Market Overview
Bitcoin (BTCUSD) is showcasing a classic Smart Money Concepts (SMC) bullish reversal setup on the lower timeframes after a massive sweep of liquidity and structural shifts.
Following a localized rounded top distribution, price aggressively swept lower to mitigate a high-probability 1-Hour Order Block (H1-OB). This zone is acting as immediate institutional demand, signaling that the corrective phase may be over.
Technical Breakdown
Liquidity Hunt ($): Price successfully swept the sell-side liquidity ($) resting below the previous swing lows, trapping early breakout bears.
Break of Structure (BOS): We witnessed multiple internal Breaks of Structure (BOS), confirming a shift in market sentiment from bearish to bullish as aggressive buyers stepped in.
H1 Order Block Mitigation: Price has retraced cleanly into the H1-OB zone (highlighted in teal). This area represents the last down-close candle before the impulsive upward move, serving as our primary demand zone.
The Projected Path: As drawn on the chart, price is expected to establish a higher low inside or just above the H1-OB, gather momentum, and initiate an impulsive rally toward the prominent overhead resistance.
Trade Parameters
Bias: Bullish 🟢
Entry Zone: Retest/Confirmation within the H1-OB region.
Invalidation (Stop Loss): A clean body close below the H1-OB invalidates the bullish thesis.
Take Profit / Target: The yellow Resistance line (Liquidity / Equal Highs target) where early short positions and buy-stops are resting.
Bitcoin (BTCUSD) is showcasing a classic Smart Money Concepts (SMC) bullish reversal setup on the lower timeframes after a massive sweep of liquidity and structural shifts.
Following a localized rounded top distribution, price aggressively swept lower to mitigate a high-probability 1-Hour Order Block (H1-OB). This zone is acting as immediate institutional demand, signaling that the corrective phase may be over.
Technical Breakdown
Liquidity Hunt ($): Price successfully swept the sell-side liquidity ($) resting below the previous swing lows, trapping early breakout bears.
Break of Structure (BOS): We witnessed multiple internal Breaks of Structure (BOS), confirming a shift in market sentiment from bearish to bullish as aggressive buyers stepped in.
H1 Order Block Mitigation: Price has retraced cleanly into the H1-OB zone (highlighted in teal). This area represents the last down-close candle before the impulsive upward move, serving as our primary demand zone.
The Projected Path: As drawn on the chart, price is expected to establish a higher low inside or just above the H1-OB, gather momentum, and initiate an impulsive rally toward the prominent overhead resistance.
Trade Parameters
Bias: Bullish 🟢
Entry Zone: Retest/Confirmation within the H1-OB region.
Invalidation (Stop Loss): A clean body close below the H1-OB invalidates the bullish thesis.
Take Profit / Target: The yellow Resistance line (Liquidity / Equal Highs target) where early short positions and buy-stops are resting.
Trade chiuso: obiettivo raggiunto
BTCUSDT target successfully achieved 🎯
📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
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📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.