BTC’s recent structure shows a liquidity sweep followed by a clean break of structure (BOS). Price then retested a 1H order block, which offered a textbook long entry.
Confluence is reinforced by the 50 EMA crossing above the 200 EMA, a bullish confirmation aligning short- and long-term trend bias. From here, price is targeting the 4H highs at 117.2K, but this zone doubles as a potential liquidity grab area.
Key technicals:
The question: do bulls extend through 117.2K for continuation, or does BTC reject at this liquidity pocket before resetting?
Confluence is reinforced by the 50 EMA crossing above the 200 EMA, a bullish confirmation aligning short- and long-term trend bias. From here, price is targeting the 4H highs at 117.2K, but this zone doubles as a potential liquidity grab area.
Key technicals:
- Support: 114.8K (50 EMA), 113.6K (200 EMA).
- Resistance: 117.2K (previous 4H highs).
- Structure: Higher highs forming post-BOS, sustained above order block demand.
The question: do bulls extend through 117.2K for continuation, or does BTC reject at this liquidity pocket before resetting?
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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.