? BTCUSD – 15-Minute SMC Breakdown | May 3, 2025 Bitcoin is cooking up something spicy inside this discount zone. All the ingredients are there for a bullish reversal — we just need the final confirmation to execute the long. ? SMC Breakdown: POI Identified: Price has broken into a key OB discount zone (61.8%–79%), tapping 70.5% and chilling near the 79% fib retracement. Weak High: Noted above at ~96,950 – a liquidity target ready to get swept. Price Structure: Series of lower highs and lows forming bearish structure, but no momentum break yet. We're in accumulation range. ? Entry Criteria (Potential): Wait for CHoCH (Change of Character) on lower timeframes (e.g., 1min or 5min) to confirm reversal intent. Ideal entry = bullish engulfing or BOS from within the 70–79% zone SL = below 95,900 (clear invalidation level) TP = Weak High → 96,950+ RR Potential = ~1:5+ ? Why This Matters: Price is deep in premium vs. discount logic. Smart Money loves entries in the 70–79% retracement zones — it’s the sniper's nest. That Weak High = unfinished business. Expecting bullish expansion if this zone holds. ? Pro Tips: Wait for confirmation, don’t blindly buy in the zone. Look for signs of absorption or bullish reaction candles. Always map invalidation level BEFORE entering. ? Final Note: This is the “load-the-clip” zone for Smart Money. No hype, just structure. If BTC reacts here, we could see a clean 1:5 RR into that Weak High. ? What do YOU think happens next? ? Save this setup – it’s textbook. ? Share this with your trading squad & don’t miss the next wave.
Entry at $142.52, tight stop at $138.76, take profit 50% at 157.13, take profit 100% at $178.95
I'm looking for at least one more high, but wave III could already reach that level.
The GREEN fractal is the only cycle operating at present that went up in the past two days. Even this most bullish cycle heads down for a retracement. Bitcoin has not tested any lows since the bottom on 7 May. Time to deliver a HL to stabilise the structure. We saw yesterday 2 May that the pump was forced with no volume and it is a weekend now. Time for a re-visit of the lows.
A couple of interesting dynamics in the market over the latter half of the week: - Minimal reaction to economic data suggests that traders are weighing the pull between deflation and tariffs, which are undoubtedly putting the fed in a bind. Can they raise rates at a time of uncertainty when it comes to tariff-induced inflation. Recent data suggests deflation and a strong economy. Nothing is clear. - The temporary uncoupling of BTC and the Nasdaq100 is interesting, but such narrative-led decoupling has happened on a short-term basis before. Perhaps this time the anti-dollar trade will continue a while longer, until calm is restored. - Businesses seem to be reacting to the Trump uncertainty by slowing down their trading activity and hesitating to invest or grow until more clarity is available. The loss of confidence and reassurance of clear direction may be damaging in the longer-term, elevating the potential for a technical recession as business enter more defensive posturing. - Theres still some potential for good news around a deal between the US and China leading to a return to a risk-on regime in the near-term. The question on whether this will be enough to propel US equities to new all time highs will depend on the pre-existing structural issues with the macroeconomy Enough macro. Here’s what I’m looking at in markets: - SPX has retraced back up to the 0.618 fib of the recent downside move. This coincides with the POC on the anchored volume profile (anchored from the ATH). If the SPX is going to retest the lows, I’d expect it this begin in the next 5-10 days. A complete breakdown below its current lows is unlikely at this stage, but a wick slightly below current lows marking the bottom is definitely on the cards. - BTC’s relative strength is encouraging. A retest of the $88700 level would offer a good entry for a trade back up to the current high at around $109K and perhaps more.
Dear traders. After a bullish week on most of the giants in tech market, Apple lingered! However, based on technicals, after a clear breakout of the trendline and a retest, now the potential of a new upward leg is high. It could retest 224$ as the first target. Let's See!
https://www.tradingview.com/x/BxfLWe8a/ Hello,Traders! NATGAS is growing sharply But the price is nearing a Strong horizontal resistance Around 3.80$ so after the Retest on Monday we will be Expecting a local bearish Correction as Gas is already Locally overbought Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTCUSD bullish momentum continues. It may retrace for a while before uptrend continues.
Disclaimer on this is simple strategy that I did base on Bitcoin cycle in the past , seems this one ready to rally, while they hit by good news either from the government, or the big holder, minor correction is healthy, I mean drow down is good for the coin, I predict this one will hit the target around August, might be wrong, but either right, personal target around 128.000 - 130.000 do your own research
Bank Nifty Technical Outlook: Bank Nifty is currently forming a lower high and higher low pattern, indicating a symmetrical triangle formation. The trading range is getting increasingly narrower, suggesting that a decisive breakout is imminent on either side. Downside Scenario: If Bank Nifty breaks down below 54,200, we could see a retracement towards the 52,930 – 52,300 levels, where multiple virgin CPRs (Central Pivot Ranges) are present, potentially acting as support zones. Traders should closely monitor price action near the current range boundaries for confirmation of direction.