We’re currently witnessing a potential short-term reversal on BTC’s lower timeframe after a volume-supported breakdown and sweep of local lows.
🔍 Key Observations:
Price swept liquidity at local lows (~103,929.27)
Entered into a clear reaccumulation box with responsive buyers
Volume profile shows prior POC just above – room for fill
Fibonacci retracement aligns with key structure:
0.5 = 104,372.94
0.618 = 104,268.23
1.0 = 104,816.60 (final high target for this impulse)
📈 Potential Play:
Entry Zone: Just above the sweep candle (104,100–104,200)
Target 1: 0.382 at 104,477
Target 2: 104,816.60
Invalidation: Close below 103,926
🧠 Mindset:
This is a classic liquidity sweep → reaction → reclaim pattern. If BTC flips the 0.5 level with strong momentum, a short squeeze toward the 104.8K area becomes likely.
Great opportunity for scalpers or day traders.
Let me know if you want this turned into a long-form breakdown or sent in another format.
🔍 Key Observations:
Price swept liquidity at local lows (~103,929.27)
Entered into a clear reaccumulation box with responsive buyers
Volume profile shows prior POC just above – room for fill
Fibonacci retracement aligns with key structure:
0.5 = 104,372.94
0.618 = 104,268.23
1.0 = 104,816.60 (final high target for this impulse)
📈 Potential Play:
Entry Zone: Just above the sweep candle (104,100–104,200)
Target 1: 0.382 at 104,477
Target 2: 104,816.60
Invalidation: Close below 103,926
🧠 Mindset:
This is a classic liquidity sweep → reaction → reclaim pattern. If BTC flips the 0.5 level with strong momentum, a short squeeze toward the 104.8K area becomes likely.
Great opportunity for scalpers or day traders.
Let me know if you want this turned into a long-form breakdown or sent in another format.
Smart Money signals. Hourly trades. More Signals here
📍Telegram: t.me/smartflowblog
📍Telegram: t.me/smartflowblog
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Smart Money signals. Hourly trades. More Signals here
📍Telegram: t.me/smartflowblog
📍Telegram: t.me/smartflowblog
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.