BTCUSDT Perpetual Contract
שורט

Secure profits for BTC long

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Chart Analysis - TradingView (Bybit Perpetual Contract - 1D)
🔍 Overview of the Market Structure
Trend & Channel Analysis

BTC is moving within a well-defined ascending parallel channel, maintaining an upward trajectory.
However, price action has been stagnant and consolidating near mid-channel resistance.
The lower blue trendline serves as support, while the upper blue trendline remains resistance.
BitcoinMF PRO Indicator Signals

Long Signal (Triggered 3 Days Ago) → A long setup was activated at ~96,614 USDT.
Since the entry, BTC has moved up slightly but without a major push yet.
Risk Assessment: Entering now carries more risk than the original entry—as price is approaching key resistance.
Key Support & Resistance Levels

Immediate Resistance: $100,475 - $103,439
Major Resistance Zone: $111,108
Key Support: $96,614 (Recent Buy Signal Level)
Deeper Supports: $88,887 (Liquidation Cluster), $81,374 (Major S/R Flip), $73,115 (Worst-Case Drop)
Bollinger Bands & Volatility Check

The price is hugging the mid-band, suggesting low volatility.
If BTC breaks above the middle line, a move towards the upper band (~$103,000) is likely.
If BTC gets rejected, it may retest the lower band (~$96,000).
📊 Indicators & Momentum Readings
Fisher Transform (Bottom Indicator - NOT Stoch RSI)

The Fisher Transform has started to curl up from a previous oversold region.
This is a bullish sign but still lacks full confirmation of a strong upward impulse.
Volume & Open Interest

Volume is decreasing, indicating a lack of conviction in the move.
A sudden increase in volume could confirm the direction.
Liquidation Zones & Stop Loss Clusters

Bearish Scenario:
A drop below $96,000 could trigger short-term stop losses, leading to a potential wick down to $88,000.
Bullish Scenario:
A break above $100,500 could squeeze short positions, leading to $103,000-$111,000.
🔮 Next Move Probability & Prediction
Scenario 1: Bullish Breakout (🚀)
Probability: 6.5/10 (Moderate Probability)
Reasoning:
✅ BTC is still within an uptrend
✅ The last long signal was valid and still in play
✅ Fisher Transform curling up (potential strength building)
❌ Low volume & indecision holding BTC back
Confirmation Needed:

A daily close above $100,500 with strong volume.
If that happens, a run to 103K - 111K is likely.
Scenario 2: Consolidation & Fakeout (😴)
Probability: 3/10 (Low Probability)
Reasoning:
✅ BTC has been consolidating sideways for a while
❌ However, the trend is still intact
Scenario 3: Drop to Key Supports (📉)
Probability: 4.5/10 (Moderate Probability)
Reasoning:
✅ If BTC fails to break above $100,500, short-term sellers may take control.
✅ A wick down to $96,000 or $88,000 remains possible.
⚠️ Trading Strategy & Risk Management
📌 If Already Long (From 3 Days Ago)

Secure Partial Profits Now
Adjust Stop-Loss to $96,500
If BTC hits $100,500, move SL to breakeven and ride the trend.
📌 If Looking for a New Entry

Safer Option: Buy if BTC closes above $100,500 (Confirmed Breakout)
Riskier Option: Buy if BTC retraces to $96,500 (Retest Entry)
🧠 Jewish Wisdom - Trading Psychology
“A fool and his money are soon parted.” — King Solomon

This is especially true in crypto trading. Patience and risk management are key. Many traders FOMO into positions AFTER a signal has already been confirmed—only to buy at the worst price. Instead, focus on precision, discipline, and proper stop-loss placement.

📢 Final Verdict
➡ Current BTC Probability Rating: 6.5/10 for Upside
➡ Securing profits from previous longs is smart
➡ New longs should wait for a confirmed breakout or retracement

🔍 Want better real-time entries? Upgrade your TradingView setup with BitcoinMF PRO. 🚀

כתב ויתור

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