BTCUSDT.P: In-depth Trend Analysis and Strategies for Today by Lina Engword⚡📈
Hello fellow traders! I'm back with an in-depth analysis of BTCUSDT.P this afternoon. We'll be updating the latest situation and outlining suitable trading strategies together.
Data as of: April 5, 2025
Time: 3:52 PM (Bangkok, Thailand Time)
Current Price: 83,650
Previous Weekly High (PWH): 88,807
Previous Weekly Low (PWL): 81,553.3
Latest Market Overview:
The price of BTCUSDT.P continues to move within a Sideways Up range after we observed short-term bullish momentum this morning. We will examine whether buying pressure can push the price higher by analyzing each timeframe.
Technical Trend Analysis:
- Short-term Timeframe (15m): We continue to see a Bullish price structure with consistent Higher Highs and Higher Lows. SMC shows continuous Bullish BoS (Break of Structure), indicating strong upward momentum. Money Flow remains inflow. EMA lines show the EMA 50 above the EMA 200, and Trend Strength displays a green cloud and buy signals.
- Short-term Timeframe (1H): The trend remains bullish, with the price having broken out above the previous High. SMC still shows a Bullish structure with a Bullish OB (Order Block) that could act as support. Money Flow continues to flow in. EMA lines show the EMA 50 above the EMA 200, and Trend Strength displays a green cloud.
- Mid-term Timeframe (4H): The trend is showing improved signals, with the price breaking out above a minor resistance level. SMC is still in the process of building a Bullish structure with a significant Bullish OB. Money Flow is showing a tendency to flow in. EMA lines show the EMA 50 still above the EMA 200, and Trend Strength displays a small green cloud that is starting to grow.
- Long-term Timeframe (Day): The overall trend remains clearly bullish. The price is above the EMA 200, and Trend Strength continues to display a large green cloud.
Comparison of Indicator Trends:
- Aligned Trends (Bullish in Short Term and Showing Good Signals in Mid Term): Bullish signals in TF15m and 1H are quite clear, and good signals are starting to appear in TF4H, indicating the potential for continued upward movement.
- Divergent Trends (Long Term Still Requires Caution at Key Resistance): Although the long-term trend is bullish, we still need to be cautious of selling pressure around the PWH, which remains a significant resistance.
- Reasoning: Short-term and mid-term bullish momentum is strengthening, increasing the likelihood that the price will be able to move up to test the next resistance levels. Trading on the Long side still has an advantage, but risk management and appropriate Stop Loss levels are crucial.
Summary of Trends as Probability Percentages:
- Short Term: Bullish (80% probability)
- Mid Term: Bullish (70% probability)
- Long Term: Bullish (75% probability)
- Today: Potential for continued upward movement, supported by buying pressure across all timeframes (75% probability of Up).
Example Daily Trade Setups:
Example 1 (Follow Trend - Long After Pullback):
- Enter: Wait for the price to retrace to the Bullish OB area on TF15m or 1H (approximately 83,500 - 83,600) and for a Bullish Price Action signal to form.
- TP: Consider the first resistance around 84,000 and the next target at 84,500.
- SL: Below the Low of the Bullish OB or slightly below the Low of the Price Action signal.
- RRR: Approximately 1:2 or higher.
- Rationale: We will wait for the price to pull back into a zone where buying pressure is likely to return and wait for a confirmation signal before entering Long in line with the trend.
Example 2 (Aggressive Long on Breakout):
- Enter: Enter Long immediately when the price can Breakout above the previous High on TF 1H at approximately 83,800 with increasing Volume.
- TP: First target around 84,200 and the next target at the resistance on TF4H (to be assessed).
- SL: Below the previous High or slightly below the Breakout candlestick.
- RRR: Approximately 1:2.5 or higher.
- Rationale: For this setup, we will trade when we see strong buying pressure capable of breaking through short-term resistance, expecting the price to continue upward.
Example 3 (Be Cautious of Short if a Signal Occurs at Key Resistance):
- Enter: If the price moves up near the PWH at 88,807 and a clear Bearish Price Action signal forms along with weakening Money Flow on shorter timeframes (this situation has not yet occurred, but be prepared).
- TP: Consider the first support around 83,000.
- SL: Slightly above the High of the Bearish Price Action signal.
- RRR: To be assessed when the signal occurs.
- Rationale: Although the main trend is bullish, we must be prepared for a situation where the price may fail to break through significant resistance and a reversal signal occurs.
Disclaimer: This analysis is solely my personal opinion and should not be considered investment advice. Investors should conduct thorough research and make decisions with caution.
Wishing you all the best in your trading this afternoon. If you have any further questions, feel free to ask!
Lina Engword
Daily GOLD Market Analysis by Lina Engword.⚡📈
Hello fellow traders! Welcome back to Lina Engword. Today, we will delve into the analysis of GOLD to identify potential trends and trading strategies for today.
