BTCETH.P trade ideas
BTCUSD Short Pullback Then Long Toward 115500.Analysis:
Currently, BTCUSD is trading near 113000. Based on my technical outlook, I expect a short pullback toward the support zone of 112400. From this demand area, I will be looking for long opportunities, targeting the resistance zone around 115500.
This setup aligns with the “trend is your friend” formula, where the minor retracement could provide a better entry for the next bullish continuation.
Trading Plan:
📉 Wait for retracement near 112400
📈 Enter Long from this zone
🎯 Target: 115500
🛡️ Tight Stop Loss recommended below support
Key Notes:
Market structure remains bullish on higher time frames.
Entry after retracement increases risk/reward ratio.
Note: Always manage your risk carefully.
If you find this helpful, support the idea with a like and comment to motivate me to keep sharing my analysis!
Regards: Forex Insights Pro.
BTCUSD Long Thesis: Awaiting Reversal for a Target of 118000Hello, traders! The market structure for BTCUSD was redefined by a reversal from the prior descending channel. A bullish initiative from the pivot point low near 112000 shifted the balance of power, with the subsequent impulse creating a new high at the 122500 supply zone. This action set the boundaries for the current consolidation phase.
Currently, BTC is consolidating within a large symmetrical triangle, a pattern of contracting volatility. The price auction is being squeezed between the descending supply line and the ascending demand line. The market is now at a critical juncture, testing the integrity of the horizontal demand zone around 113000, the primary area of control for buyers.
The working hypothesis is a long scenario based on a potential liquidity grab. It is anticipated that the price may briefly dip into the 113000 - 112000 demand zone before a sharp bullish reversal. A swift reclaim of the 113000 level would be the key confirmation. Such a reversal is expected to initiate a full rotation towards the upper boundary, with the take-profit set at 118500, a logical target representing a significant area of prior price interaction. Manage your risk!
Bigger drop Incoming?Bitcoin Short-Term View
Bitcoin has shifted from a bullish to bearish short-term trend following a decisive multi-day downside breakout. The recent technical breakdown opens room for further weakness, with the first notable support coming in around the 112,000 level (previous swing lows), and a more significant downside target aligning with the 101,000 area, near the 200-day moving average.
On a broader level, open interest across crypto derivatives remains elevated, signaling stretched positioning at this stage of the cycle. While many market participants are leaning on the narrative of cryptocurrencies as a “safe haven” during periods of global uncertainty, historical data and statistical evidence show that crypto has not consistently behaved as a defensive asset. Instead, it has tended to track broader risk sentiment, amplifying moves during risk-off episodes.
What are your thoughts ?
BTC/USD 22.08.25Bitcoin Tests Key Support: Reversal or Further Decline?
Market Overview
BTC/USD has reached a critical support area around 112,500 – 113,000. The next move will determine whether the price rebounds upward or breaks lower, opening the way to deeper downside levels.
Key Levels
Support: 112,500 – 113,000
Upside target 1: 114,700 – 115,000
Upside target 2: 124,000 – 124,600
Major support below: 107,000
Key D1 level: 98,240
Scenario
Main Scenario (Bearish):
A breakdown below 112,500 could trigger a decline towards 107,000, and if pressure persists, further down to 98,200.
Alternative Scenario (Bullish):
A rebound from current levels and a move back above 115,000 would open the way for recovery toward 124,000 – 124,600.
BTCUSD Long After a strong push up (impulse move), price retraced sharply.
The retracement formed a descending channel (falling wedge).
Falling wedges often indicate bullish reversal potential.
Price recently touched the support zone near $111,800–$111,700, where buyers previously stepped in.
✅ Support & resistance zones are clearly identified.
✅ Pattern recognition: A descending channel aligning with a reversal setup.
✅ Confluence: The channel meets the strong historical support at $111,800.
✅ Risk-to-reward: Entry near support gives a smaller downside risk compared to the upside potential back to $123k.
BTCUSD-SELL strategy Weekly chart GANNBTC is starting to behave southwards. We reject $ 125K hampered by $ 130k GANN resistance. Now we are in negative territory and I feel we may see $ 90k test in the near term.
Strategy SELL @ $ 110-120k and take profit initially at $91k area. Overall we may see move lower towards $ 75k.
HAS THE WAVE 5 STUCTURE PLAYED OUT? OR ONE LAST PUSH FOR BTC??
✅ Elliott Wave Count (Impulse: 1 to 5, then ABC Correction)
It seems to me that Bitcoin completed a 5-wave impulse from the 2018 bottom to the 2025 peak:
• Wave 1: 2018–2019 rally.
