Technical analysis by ahmed_albalooshi6666 about Symbol BTC on 5/3/2025
ahmed_albalooshi6666

⚡️ Chart Type: 1DToolset: GANN Fan + GANN Box + VWAP-MA Combo + Custom RSI Cycle + Dynamic S/R levelsAsset: Bitcoin / Tether (BTCUSDT)🔍 Key Observations:1- GANN Fan & Box AlignmentMultiple converging GANN angles from key pivot lows (notably 74,626.93) create a price/time compression zone.The green and red fan lines show clear support and resistance “rails” guiding current BTC movement.2- Support/Resistance Cluster:Major GANN resistance zone: ~91,500–91,900 USDT.Strong mid-range support: ~83,400 USDT (0.75 retracement).A possible reaction zone near 86,300 USDT, in line with VWAP deviation and GANN grid intersection.3- Time-Based Turning Points:April 9, 2025, was a confirmed local bottom, matching RSI cycle lows.May 4–6, 2025 (highlighted in red) is the next GANN timing arc, suggesting a potential swing high or local top.Jun 27, 2025, is the next major GANN time intersection. Depending on the trend strength leading into it, it is highly likely to act as a macro inflection point.4- RSI Cycle Outlook:RSI Master v3 shows overbought conditions (~77), historically signaling near-term cooling or consolidation.Previous similar RSI peaks led to pullbacks into mid-fan levels.Timeline Expectation:Short-Term (5–12 May): Watch for price rejection near 92k, with possible retracement to 86k–83k.Mid-Term (June–July): A consolidation phase likely leading to expansion near July 25, where directional breakout potential increases.Strategy Suggestion:Traders may consider this period (early May) as a high-alert zone. If BTC fails to hold above 91.5k, expect a deeper rotation toward fan base support. July 25 could serve as a strategic entry/exit timing based on confirmation.📈 Not financial advice — time/price confluence zones like these are tools for probabilities, not guarantees. Always manage risk and follow your plan.