Data as of: April 5, 2025, 02:24 AM (Bangkok, Thailand Time)
Current Price: 3,038.51
Previous Weekly High (PWH): 3,086.83
Previous Weekly Low (PWL): 3,002.32
Latest Market Overview: ⚡
Currently, GOLD continues to exhibit volatility, with price movements fluctuating within various timeframes. Buying and selling pressures are still contending for dominance. Therefore, multi-timeframe analysis is crucial for our trading plan today.
Technical Trend Analysis:
- Short-term Timeframe (15m, 1H): From the 15-minute and 1-hour charts, we observe unclear price action, with alternating Higher Highs and Lower Lows, indicating a short-term Sideways condition. However, we are starting to see the formation of a Bullish Order Block on the 15-minute timeframe, which could signal a potential upward reversal.
- Mid-term Timeframe (4H): On the 4-hour timeframe, the overall trend remains bullish, with the price still trading above the EMA 50 and EMA 200. However, we see selling pressure testing a significant resistance area, which could lead to a short-term consolidation.
- Long-term Timeframe (Day): The daily chart continues to show a strong bullish trend, with the price clearly above the EMA 50 and EMA 200. However, we also see the price approaching the PWH area, which is a key resistance level to watch.
Comparison of Indicator Trends:
- Aligned Trends (Mostly Bullish in Mid and Long Term): The price target still has the potential to move up and test the PWH at 3,086.83, and if it breaks through, there is a possibility of further upward movement.
- Divergent Trends (Short Term is Unclear): Short-term uncertainty may create opportunities for trades on both sides, but clear confirmation signals are needed to determine the direction.
- Reasoning: Although the mid-term and long-term trends remain bullish, short-term volatility and the approach to a key resistance level require us to be cautious and wait for high-probability entry opportunities.
- Trend Summary:
- Short Term: Sideways (55% probability)
- Mid Term: Bullish (70% probability)
- Long Term: Bullish (80% probability)
- Today: Potential for Sideways Up movement, supported by overall mid-term and long-term buying pressure, but be cautious of selling pressure around the key resistance (65% probability of Sideways Up).
Recommended Trading Strategies:
Based on the current situation, I recommend waiting for clear signals in your preferred trading timeframe and prioritizing strict risk management.
- For Short-term Traders: Monitor the Bullish OB area on the 15-minute timeframe. If the price retraces to this area and a Price Action signal confirms an upward reversal, consider entering a Long position with a target at short-term resistance.
- For Mid-term Traders: If the price can firmly hold above the PWH, consider entering a Long position following the main trend, with targets at the next resistance levels on the 4H or Daily timeframe.
- For Cautious Traders: Wait for the price to Breakout or Breakdown from the Sideways range on the 15-minute or 1-hour timeframe with clear Volume before deciding to trade in that direction.
Key Support and Resistance Levels to Watch:
- Support: 3,030.00 - 3,035.00 (Bullish OB on 15m), 3,020.00 (Support on 1H), 3,002.32 (PWL)
- Resistance: 3,045.00 - 3,050.00 (Resistance on 1H), 3,065.00 (Resistance on 4H), 3,086.83 (PWH)
Example Daily Trade Setups:
Example 1 (Focus on Confirmation on the 15-minute Timeframe):
- Enter: Wait for the price to retrace to the 3,033.00 area (near the Bullish OB on 15m) and for a Bullish Engulfing or Hammer candlestick pattern to form.
- TP: 3,048.00 (First Resistance on 1H)
- SL: 3,030.00 (Slightly below the Bullish OB)
- RRR: Approximately 1:5
- Rationale: We will wait for the price to retrace into a buying pressure zone (Bullish OB) and look for Price Action confirmation of an upward reversal to increase the confidence of entering a Long trade.
Example 2 (1-hour Breakout Setup):
- Enter: Wait for the price to Breakout above 3,045.00 (Resistance on 1H) with increasing Volume.
- TP: 3,063.00 (Next Resistance on 4H)
- SL: 3,040.00 (Slightly below the broken resistance level)
- RRR: Approximately 1:3.6
- Rationale: We will enter a trade when we see a signal that buying pressure is strong enough to push the price above a significant 1-hour resistance level.
Example 3 (Consider Short if a Signal Occurs at a Key Resistance):
- Enter: If the price moves up near the 3,065.00 area (Resistance on 4H) and a Bearish Engulfing or Shooting Star candlestick pattern forms on the 15-minute or 1-hour timeframe.
- TP: 3,050.00 (First Support on 1H)
- SL: 3,070.00 (Slightly above the High of the Bearish Price Action signal)
- RRR: Approximately 1:3
- Rationale: If the price fails to Breakout above the key 4-hour resistance and a Bearish signal appears, we will consider entering a Short position with a profit target at the next support level.
Disclaimer: This analysis is solely my personal opinion and should not be considered investment advice. Investors should conduct thorough research and make decisions with caution.
Wishing you all the best in your trading today! See you again in the next analysis!
Lina Engword
