Bitcoin Bybit chart analysis APRIL 9Hello
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This is the Bitcoin 30-minute chart.
The Nasdaq indicators will be released shortly at 9:30.
-In the bottom left corner, I have connected the entry point of the long position I entered yesterday, $70,981.1, using a blue finger.
I have connected it exactly as it was. -
*Long Position Strategy based on the Red Finger movement path, before and after touching Purple Finger #1
1) After confirming the touch of Purple Finger #1 at the top, the Red Finger $70,940.1 is the entry point for the Long Position / Stop loss if the Green Support Line is broken.
(The stop loss is the same for those maintaining the $70.9K Long Position yesterday.)
2) $72,431.9 Long Position 1st Target -> Top Section 2nd Target Price
If it drops immediately without touching Section #1 at the top,
Hold for a final Long position at Section #2 at the bottom / Stop loss if the Green Support Line is broken.
- MACD pressure is currently in progress on the 4-hour chart.
- A vertical rise may occur if the purple support line is maintained.
Please be cautious, as a drop to the Bottom is possible if Section #2 is broken.
Please use my analysis merely as a reference.
I hope you operate safely by strictly adhering to trading principles and stop-loss orders.
Thank you.
Crypto market
Ethereum Price Action TradeCryptos have been struggling in a range for a long time. Ethereum tried to break out once many times and the chart structure shows that ETH is again trying to breakout of the range. ETH has even formed range within range and has given breakout of the small range.
Now, we do not want to complicate the charts by adding indicators. The chart shows a simple structure of price action. The resistance has turned into supports as shown by the highlighted rectangle. The price retested the same and is again trying to bounce back. Stop loss will be just below the new support range with a long targets of jut above the big range and previous highs.
DOGE Break & Retest Above $0.095 for Long OpportunityDOGE is approaching a key resistance area. A confirmed break and retest of $0.095 as support could provide a solid long spot opportunity, especially if the broader crypto market stays strong.
Trading Levels:
Entry: Break and retest of $0.095 into support
TP1: $0.103 – $0.12
TP2: $0.135 – $0.155
Stop Loss: Below $0.0875
INJ Eyes Bullish Breakout as $3.02 Resistance Flips to SupportINJ is approaching a key resistance level at $3.02. A confirmed breakout and successful retest of this level as support could open the door for further upside.
Waiting for confirmation is important here, as a strong retest would strengthen the bullish case and provide a cleaner long spot setup.
Trading Levels:
Entry: Break and retest of $3.02 as support
TP1: $3.85 - $4.40
TP2: $5.30 - $6.30
SL: Below $2.75
72k Highest OIHello to Fellow Traders
As seen in last idea We have placed Bids For both Long and short, But as of now at 72k is acting as a huge resistance with increasing call writing at extreme level. We can initiate a short at around 72k once the price reaches at that point.
For more clarity kindly refer to the chart
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Oppurtunity Both Sides.Hello to fellow traders,
Right now BTC is trading at around 71k, as you can see in the chart, we might trade on either side BUY ABOVE 72200 and SHORT BELOW 68800.
The price is showing a downward momentum as we can witness heavy call writing at 72k and 74k.Upside is capped for now
Price is consolidating in between Right now.
As for the short Trade, that was given yesterday in the ideas, one can place SL to BE and let it ride till the TP.
As inflation rate and weekly expiry both tommorrow, we can expect some volatility.
For more Clarity refer to the chart
For more BTC OI updates do follow
Short Trade Hello to fellow traders,
We shorted the BTC at yesterday high.
Trade Logic-: Price retraced to Previous day high i.e around 73k to liquidate all the intraday shorters and also we placed our SL to 74200 bcoz highest OI till tomorrow. Good amount of call writing at 74k.
Target was placed at S4pivot.
Followed our Process with all the edges.
Let's See how it goes🙂
Bitcoin Bybit chart analysis APRIL 7
Hello
It's a Bitcoin Guide.
If you "follow"
You can receive real-time movement paths and comment notifications on major sections.
If my analysis was helpful,
Please click the booster button at the bottom.
This is the Bitcoin 30-minute chart.
There are no NASDAQ indicator releases, and a 1+4 pattern is currently in progress.
*The red finger indicates the long position strategy.
1) Entry point for the long position at $68,027.2 (buying the price after the rise) / Stop loss if the purple support line is broken.
2) 1st target for the long position at $69,924 -> 2nd target at the top.
Please refer to the waves marked in the middle.
The reason I set the stop loss so low is that if the purple support line is broken,
the point where the mid-term pattern breaks from the bottom touch onwards,
you can expect a drop to the Gap 9 zone this week.
(Maximum zone 1)
Please use my analysis post only as a reference and for practical application.
I hope you operate safely by adhering to trading principles and strictly using stop loss limits.
Thank you.
Short SqueezeHello Traders,
As seen yesterday BTC showed a great move upwards, it was a perfect example of short squeeze as 70K AND 71K CALL WRITERS got stuck as price move upwards(news driven) and they were forced to buy BTC spot as hedging their position. Perfect example of gamma spike. Now the mail level to breach is 75k as monthly call writers are pretty heavy at that level. we should see some consolidation right now, not much upside left for next 1 or 2 days.
will update if some good trade comes.
