Technical analysis by MadWhale about Symbol BTC on 5/26/2025

MadWhale

One green candle is all it takes to trigger thousands of minds into thinkingShould I jump in now?But is this truly a good entry point, or are you just afraid of missing the move?Let’s break down how psychology tricks us into bad trades—and how to fight back with real chart data.Hello✌Spend 3 minutes ⏰ reading this educational material.🎯 Analytical Insight on Bitcoin:📈 Bitcoin is currently respecting a well-structured ascending channel, with price action aligning closely with a key Fibonacci retracement level and a major daily support zone—both acting as strong technical confluence. Given the strength of this setup, a potential short-term move of at least +6% seems likely, while the broader structure remains supportive of an extended bullish scenario toward the $116K target. 🚀Now, let's dive into the educational section,📉 Why Do We Buy More When Markets Are High?It’s a simple question—but the answer runs deep into our psychology. When a crypto pumps, and we’re not in it, our brain doesn’t analyze—it rationalizes:"If I don’t buy now, I’ll miss out."But most people who think like this enter at the top—and exit with regret.🧠 The Psychology of FOMO and Poor TimingIn every rally, a large chunk of entries are triggered by FOMO (Fear of Missing Out).But buying high means you're buying from those who bought lower.And here's the trick: your brain loves the green candles—but ignores volume drops, RSI spikes, or exhaustion signals.🛠 TradingView Tools to Spot Smart Entry PointsWhen it comes to entering a position, emotions are your worst advisor. Fortunately, TradingView offers powerful tools to help you act based on evidence, not instinct. Here’s how to use them:🔹 Trend-Based Fib Extension: One of the best tools to estimate how much room a move still has. Plot it on the previous wave to identify realistic targets.🔹 RSI (Relative Strength Index): When RSI is over 70 or under 30, you’re in emotional territory. Be careful—buying during peak RSI often means you're entering late.🔹 MACD: Look for crossovers between lines and histogram patterns. Use it as confirmation—not a solo trigger—for entries.🔹 Volume Profile: This hidden gem on TradingView shows you where most trading volume has occurred. Buying at volume-supported levels is way safer.🔹 Alerts & Watchlists: Don’t glue yourself to the chart. Set alerts for your conditions and build smart watchlists to stay updated.🔹 Replay Mode: Want to master entries without risking real capital? Use Replay Mode to test strategies and train your eyes.If you want to replace "guessing" with "planning," these tools should be your daily companions.🔍 5-Point Checklist Before You Hit "Buy"Ask yourself these five questions before entering a trade:Is the broader trend actually bullish—or is this just a short-lived bounce?What does RSI or other indicators say about overbuying?Are there major support/resistance zones nearby?Is the volume confirming the move—or fading out?Do you have a target and stop in place—or just a “need to be in”?📊 No Plan Entry = Planned LossIf you jump in without a clear plan, your only focus becomes: “Am I in profit yet?”Not “Is my strategy playing out?”And that’s the trap.A solid entry means you have a signal, a plan, and controlled risk.🧲 How to Avoid Getting Pulled Into Fake RalliesAlways check higher timeframes for confirmationDon’t enter without volume agreementPlan entries after pullbacks, not mid-hypeThink in probabilities, not dreams🧭 Final Takeaway & RecommendationOpportunities never end in the market.Opportunities never end in the market.Opportunities never end in the market.Opportunities never end in the market.Opportunities never end in the market.Opportunities never end in the market.Opportunities never end in the market.i should write this thousand of time ☝️But rushing in only guarantees missed ones.Use your tools and stay calm.The trader who plans always beats the one who panics.always conduct your own research before making investment decisions. That being said, please take note of the disclaimer section at the bottom of each post for further details 📜✅.Give me some energy !!✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.Cheers, Mad Whale. 🐋