BTC/USDT 1H Chart: Channel Breakdown Alert!Hey Bitcoin traders! Let’s dive into this 1-hour BTC/USDT chart. Bitcoin has made a decisive move, and it’s not looking good for the bulls!
BTC was trading within a well-defined ascending channel, with key levels at $95,800 (upper resistance) and $88,000 (last higher high). The price recently tested the support around $95,800 but failed to rebound, and now it’s crashed below the channel’s support, currently sitting at $94,300. This breakdown signals potential bearish momentum!
The next critical support to watch is $92,000, and if that fails, we could see BTC slide toward the previous resistance at $84,400. On the flip side, a recovery above $93,000 might bring some relief, with resistance at $98,000 and a potential retest of $100,000.
Key Levels to Watch:
Resistance: $95,800, $98,000
Support: $92,000
Breakdown Target: $86,000
Recovery Target: $98,000+
The bears are in control — where do you think BTC is headed next? Let’s hear your thoughts below!
Community ideas
Hanzo | US30 15 min Breaks – Will Confirm the Next Move🆚 US30 – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
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💯 Main Focus: Bullish Break Out at 41280
We are watching this zone closely.
💯 Main Focus: Bearish Break at 40990
We are watching this zone closely.
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Analysis
👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 40850
• Liquidity Grab + CHoCH at 41400
• Strong Rejections seen at:
➗ 41000 – Major support / Key level
➗ 40600 – Major support / Key level
➗ 41280 – Proven resistance
🩸 Key Zones to Watch:
• 40990 – level X 6 Swing Retest
• 41270 – Strong resistance (tested 5 times) /15min
• 41000 – Equal lows
• 41400 – Equal highs
BAL ready for strong move upBAL is oversold with bullish divergence. It broke multi year diagonal resistance line and tested it from above, doing similar pattern to OM before it went for crazy bull run.
I am expecting bounce up and strong push toward May 2021 pivot (fibb 0.886/ATH range). If we manage to hold there, do a consolidation with series of higher lows, then expect breakout to new ATH with max potential target being fibb 1.618 extension triggering big correction - similar move to OM.
BTCUSDTHello everyone! The downtrend in BTCUSDT continues with strong volume. Since May 3rd, the bearish trend has remained intact, and the current delta rate stands at -45%.
This indicates that the downward momentum is likely to continue for a while.
Therefore, I’m planning to open a short position on BTCUSDT.
You can find the entry, exit, and TP levels below.
🔍 Criteria:
✔️ Timeframe: 15M
✔️ Risk-to-Reward Ratio: 1:1.50
✔️ Trade Direction: Sell
✔️ Entry Price: 94586.48
✔️ Take Profit: 94113.32
✔️ Stop Loss: 94902.08
🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes.
📌 If you're also interested in systematic and data-driven trading strategies:
💡 Don’t forget to follow the page and subscribe to stay updated on future analyses.
BTC/USD) Trend channel analysis setup Read The ChaptianSMC Trading point update
technical analysis of Bitcoin (BTC/USD) on the 1-hour timeframe. It showcases a potential breakout continuation vs. pullback scenario, depending on how price reacts around a key short-term resistance area.
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Key Observations:
1. Current Price:
$93,754 — Price is consolidating just below a local high.
2. Support and Resistance Zones:
Support BOS (Break of Structure): Around the $87,351 level, highlighted in yellow.
Upper Target Zone: $98,954–$98,983
200 EMA: Near $86,926, offering dynamic support.
3. Two Possible Scenarios:
A. Bullish Continuation:
If the price holds above the immediate structure and breaks out of the short-term consolidation near the top:
It may surge toward the upper target zone ($98,983).
This aligns with the ascending channel and continuation pattern.
B. Bearish Pullback:
If the price fails to sustain above the resistance area:
A correction down to the support BOS zone (~$87,351) is likely.
This pullback may be temporary, potentially offering a re-entry zone for bulls.
4. RSI Analysis (Bottom of Chart):
RSI is showing signs of bearish divergence (price making higher highs while RSI makes lower highs).
This suggests momentum is weakening, and a short-term pullback could occur.
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Trade Ideas:
Long Setup (Breakout):
Entry: Above recent high (~$94,500).
Target: ~$98,950
Stop Loss: Below ~$92,000
Short Setup (Rejection):
Entry: Rejection near ~$94,000–$94,500
Target: ~$87,350
Stop Loss: Above ~$94,800
Mr SMC Trading point
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Summary:
This analysis reflects a critical decision point for BTC/USD. Price is nearing a local high with RSI divergence suggesting a pullback may come first — but if buyers remain strong and break resistance, a continuation toward GETTEX:98K is likely. Wait for confirmation of direction before entering.
Pales support boost 🚀 analysis follow)
USDZAR-SELL strategy 9 hourly chart GANN SQThe pair is oversold, and for those willing to go long for correction, the move upwards will be likely stalling near 18.4750 (double bottom area.
In terms of the break and the GANN SQ it is likely better to sell into rally.
Strategy SELL @ 18.4150-18.4450 and take profit near 18.2750 for now.
Learn KEY PRINCIPLES of Technical Analysis in Gold Forex Trading
In the today's article, we will discuss the absolute basics of trading - 3 key principles of technical analysis in Forex & Gold Trading.
1️⃣History Repeats
History tends to repeat itself in the Forex market.
Certain trends are cyclical and may reemerge in a predictable manner, certain key levels are respected again and again over time.
Take a look at the example:
Silver perfectly respected a historical horizontal resistance in 2011 that was respected in 1980 already. Moreover, the price action before and after the tests of the underlined zone were absolutely identical.
