BTCUSD (Bitcoin) Buy Setup – VSA & Market Structure Analysis
✅ Entry: As marked on chart
🎯 Take Profit 1 (TP1): Highlighted zone on chart
🎯 Take Profit 2 (TP2): Highlighted zone on chart
🛑 Stop Loss (SL): Defined below recent demand zone
📊 Technical Insight (VSA & Market Structure):
The recent decline into the support zone occurred on diminishing volume, indicating a lack of selling pressure.
A climactic volume spike (stopping volume) followed by a wide spread bullish candle suggests strong professional buying activity.
Subsequent bars show narrow range candles with low volume, characteristic of an absorption phase, hinting at smart money accumulation.
Price is now attempting to break above the previous minor resistance, which would confirm demand overcoming supply.
The broader market structure aligns with this setup: Bitcoin is in a higher timeframe accumulation range, and this move could initiate a markup phase as per Wyckoff/VSA principles.
📍 As long as price holds above the stop loss zone, we expect a bullish leg towards TP1 and TP2, in line with the emerging demand dominance.
🎯 Take Profit 1 (TP1): Highlighted zone on chart
🎯 Take Profit 2 (TP2): Highlighted zone on chart
🛑 Stop Loss (SL): Defined below recent demand zone
📊 Technical Insight (VSA & Market Structure):
The recent decline into the support zone occurred on diminishing volume, indicating a lack of selling pressure.
A climactic volume spike (stopping volume) followed by a wide spread bullish candle suggests strong professional buying activity.
Subsequent bars show narrow range candles with low volume, characteristic of an absorption phase, hinting at smart money accumulation.
Price is now attempting to break above the previous minor resistance, which would confirm demand overcoming supply.
The broader market structure aligns with this setup: Bitcoin is in a higher timeframe accumulation range, and this move could initiate a markup phase as per Wyckoff/VSA principles.
📍 As long as price holds above the stop loss zone, we expect a bullish leg towards TP1 and TP2, in line with the emerging demand dominance.
Dagangan ditutup: sasaran tercapai
Both TP1 and TP2 achieved.
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.
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.