Every read JAFX AI made on the BTC/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:11 UTC
Downtrend since the Sept 21 high, testing the September base · RSI 34 · price 77,464.69
Lower highs and lower lows from 87,273; October floor near 79,170 broken.
D1 has carried a lower-high, lower-low sequence since the 87,273 peak on Sept 21. The October floor near 79,170 gave way in the Oct 29-30 flush that followed the Binance hack, and price is now sitting on the 76,227 swing low, which matches the early-September low to the dollar. RSI is near 34, and price is below both the EMA(20) and a flattening EMA(50). The two averages cluster around the 80,000 psych/ema zone, alongside the 38.2% level of the Sept-Oct decline fib. Weekend trade has compressed into a narrow range, and weak US spot ETF demand has kept the relief bounce shallow.
What it said to watch
- A daily close below the 76,227 swing low extends the lower-low chain toward the 74,902 sept low.
- A reclaim of the 80,000 psych/ema cluster and the 38.2% Sept-Oct fib would challenge the downtrend read.
- A close above the 81,893 lower high breaks the lower-high sequence; the Oct 21 high at 84,797 and the lower-highs trendline sit above.
- An EMA(20) cross below EMA(50) would confirm the swing-trend turn on D1.
- ISM Manufacturing on Mon at 15:00 UTC, followed by Tuesday's US midterms, could materially shift this read.
21:09 UTC
Downtrend since early October, price below rolling-over EMAs · RSI 39 · price 77,464.69
Lower highs and lower lows from the 87K top, holding at the late-August low.
A triple top at 86.9K–87.3K formed between late September and early October, and the 82.6K neckline broke on Oct 7. Each week since has printed a lower high, at 84.8K on Oct 21 and 81.9K on Oct 29. The Binance-hack flush then took price to the 76,227 swing low, an exact match of the late-August low, before the weekend compressed into a narrow range. Price closed October at a -7.3% loss and sits below the EMA20/EMA50 ema cluster near 80.3K, with RSI near 39 and the old 79.2K prior low now acting as overhead resistance.
What it said to watch
- A daily close above the 80,300 ema cluster (aligned with the 38.2% fib) undercuts the lower-high read
- A close below the 76,227 swing low confirms a fresh lower low and exposes the 74,902 sept low
- A rally that stalls below the 81,890 lower high keeps the weekly lower-highs sequence intact
- ISM Manufacturing (Mon 15:00 UTC) and Tuesday's US midterms could materially shift this read
- Continued US spot ETF outflows would reinforce supply capping rebounds below the 79.2K prior low