• Wave 2: 2019–2020 correction.
• Wave 3: Massive rally into late 2021 (this looks extended).
• Wave 4: Correction into 2022–2023.
• Wave 5: Final rally ending in 2025 (~$130K area).
This count looks valid under standard Elliott Wave rules:
• Wave 3 is not the shortest (it's extended).
• Wave 4 doesn’t overlap Wave 1 territory.
• Clear alternation between Wave 2 and Wave 4.
________________________________________
📉 ABC Correction Outlook (Bearish Bias After Wave 5)
I mapped an (A)-(B)-(C) correction scenario:
• Wave A possibly back to the ~$55-62K region.
• Wave B retrace back to ~$80–90K.
• Wave C targeting the $30K–$35K zone — which aligns with the previous accumulation zone and Fibonacci cluster.
That’s a trading flat or expanded flat correction—realistic and supported by the chart structure.
________________________________________
🔢 Fibonacci Extensions & Retracement Levels
I noted two key levels:
• Level 4.236 (Black): ~$120K — aligns almost perfectly with Wave 5 peak → This is a strong confluence zone.
• Level 11 (Blue): ~$122K — Fibonacci extension from a larger degree → Possibly indicating macro top.
Yes, both levels seem valid and reinforce the end of Wave 5.
Other supportive confluences:
• The Fibonacci clusters in the $35K area line up with historical support and projected Wave C bottom.
• $55K–$69K area (Wave A target) overlaps with the previous ATH range from 2021, a critical support/resistance flip zone.
________________________________________
🟠 Other Observations
• The red triangle breakout in Wave 5 suggests a terminal pattern (ending diagonal).
• The bearish divergence (not shown but likely present based on wave structure) could support the top.
• High-volume node around $30K–$35K supports it as a potential Wave C bottom.
________________________________________
🔚 Summary
My analysis is:
• Technically using both Elliott Wave and Fibonacci tools.
• Well-structured with a realistic ABC correction forecast.
• Accurate in identifying major confluence zones ($120K–$122K top, $55K, and $35K retracement zones).
🔮 What to Watch
• Confirmation of Wave 5 top (break below ~$100K).
• Behavior around $69K–$55K zone (Wave A potential completion).
• Any early accumulation signals near $30K–$35K if Wave C plays out.
BTC Short Trade Setup – Bearish Momentum
🎯 **BTC Short Trade Setup – Bearish Momentum**
📌 **Instrument:** BTC
📉 **Direction:** SHORT
💰 **Entry Price:** \$115,200
🛑 **Stop Loss:** \$116,500
🏹 **Take Profit:** \$111,500
📏 **Position Size:** \$5M (1% of \$500M account)
💪 **Confidence:** 65%
⏰ **Timing:** Enter at market open
⚠️ **Key Risks:**
* Market volatility can trigger rapid moves.
* Breakout above \$116,500 invalidates setup.
* Macro correlations may amplify risk.
✅ **Rationale:**
* Lower highs & lower lows = bearish momentum
* Price below key MAs, weakening bullish conviction
* Technical indicators support short entry
🔥 **TradingView / Social Tags:**
\#Bitcoin #BTCShort #CryptoTrading #CryptoAnalysis #FuturesTrading #TechnicalAnalysis #TradingSignals #RiskManagement #MarketAnalysis #CryptoAlerts #HighConvictionTrade #BearishSetup #PriceAction #TradingStrategy #CryptoMarket
Bitcoin: Confident Breakout of $120K — Targets of $125–$135K!• The trend remains bullish: Bitcoin is trading above $117K–118K, has updated its maximum to $124K. Steady growth is supported by growing institutional investments and a softening regulatory environment.
• Key levels:
- Support: $110K–112K — fundamental holding zone. :contentReference
- Resistance*: $120K–123K. A breakout with volume will open the way to $125–134K.
• Technical signals:
- Short-term consolidation after growth of almost 4% — natural rest before the next rebound.
- If BTC consolidates above $125K, there is potential up to $150K.
Bottom line: Bitcoin is demonstrating a consistently bullish sentiment. Holding above $110-112K is critical, a breakout of $120-123K is a signal for growth to $125-134K, and with strong dynamics - to $150K.
Recommendations:
- Buy on dip around $112-115K with targets of $125K+
- Breakout entry** when consolidating above $123K, targets $125-134K
- Stop-loss: slightly below $110K