Technical analysis by ELDORADOFX about Symbol BTC: Buy recommendation (9 hour ago)

1. Market Overview BTCUSD is trading around $103,800, posting a strong rebound from the $99,200 liquidity sweep earlier in the week. The bullish momentum is driven by the reclaim of short-term structure and EMA crossovers on intraday charts. While the recovery is technically healthy, BTC now approaches critical resistance between $104,800–$105,400, where rejection or liquidity grabs could occur before continuation. ⸻ 2. Technical Breakdown 🔹 Daily (D1): •The daily structure shows a bullish CHoCH from the 99K demand sweep. •RSI has recovered from oversold (now 41.2), signaling early trend recovery. •MACD histogram tightening — selling momentum fading. •Price is still below the 100EMA (~108K), so overall macro bias remains neutral until 105K–108K is cleared. 🔹 H1: •Clear BOS confirmed with a sequence of higher highs and higher lows. •EMAs aligned bullish (20 > 50 > 200). •RSI near 66, showing strong intraday bullish strength. •MACD positive, confirming momentum favoring the upside. 🔹 15M–5M: •Strong intraday trend channel formed with consistent BOS toward 103,800. •RSI approaching 70 — minor exhaustion likely. •Pullback to 102,200–101,900 expected before next impulsive wave. ⸻ 3. Fibonacci Analysis (Last Swing: 99,249 → 103,895) LevelPrice (USD)Note 38.2%102,200First retracement area 50.0%101,570Mid-zone equilibrium 61.8%100,940Strong support confluence 🎯 Golden Zone: 102,200 – 100,940 → Potential re-entry area for continuation buys. ⸻ 4. High-Probability Trade Scenarios 📈 Bullish Continuation Setup (Main Bias) •Entry Zone: 102,200 – 100,940 (Fibonacci Golden Zone) •TPs: 103,800 → 104,800 → 105,400 → 106,000 •SL: Below 100,600 •Confirmation: Bullish engulfing candle or RSI bounce from 50–55 •Rationale: Break of structure + bullish EMA alignment + increasing volume. 💥 Breakout BUY Setup •Trigger: 1H close above 104,000 •Retest Zone: 103,800–103,600 •TPs: 104,800 → 105,400 → 106,500 •SL: Below 103,200 📉 Bearish Countertrend Setup •Entry Zone: 104,800 – 105,400 (Major resistance) •TPs: 103,800 → 103,000 → 102,200 •SL: Above 105,600 •Confirmation: RSI divergence or bearish engulfing candle on H1/H4 •Rationale: Liquidity trap possible at 105K; short-term overextension. ⸻ 5. Fundamental Watch •Weekend sessions = low liquidity → prone to manipulation and stop hunts. •DXY holding above 105, limiting BTC upside in the medium term. •No major US macro data releases until early next week (CPI & PPI). •Expect Asian session volatility spikes between 1 AM–5 AM UTC. ⸻ 6. Key Technical Levels TypeLevels (USD) Resistance104,000 / 104,800 / 105,400 / 106,000 Support103,000 / 102,200 / 100,940 / 99,200 Golden Zone102,200 – 100,940 Break Buy Trigger> 104,000 Break Sell Trigger< 101,000 ⸻ 7. Analyst Summary BTC shows a clean short-term bullish reversal from the 99K base, supported by strong momentum and structure recovery. However, traders should watch closely the 104,800–105,400 zone — a key liquidity cluster where potential profit-taking or rejection could occur. Pullbacks into 102,200–100,940 remain ideal buy-the-dip zones, targeting 105K+ extension. A confirmed H1 close below 101K would invalidate this bullish bias and reintroduce downside risk. ⸻ 8. Final Bias Summary ✅ Primary Bias: Bullish above 102K (Buy dips toward 102,200–100,940) ⚠️ Secondary Bias: Bearish only if rejection forms at 105,400 or break below 101K ⸻ 🥇 ElDoradoFx PREMIUM 3.0 – PERFORMANCE 07/11/2025 🥇 📅 Precision. Profit. Live Execution. ━━━━━━━━━━━━━━━ 🪙 XAU/USD (GOLD) 🔻 SELL +60 PIPS 🟢 BUY +40 PIPS 🟢 BUY +90 PIPS ❌ BUY -40 PIPS (SL) 🟢 BUY +120 PIPS --- ▶ LIVE TRADING SESSION RESULTS 💥 BUY +100 PIPS 💥 BUY +125 PIPS 💥 BUY +150 PIPS 🧠 Our live sessions continue to deliver consistent profits — traders learned in real-time how to identify clean entries, scale in safely, and secure profits like pros. ━━━━━━━━━━━━━━━ 💰 TOTAL PIPS GAIN: +645 PIPS 📊 8 Trades → 7 Wins | 1 SL 🎯 Accuracy: 87% ━━━━━━━━━━━━━━━ 🔥 Another powerful day for ElDoradoFx Premium 3.0 — combining analysis, education, and execution all in one live environment. 📈 If you’re not joining the live sessions yet, you’re missing real-time profitable setups every day. 👏 Congratulations if you profited! ✅✅✅🚀🚀🚀 — ElDoradoFx PREMIUM 3.0 Team 💼📊