ANFIBO | BTCUSD Analysis – Weekly Trading PlanHi guys! It's me, Anfibo. My plan last week gave us a good profit selling from 118,000 USD to 115,000 USD.
And over the past weekend, BITSTAMP:BTCUSD consolidated in a sideways range, consistently holding above key support. However, with the opening of the new week’s Daily candle, the market decisively broke down through this support zone, signaling that selling pressure is now taking clearer control.
From a technical perspective, the next critical support levels to monitor are:
• $113,000
• $111,000
• $109,500
Around the $110,000 region, I view this as a pivotal area to consider initiating spot entries or building larger long-term positions. This zone is not only a technically strong support level but also carries significant psychological weight for institutional and large-scale flows.
Imo, in the short term, BTC may still attempt a retest of the $115,000 level before resuming its downward trend, depending on lower-timeframe reactions. This creates an opportunity for traders to capitalize on corrective moves.
>>> My Trading Plan for the Week:
(1) SELL SCALP:
– ENTRY: around 115,000
– SL: 117,000
– TP1: 113,000
– TP2: 110,000
(2) BUY SETUP:
- ENTRY: 109,000 - 111,000
- SL: 107,000
- TP1: 117,500
- TP2: 122,000
- TP3: 128,000
This strategy is designed for short-term trades, taking advantage of volatility within the current range. For long-term investors, patience will be key—waiting for BTC to approach $110,000 or lower provides a strategic opportunity to restructure portfolios and scale into positions at more favorable prices.
👉 Conclusion: BITSTAMP:BTCUSD has broken out of its weekend consolidation and is now entering a fresh leg down. Short-term traders should look to sell corrective bounces, while long-term investors should focus on accumulation opportunities near $110,000 - a level that could serve as a “strategic entry” for the upcoming cycle.
WISH EVERYONE A NEW WEEK FULL OF ENERGY! ;)
