- Current price #BTCUSDT on the daily chart: 67,299 USDT
- The overall trend is bearish, the price has just broken out of a recent downward impulse
- The most recent high (high) of the last swing: 111,230 USDT
- The most recent low (low) of the last swing: 60,000 USDT
- Equilibrium level (equilibrium): 85,625 USDT
- Volatility volume is high, ATR around 4,000 USDT
- Indicators are mixed: MACD and Vortex indicate a bearish trend, but Stochastic, Momentum, RSI, PSAR, MFI, and Fisher are bullish, suggesting a possible rebound or formation of a local bottom
📈 Critical levels:
- Resistances: 66,787, 72,271, 78,846, 84,450, 89,311, 97,924, 108,620, 116,400, 126,199 USDT (important for taking profits on longs or finding shorts during manipulations)
- Supports: 62,500, 60,000, 56,500, 50,500, 47,772, 45,500 USDT (key zones for looking for long setups)
- A strong liquidity grab zone is expected around 60,000 USDT — this is a key level where manipulations and reversal pattern formations may occur
- Disbalance areas (FVG, Fair Value Gap) are present between 84,450 – 91,784 and 87,500 — likely to be retested after liquidity is absorbed
📌 Trading ideas:
- Keep a close eye on the 60,000 — 62,500 USDT zone: if the price manipulates this level (false breakout, wick, strong buy-up with bullish engulfing candle or pin bar), a long setup appears
- Potential entry point for a long: after a false breakout of 60,000 USDT and a reversal signal on lower timeframes (for example, pin bar, bullish engulfing, structure change on M15-M30)
- First take-profit target — 66,787 USDT, second — 72,271 USDT, then — 78,846 USDT
- I recommend placing a stop-loss slightly below the formed extremum (swing low) if the entry is confirmed
- For aggressive traders — consider shorting if the price returns to 84,450 — 87,500 USDT, especially if reversal patterns and bullish weakness appear (for example, bearish engulfing, retracement into FVG, and downward bounce)
+++ My forecast:
- Currently, I expect an attempt to liquidate downward — possibly a quick dip below 60,000 USDT followed by a buy-up
- After that, I anticipate a local reversal upward, returning at least to 66,787 and 72,271 USDT
- To enter a long, I wait for signs of manipulation below 60,000, only entering after confirmation — preferably a pin bar, structure change, or strong engulfing on lower timeframes
- If the price consolidates below 60,000 USDT and starts making new lows, the long scenario is canceled — watch for 56,500 and lower
- If the price returns above 72,271 and breaks 78,846, the scenario shifts to bullish, and we can expect movement toward 84,450 and higher
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- Current price #BTCUSDT on the daily chart: 67,299 USDT
- The overall trend is bearish, the price has just broken out of a recent downward impulse
- The most recent high (high) of the last swing: 111,230 USDT
- The most recent low (low) of the last swing: 60,000 USDT
- Equilibrium level (equilibrium): 85,625 USDT
- Volatility volume is high, ATR around 4,000 USDT
- Indicators are mixed: MACD and Vortex indicate a bearish trend, but Stochastic, Momentum, RSI, PSAR, MFI, and Fisher are bullish, suggesting a possible rebound or formation of a local bottom
📈 Critical levels:
- Resistances: 66,787, 72,271, 78,846, 84,450, 89,311, 97,924, 108,620, 116,400, 126,199 USDT (important for taking profits on longs or finding shorts during manipulations)
- Supports: 62,500, 60,000, 56,500, 50,500, 47,772, 45,500 USDT (key zones for looking for long setups)
- A strong liquidity grab zone is expected around 60,000 USDT — this is a key level where manipulations and reversal pattern formations may occur
- Disbalance areas (FVG, Fair Value Gap) are present between 84,450 – 91,784 and 87,500 — likely to be retested after liquidity is absorbed
📌 Trading ideas:
- Keep a close eye on the 60,000 — 62,500 USDT zone: if the price manipulates this level (false breakout, wick, strong buy-up with bullish engulfing candle or pin bar), a long setup appears
- Potential entry point for a long: after a false breakout of 60,000 USDT and a reversal signal on lower timeframes (for example, pin bar, bullish engulfing, structure change on M15-M30)
- First take-profit target — 66,787 USDT, second — 72,271 USDT, then — 78,846 USDT
- I recommend placing a stop-loss slightly below the formed extremum (swing low) if the entry is confirmed
- For aggressive traders — consider shorting if the price returns to 84,450 — 87,500 USDT, especially if reversal patterns and bullish weakness appear (for example, bearish engulfing, retracement into FVG, and downward bounce)
+++ My forecast:
- Currently, I expect an attempt to liquidate downward — possibly a quick dip below 60,000 USDT followed by a buy-up
- After that, I anticipate a local reversal upward, returning at least to 66,787 and 72,271 USDT
- To enter a long, I wait for signs of manipulation below 60,000, only entering after confirmation — preferably a pin bar, structure change, or strong engulfing on lower timeframes
- If the price consolidates below 60,000 USDT and starts making new lows, the long scenario is canceled — watch for 56,500 and lower
- If the price returns above 72,271 and breaks 78,846, the scenario shifts to bullish, and we can expect movement toward 84,450 and higher