• Summary:
- 4H Timeframe:Price is retesting a bullish Order Block and FVG (Fair Value Gap)suggesting potential support.
- 1H Timeframe:Key demand zone at 0.005099–0.004956** (first order block). A reversal is likely if:
- Bearish momentum weakens (declining selling volume).
- Bullish confirmation (pinbar/engulfing candle) appears.
- Trade Plan:Buy on confirmation, targeting 0.006305, with SL below 0.004912.
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Scenario Breakdown:
1. Key Levels:
- Support (Buy Zone):0.004956–0.005099 (1H Order Block).
- Resistance (TP):0.006305 (next liquidity area).
- Invalidation (SL):0.004912 (break below order block).
2. Entry Conditions:
- Trigger: Bullish reversal candle (e.g., pinbar/engulfing) on the 1H timeframe.
- Confirmation: Reduced selling volume + RSI/MACD showing bullish divergence (optional but recommended).
3. Trade Management:
- Entry: 0.004956–0.005099 (limit orders preferred).
- Stop Loss: 0.004912 (risk: ~2–3%).
- Take Profit: 0.006305 (RRR 1:2.5).
4. Additional Context:
- The 4H FVG and order block reinforce the 1H demand zone.
- Watch Bitcoin’s movement for macro trend alignment.
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Conclusion:
A high-probability long setup if price respects the order block and shows bullish reversal signs. Invalidation below 0.004912.
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#DEGEN #Crypto #PriceAction #OrderBlock #FVG #SwingTrading
- 4H Timeframe:Price is retesting a bullish Order Block and FVG (Fair Value Gap)suggesting potential support.
- 1H Timeframe:Key demand zone at 0.005099–0.004956** (first order block). A reversal is likely if:
- Bearish momentum weakens (declining selling volume).
- Bullish confirmation (pinbar/engulfing candle) appears.
- Trade Plan:Buy on confirmation, targeting 0.006305, with SL below 0.004912.
---
Scenario Breakdown:
1. Key Levels:
- Support (Buy Zone):0.004956–0.005099 (1H Order Block).
- Resistance (TP):0.006305 (next liquidity area).
- Invalidation (SL):0.004912 (break below order block).
2. Entry Conditions:
- Trigger: Bullish reversal candle (e.g., pinbar/engulfing) on the 1H timeframe.
- Confirmation: Reduced selling volume + RSI/MACD showing bullish divergence (optional but recommended).
3. Trade Management:
- Entry: 0.004956–0.005099 (limit orders preferred).
- Stop Loss: 0.004912 (risk: ~2–3%).
- Take Profit: 0.006305 (RRR 1:2.5).
4. Additional Context:
- The 4H FVG and order block reinforce the 1H demand zone.
- Watch Bitcoin’s movement for macro trend alignment.
---
Conclusion:
A high-probability long setup if price respects the order block and shows bullish reversal signs. Invalidation below 0.004912.
---
#DEGEN #Crypto #PriceAction #OrderBlock #FVG #SwingTrading
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.