fam! ✌️
Bitcoin Reaches PRZ with Bearish Signals — Is a Drop Imminent?Bitcoin ( BINANCE:BTCUSDT ) has reached the Potential Reversal Zone(PRZ) as I expected in yesterday's post .
Bitcoin is trading in the Heavy Resistance zone($110,720-$105,820) , Potential Reversal Zone(PRZ) , and near the Resistance lines .
In terms of Elliott Wave theory , it seems that Bitcoin has managed to complete the main wave 5 with the help of the Ending Diagonal . The structure of wave 5 can be different.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to drop to at least $105,400 .
Cumulative Short Liquidation Leverage: $107,334-$108,250
Cumulative Long Liquidation Leverage: $105,037-$103,392
Note: We could be in for a bit of excitement in the financial markets during Federal Reserve Chairman Powell's speech.
Note: Stop Loss(SL)= $109,020 = We can expect more pumps.
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.
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