BTCUSDT – Weekly Bullish Outlook
Weekly Context: Price has held the weekly Fair Value Gap and bounced off the 50 EMA, with clean wick rejections signaling strong buyer demand. The recent pullback (~32% from ATH) remains within historical correction bounds, and the tiny current retrace (<1%) suggests low downside risk. A triple bottom on the weekly RSI cycle around 40 further supports a bullish reversal.
Trade Plan (Long):
– Entry: Add longs near the weekly FVG / 50 EMA (around 75–87k).
– Stop: Place just below the FVG low (≈70k), risking ~5% of account.
– Target: First at 100k (psychological level), then previous ATH region for a 1:3+ RRR.
Bullish Catalysts:
• Weekly 50 EMA has only closed below twice—support intact.
• Weekly FVG wick signals have historically delivered high-probability bounces.
• Triple bottom on weekly RSI signals major capitulation is complete.
• Macro backdrop (equities & gold) remains positive for BTC.
Stay alert for any decisive weekly close below the EMA—until then, the bulls remain in control. 🚀
Weekly Context: Price has held the weekly Fair Value Gap and bounced off the 50 EMA, with clean wick rejections signaling strong buyer demand. The recent pullback (~32% from ATH) remains within historical correction bounds, and the tiny current retrace (<1%) suggests low downside risk. A triple bottom on the weekly RSI cycle around 40 further supports a bullish reversal.
Trade Plan (Long):
– Entry: Add longs near the weekly FVG / 50 EMA (around 75–87k).
– Stop: Place just below the FVG low (≈70k), risking ~5% of account.
– Target: First at 100k (psychological level), then previous ATH region for a 1:3+ RRR.
Bullish Catalysts:
• Weekly 50 EMA has only closed below twice—support intact.
• Weekly FVG wick signals have historically delivered high-probability bounces.
• Triple bottom on weekly RSI signals major capitulation is complete.
• Macro backdrop (equities & gold) remains positive for BTC.
Stay alert for any decisive weekly close below the EMA—until then, the bulls remain in control. 🚀
Note
Fondera | Data-Driven Trading
💎 Join our trading community: discord.gg/XCEpKE87Qc
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🌐 Explore my journey: linktr.ee/Fondera
💎 Join our trading community: discord.gg/XCEpKE87Qc
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Fondera | Data-Driven Trading
💎 Join our trading community: discord.gg/XCEpKE87Qc
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
💎 Join our trading community: discord.gg/XCEpKE87Qc
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.