2️⃣Priced In
All relevant information about a currency pair: economical and political events, rumors, and facts; is already reflected in a price.
When the FED increased the rate 26th of July by 25 bp, EURUSD bounced instead of falling. Before the rate hike, the market was going down on EXPECTATIONS of a rate hike. The release of the news was already price in.
3️⃣Pattern DO Work
Some specific price models can be applied for predicting the future price movements.
Technicians strongly believe that certain formations - being applied and interpreted properly, can give the edge on the market.
Depending on the trading style, different categories of patterns exist: harmonic patterns, price action patterns, wave patterns, candlestick patterns...
Above, I have listed various price action patterns that are applied by many traders and investors as the main tool for analyzing the financial markets.
If you believe in these 3 principles, you are an inborn technician!
Study technical analysis and learn to apply these principles to make money in trading.
b]❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TSLA Drill Team is Back
Against the background of everything that is happening, from a fundamental point of view, Tesla is facing significant headwinds as we approach its Q1 2025 earnings.
A 13% year-over-year decline in deliveries, ongoing margin pressures from price cuts, and negative consumer sentiment tied to Elon Musk’s political involvement are weighing on the company.
While the energy segment and potential updates on the affordable vehicle could provide some upside, the risk of a disappointing earnings report looms large, potentially exacerbating Tesla’s challenges in a competitive EV market.
Technically
We see that the price is consolidating near the lower boundary of the golden pocket on the FIBO channel on the 1-hour chart. For a few days now, the price has been holding just above the 240.00 support level, but the bearish trend remains dominant with 23 out of 26 technical indicators signaling bearish sentiment as of April 20, 2025.
Entry SHORT around 240$ targeting 220$
Post-earnings, we could see a breakdown below 220.00, targeting the next support at 216.00, from which the future prospects will depend.
Resistance levels: 270, 250, 240
Support levels: 220, 216, 210
The price is struggling to break above the resistance, consolidating over days. With earnings on Tuesday, there’s a high probability of a breakdown if the report misses expectations or lacks clear guidance on growth initiatives.
A break and consolidation below 230.00 could lead to a decline toward 220.00 or even 210.00 in the coming week.
However, if Tesla surprises positively—particularly with strong energy segment growth or clarity on the affordable vehicle—we might see a reversal. Still, the current setup suggests caution, and we’ll need to monitor the price reaction closely post-earnings.
Keep your long term vision NASDAQ:TSLA
BTCUSD... 1H CHAT PATTERNMy describing a BTC/USD (Bitcoin to US Dollar) *long trade setup* with the following parameters:
* *Entry (Buy):* 9584
* *1st Target (TP1):* 9600
* *2nd Target (TP2):* 9755
* *Stop Loss (SL):* 9500
### Trade Summary:
* *Risk:* 84 points (9584 - 9500)
* *Reward (TP1):* 16 points
* *Reward (TP2):* 171 points
* *Risk/Reward Ratio:*
* TP1: \~0.19 (not favorable)
* TP2: \~2.04 (good)
### Key Considerations:
* TP1 is very close to the entry price — possibly useful for a quick scalp or partial exit.
* The overall trade becomes favorable if you're targeting TP2 and using proper position sizing.
* Ensure this aligns with your trading strategy and current market conditions (momentum, support/resistance, volume).
CHILLGUY Structure Looks Solid — Watch for the Bounce#CHILLGUY IMO, it will come back around the previous resistance level, which is now acting as support.
From there, we can see a fresh bounce and a strong move upward.
The structure looks good; there is no noise, just clean price action.
#Altseason2025
Caution time in niftyFrom few days market is going sideways in direction while number of declining stocks in market have surpassed the number of advancing stocks which shows us the underlying selling in stocks. This shows underlying weakness in stock market. This may change in future but currently need to be cautious in market. Tighten your stoplosses or trade with low position size.
BTCUSDTI’ve cancelled this trade. The new setup will be the one I’m sharing now. 🔄📉
A potential short signal is forming on BTCUSDT. However, it's not ideal to open the sell position right now — we need to wait for the price to reach a specific level. Once it does, we can execute the trade.
So, what are the entry, TP, and SL levels for this setup?
If you’ve just started following me, let’s get started!
🔍 Criteria:
✔️ Timeframe: 15M
✔️ Risk-to-Reward Ratio: 1:1.50 / 2
✔️ Trade Direction: Sell
✔️ Entry Price: 95652.05
✔️ Take Profit: 95300.05
✔️ Stop Loss: 95827.73
🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes.
📌 If you're also interested in systematic and data-driven trading strategies:
💡 Don’t forget to follow the page and subscribe to stay updated on future analyses.
Ethereum: Time for the ALT COIN KING to reclaim its throne Who wants Ethereum? Nobody! But that's when the best investment opportunities present themselves. Over the past few weeks Ethereum has seen a sizeable bounce off the 0.618 fib, and the 2017 Bull Market Top at $1,420.
The trade idea is that Ethereum never finished its bear market correction, and still needs Orange Wave D & E to complete the bear market correction (Yellow Wave 4). Additionally, on the monthly time frame, Ethereum has printed a bullish monthly dragonfly doji. In my opinion, this has reduced the probability of Ethereum crashing into the abyss. Targeting at least $7,290.50 for a potential bull market top.
In the short term, Ethereum must reclaim the resistance level at $2,112 as support ASAP. Additionally, Ethereum Dominance is trading in Wyckoff Accumulation on lower time frames.