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Micro Bitcoin Futures (MBT1!) – DSRTL‑ML Weak Dip at supportMicro Bitcoin Futures (MBT1!) – DSRTL‑ML Weak Dip at S4–D5 Support We are analyzing the weekly structure of Micro Bitcoin Futures (MBT1!) using the institutional DSRTL‑ML support/resistance engine. On this bar the indicator classifies the state as WEAK DIP with a Neutral/Bearish bias and the system message: Testing support, oversold short-term. This reading comes from the current matrix position S4–D5 on the Matrix Map and defines the context for the price action inside this support zone. 1. DSRTL Matrix Diagnosis – State S4–D5 S4 – Static Support in Control Price is trading inside the DSRTL Static Support band: Static S: 84.47K – 96.14K In the logic of DSRTL‑ML, this green support zone marks a historical high‑volume demand node where passive buy liquidity has previously absorbed aggressive selling. It behaves as a structural floor rather than a neutral price area. D5 – Overshoot Below the Dynamic Channel At the same time, price is positioned below the 5‑Point Dynamic Channel: Dynamic Band: 96.41K – 132.03K State D5 describes a downside extension beneath the lower boundary of the dynamic channel. Within this framework, that move is read as an oversold displacement away from the equilibrium path of the trend geometry, not as a fully confirmed new downtrend on its own. Combined Reading – WEAK DIP with Neutral/Bearish Bias The overlap of: price sitting inside Static Support S4, and price being oversold relative to the Dynamic Channel (D5) produces the WEAK DIP classification. The Neutral/Bearish bias tells us that the dominant leg into this area is still downward, but the current candle represents a weaker phase of that dip occurring directly into a pre‑defined demand floor. 2. Key DSRTL Levels on This Chart From the Levels and System panels on the chart: Static Resistance (Supply Block): 111K – 117.17K Upper structural ceiling derived from the DSRTL matrix of historical volume and price interaction. Static Support (Demand Block): 84.47K – 96.14K The active S4 floor where the current weekly bar is developing. Dynamic Channel (Trend Geometry): 96.41K – 132.03K The 5‑Point trend channel that defines the dynamic path of price; its lower edge around 96.41K is the first mean‑reversion checkpoint above the market. Volume Metrics on This Bar: Buying volume (▲): 290.18K Selling volume (▼): 258.91K Total volume (Σ): 549.09K Delta volume (Δ): +31.27K The positive delta together with the WEAK DIP label supports the idea that, inside S4, aggressive selling is meeting responsive buying rather than progressing as a fresh impulsive breakdown. 3. My Structural View Based on DSRTL‑ML From a structural perspective, I read this configuration as follows: Context of the Trend The Neutral/Bearish bias confirms that the larger move into this zone is still a downward leg. The market is not flagged by DSRTL‑ML as a confirmed bullish reversal; instead, we are in a weak phase of the decline, pressing into defined support while the geometry is stretched. Support Floor and Invalidation As long as weekly closes remain above roughly 84.5K – the lower boundary of the S4 block – I consider this area a working demand floor for the current sequence. A decisive weekly close below that level would invalidate the weak‑dip narrative and shift the focus to a more developed breakdown of support. Primary Path While S4 Holds If S4 continues to hold, my expectation is that the oversold S4–D5 state will tend to resolve through mean reversion back toward the lower edge of the Dynamic Channel around 96.41K. In DSRTL terms, that is the first structural magnet above price once an overshoot has occurred. Next Reference Above the Channel Should price manage to re‑enter and hold inside the Dynamic Channel, the next major reference becomes the Static Resistance block at 111K – 117.17K. In my view, that zone represents the upper boundary of the current weekly structure and the area where I would expect supply and volatility to increase again. In short, DSRTL‑ML currently maps MBT1! as a weak dip into S4 support with a still‑bearish background trend. My directional view is that, while this support holds, the structure favors a corrective mean‑reversion phase toward the dynamic band rather than an immediate continuation breakdown, with any weekly close below the S4 floor acting as a clear structural invalidation. Indicator used for this analysis: DSRTL‑ML (Dynamic Support & Resistance Trend Logic). Disclaimer: This publication expresses my personal opinion on the MBT1! chart based solely on the DSRTL‑ML indicator and standard price/volume analysis. It is not financial or investment advice and does not constitute a recommendation to buy or sell any instrument.
CME:MBT1!Long
by ata_sabanci
BTC/USD Trap to bullish Trend Still This chart shows *Bitcoin (BTC/USD)* on a daily time frame with a *bullish* outlook. - *Current price*: 97,924 - *Target 1*: 101,980 - *Support level*: Around *81,053* The price has recently made a correction from the highs, and there's a potential for a *bounce back* towards *101,980*. The support zone around *81,053* suggests a possible area for a reversal if the price drops. Traders should be cautious of any potential downside movement towards this level, but the overall trend appears to be *bullish* towards the target. *Key points*: - *Resistance* around 101,980 - *Strong support* near 81,053 - *Bullish scenario* in the short term This setup suggests a potential price rise back towards *101,980*, with key support at *81,053* in case of a downturn. Always consider proper risk management and stay updated with market movements.
