Price first · Stories second 5+ yrs mapping confluence zones & pivot points BTC · XAU | Levels & structure | NFA
Global Markets
Joined January 2025
- Tweets5.8K
- Following65
- Followers2.8K
- Likes6.3K
Pinned Tweet
Bitcoin (BTC) - For the past few months I’ve had my plan for trading BTC on the spot market, and I’ve been executing it quietly, without any fuss.
Over the last few months I published a few posts explaining the confluences in this zone.
The first buy was at 58k.
If we make a new low, I’ll add more long positions.
In my opinion, the 83-84k zone on BTC won’t be that easy to break through. We have a cluster of many important levels from larger and smaller waves + FVG here.
From there, a move toward around 77k could occur (38.2% Fib of the entire move measured from ~58k).
However, a break of this resistance would open the way toward 92k (50% of the entire downward move from ATH).
$BTC
We’re back to testing the FOMC wick high, a critical LTF area.
Bulls ideally need to flip this high with force to trigger a nice squeeze into the 83Ks. If they can’t reclaim this high, we could easily flop back down to the 79–80Ks.
Flip the 83–84K area, and 90K is next.
The 76000–77500 zone is a very important support on Bitcoin.
Pay special attention to this zone, tomorrow I will publish a detailed analysis of it.
USDPLN approaching first monthly resistance.
USDPLN is pushing toward the first major resistance zone on the monthly chart. The 3.99–4.09 area is where I expect sellers to step in.
This zone is defined by the 38.2% Fibonacci retracement and a 100% Fibonacci Extension of the largest previous correction (classic 1:1 correction equality).
Price is currently sitting near 3.95 after tagging recent highs around 3.965, so the 3.99–4.09 region is the next clear area to watch for a potential reaction.
Bitcoin - Interesting zone for long setups on the H1 timeframe: 80040–80120.
1:1 correction + 61.8% Fibonacci.
Invalidation: new local high before reaching this zone.
What levels are you watching ?
There’s still some room for further upside on EURPLN.
EURPLN is heading towards 4.60–4.80, as I said in February.
This is the first important resistance on the monthly timeframe.
Note this zone for later.
$EURPLN - monthly timeframe.
After a deep downtrend from 5.00, the price found a bottom around 4.13.
The first key resistance zone is:
• 61.8% Fibo → 4.480
• 38.2% Fibo → 4.462
In my opinion, over the coming months the price will be heading toward the 4.46-4.48 area.
How do you see it ? Up 🔼 Down 🔽
#Forex #TechnicalAnalysis #EURPLN
Will Bitcoin attack the 82290–82680 zone ?
This area is worth watching closely. On the daily chart DiNapoli levels (38.2% + 61.8% Fib) are located here, creating a non random confluence.
If price reaches this zone, monitor whether supply steps in. A reaction here could define the next short term move.
Yesterday, despite breaking the 80k level on Bitcoin, the market closed the daily candle above 80k (within the 1:1 correction) and is still trying to defend this geometry.
As I wrote in the previous post, if 80k falls, the next support is around 77k.
Attention! Bitcoin has attacked the support from the 1:1 correction around 80k for the second time.
The first time it defended this support and bounced toward around 85k.
If the daily candle closes below 80k, look toward around 77k, that’s where the next important support is located.
At 77k falls the equality of the downward waves, measured with the Fib extension tool at 1 (100%).
Attention! Bitcoin has attacked the support from the 1:1 correction around 80k for the second time.
The first time it defended this support and bounced toward around 85k.
If the daily candle closes below 80k, look toward around 77k, that’s where the next important support is located.
At 77k falls the equality of the downward waves, measured with the Fib extension tool at 1 (100%).
Bitcoin Update:
I hope you understand the power of a 1:1 correction combined with proper Fibonacci measurement.
Wonderful reaction to this confluence.