Do follow for BTC OI updates(the most powerful tool to read smart money)
Bullish Degen (BULLISH): Wave 3 Breakout Pending?The chart for BULLISH is currently at a major crossroads. After a massive initial rally (Wave 1), we have spent several months in a deep correction (Wave 2). We are now coiled tightly against a long-term descending resistance line.
The Setup
Correction Ending: Price is hugging the green trendline, showing that selling pressure is finally exhausting.
The Opportunity: A clean daily close above this trendline would confirm the start of Wave (3). In Elliott Wave theory, Wave 3 is typically the fastest and most powerful part of the trend.
Volume: We are looking for a spike in volume to "validate" the breakout.
Price Targets
Immediate Target: $0.01 (Psychological level and recent structure high).
Mid-Term Target: $0.033 (Previous resistance zone).
Moonshot Potential: If the "unknown" forum predictions of $10 are to ever materialize, the journey starts with reclaiming the $0.05 All-Time High first.
Bottom Line: Watch the trendline. If it breaks, the "Degen" rally is back on. If it rejects, we may see one more lower low before the real move starts.
DEXEUSDT : Valid Trendline, Clear Demand Zone & Early DistributiThe market structure here in BINANCE:DEXEUSDT.P is a good example of how patience + confirmation leads to higher probability setups.
First, the white trend line is not randomly drawn BINANCE:DEXEUSDT.P it’s validated through multiple clean touches over time. Price respects it as dynamic support, with clear reactions each time it approaches the line. The structure shows higher lows forming along this trend, confirming it as a reliable bullish guide rather than a weak or forced line.
The marked zone above the trend line acts as a key demand area. You can see multiple reactions here where price taps into the zone and moves upward, reinforcing its importance. This confluence (trend line + horizontal demand) is what strengthens the overall structure.
Now, coming to the purple trend line — this is drawn based on the most recent short-term structure where price starts losing momentum. Instead of blindly entering, the idea is to wait for a break below this line and a proper retest from underneath. This helps confirm that short-term control is shifting before considering any position. Without that retest, the setup remains incomplete and riskier.
The curved formation on top represents a gradual shift in momentum. Rather than a sharp rejection, price forms a rounded structure with multiple similar highs, indicating distribution or exhaustion. This kind of curve often signals that buyers are losing strength, especially when it forms after an extended move up.
So the full idea is:
Strong higher timeframe support via the white trend line
A well-respected demand zone reinforcing it
A short-term structure (purple line) defining momentum shift
A rounded top showing weakening bullish pressure
Waiting for confirmation instead of predicting is what keeps the setup safe and repeatable.
NOTE : This is not any tips. Just sharing my POV
Bitcoin Bybit chart analysis APRIL 6
Hello
It's a Bitcoin Guide.
If you "follow"
You can receive real-time movement paths and comment notifications on major sections.
If my analysis was helpful,
Please click the booster button at the bottom.
This is the Bitcoin 30-minute chart.
The Nasdaq indicators will be released shortly at 11:00.
We are currently adding to our long positions at the bottom zone of $65,390.7 -> $66,591.
*Long Position Strategy based on the movement path of the red finger
1. $69,179.3 is the entry point for the long position / Stop loss if the purple support line is broken.
2. $71,182.3 is the first target for the long position -> Good second target.
The final level, $70,510.1, is a zone to utilize for re-entering the long position.
If the purple support line is broken,
Bottom -> The area up to zone 1 is open.
If the price does not drop to the Gap 9 zone at the bottom over the next two weeks starting today, the uptrend may continue.
Please use my analysis merely as a reference and for practical purposes.
I hope you operate safely by strictly adhering to trading principles and implementing stop-loss orders.
Thank you.
69500 Heavy call writingHello Traders,
what we look right now is at 69500 there seems to be heavy call writing for today, also that is a also a good technical level, difficult to break today. So we will look for a short at around 69500-69700 SL placed at 70300 for TP 67700. Purely Data combined with technicals-That's our edge.
Bitcoin Approaching Key Resistance Levels After Strong RecoveryBitcoin (BTCUSD) on the 1H timeframe is showing a short-term bullish recovery after reacting from a well-defined support zone around 65,600. Price has formed a series of higher lows, indicating improving momentum in the near term.
Currently, the market is consolidating just below a minor resistance area, with signs of accumulation. If this structure holds, price may continue pushing toward the first key resistance near 71,900. A successful move above this level could open the path toward the next major resistance around 75,900.
The projected path highlights a possible continuation scenario, supported by the recent shift in structure from lower highs to higher lows. However, price may still experience short-term pullbacks or consolidation before any breakout attempt.
On the downside, the support zone near 65,600 remains a critical level. A breakdown below this area could weaken the current bullish structure and shift momentum back to the downside.
Notes:
This analysis reflects a potential scenario based on current price structure and key levels. Market conditions can change, so always wait for confirmation and manage risk accordingly.






