BITSTAMP:BTCUSDShort
by MR_ALBERT4
XAUUSD Technical Analysis 11.04.2023 1h chart– Previous Daily candle closed Bearish at 1991.100 respecting Daily Resistance formed on Thursday 6th April 2023. – Buys on close above 1994.400 targeting 1h Resistance at 2002.000, Leaving Runners to the next 1h Resistance at 2007.900. – Sells on close below 1987.200 targeting 1h Support at 1981.900 which is also the wick fill of the previous Daily Low, Leaving Runners to the 1h Strong Support formed at 1978.000. – FOMC Member Harker due to speak about the economic outlook at an event hosted by Wharton Business School in Philadelphia.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 11.04.2023 1h chart– Previous Daily candle closed strong Bullish at 165.350 breaking above the Daily Resistance formed on Wednesday 5th April 2023. – Buys on close above 165.500 targeting 4h Resistance at 165.810, Leaving Runners to the 1h Resistance at 166.210. – Sells on close below 165.180 targeting 1h previous Resistance formed at 164.910, Leaving Runners to the 1h Support formed at 164.670. – Ideally is to wait for price to pullback to form Support on the lower timeframe allowing the new Daily candle to form a bottom wick before breaking the previous Daily High for more potential Buys.
by SalimFX20
4/6 Watchlist + NotesInitial Thoughts: Incredible day, markets closed friday, minimal inside day setups SPY - Mentioned yesterday that we were bearish going into today for a number of reasons. Early on in the session we saw SPY push up slightly only to be rejected by a downward trend line created in premarket. We hit our downside target at the mid 406 level and even pushed lower than that before making an afternoon reversal. We also hit our lower trend line on the broadening formation created yesterday on the daily. Overall played out perfectly, only could have asked for more downside to 404 if anything TOMORROW: Due to how we closed and previous daily patterns similar to the one we're in now, I am still slightly bearish going into tomorrow, but I think we need to be cautious. With this week being a 4 day trading week, and being at the beginning of a potential daily/weekly reversal point, I think we could see some consolidation just as easily as we could see more downside. Full disclosure, I am not extremely confident in us seeing more downside tomorrow, but it makes the most sense based on our situation. Ideally I would like to see a move lower to the 404 area before consolidating. OVERALL BIAS: Cautiously Bearish Watchlist + Bias: BABA 2-1 Daily: Slightly Bearish (Only inside day to show up on the scanner) SQ - 3-1 Weekly: Neutral (Still has not broken out) DOCU - 1-1-2D Weekly: Bearish (Finally broke out of inside week setup. Watching for continuation going into tomorrow and next week) SHOP - 50% Rule Weekly: Bearish (Finally saw the downside we wanted the other day due to a failed 2U reversal today. Looking to see SHOP hit 44.01 between tomorrow and next week) Main Watch: SQ - Not a crazy good setup, but definitely interested with the weekly chart. We still remain within our inside week setup. I am watching tomorrow to see if we can breakout in either direction to pick up a swing position for next week. I would prefer downside due to my bias with SPY, but I will be open to playing upside as well since SQ is set up to do well in either direction. It is worth noting we made a failed 2D on the daily, which gives us a small bullish bias for tomorrow on SQ, but the past 4 days have been failed 2s, so that may be irrelevant. Entry Long: above 68.24. Upside Targets: 69.74, 70.53, 72.64. Entry Short: Under 66.62 Downside Targets: 65.81, 64.56, 63.51, 61.55 Yesterday's Main Watch: DOCU: What a solid trade. Opened at our short entry, and then dropped steadily throughout the day until reversing with SPY. Cons ran well over 400% from entry (.21 -> 1.06 If I remember correctly). I hope you all can take this play and learn from it, specifically how powerful trades can be if you have a crazy setup like we did with the double inside week. Hope everyone was able to make some money on this one. Watchlist Stats: 3/3 SPY predictions 3/4 Main Watch Plays Top Winner: DOCU (400%+) Personal Stats: 2/3 On The Week Overall: Green - Completely turned the week around for myself after being barely red from monday's session. I credit this to patience and discipline. Most traders would be super eager to start trading again after a losing day. Having patience and waiting for that right trade to turn things around is absolutely key to mastering emotions and being successful in trading. All it takes is 1 good trade per day. Don't overtrade (I know it is very easy to do, and I used to struggle with this), have patience, and most importantly, be comfortable with taking losses, not conditioned to taking losses. Tomorrow will be tricky if I had to guess. Trade smart, and be careful as it is the end of the trading week. And if I am unable to make monday's watchlist until later this weekend, enjoy the holiday for those who celebrate it!
AMEX:SPYShort
by Alanger17