1H Chart Analysis
Bitcoin is currently trading around $111,361, showing signs of potential downside liquidity sweep before a larger move up.
🔴 Key Observations:
📍 FVG (Fair Value Gap) marked around $111,946 - $112,136:
Price has yet to fully mitigate this large imbalance from the recent aggressive sell-off. Expecting price to revisit this area either after sweeping liquidity or as part of a reversal move.
🔻 Downside Liquidity Pools:
There is clear liquidity resting below the current price, stacked around multiple support zones between $111,273 - $110,756. These levels are weak, and likely to be swept — classic inducement setup.
📉 Support Zones (Not Strong):
First zone: $111,273 - $111,035
Second zone: $110,979 - $110,871
These are reaction zones, not strong structural supports. Reversible price action might occur, especially mid-range around $111,078 - $111,035, where price may show temporary bullish signs.
🔄 Expected Scenario:
Minor push into FVG → rejection
Sweep of downside liquidity through weak support zones
Watch for bullish reversal signs post-sweep (possibly around macro news events marked on chart)
Potential full reversal targeting FVG fill and beyond (up to $112,496 - $112,613 resistance area)
⚠️ Key Levels:
Resistance: $112,496 - $112,613
FVG: $111,946 - $112,136
Mid-Reversal Zone: $111,078 - $111,035
Liquidity Sweep Target: $110,756 - $110,871
📅 Event Risk:
News catalysts could affect the price reaction — trade accordingly with proper risk management.
Follow for more,
Greetings,
MrYounity
Bitcoin is currently trading around $111,361, showing signs of potential downside liquidity sweep before a larger move up.
🔴 Key Observations:
📍 FVG (Fair Value Gap) marked around $111,946 - $112,136:
Price has yet to fully mitigate this large imbalance from the recent aggressive sell-off. Expecting price to revisit this area either after sweeping liquidity or as part of a reversal move.
🔻 Downside Liquidity Pools:
There is clear liquidity resting below the current price, stacked around multiple support zones between $111,273 - $110,756. These levels are weak, and likely to be swept — classic inducement setup.
📉 Support Zones (Not Strong):
First zone: $111,273 - $111,035
Second zone: $110,979 - $110,871
These are reaction zones, not strong structural supports. Reversible price action might occur, especially mid-range around $111,078 - $111,035, where price may show temporary bullish signs.
🔄 Expected Scenario:
Minor push into FVG → rejection
Sweep of downside liquidity through weak support zones
Watch for bullish reversal signs post-sweep (possibly around macro news events marked on chart)
Potential full reversal targeting FVG fill and beyond (up to $112,496 - $112,613 resistance area)
⚠️ Key Levels:
Resistance: $112,496 - $112,613
FVG: $111,946 - $112,136
Mid-Reversal Zone: $111,078 - $111,035
Liquidity Sweep Target: $110,756 - $110,871
📅 Event Risk:
News catalysts could affect the price reaction — trade accordingly with proper risk management.
Follow for more,
Greetings,
MrYounity
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.