Bitcoin (BTCUSD) has been trading inside a descending channel on the 4H timeframe. Price recently swept liquidity below a key demand zone near 74,400–74,800, triggering a sharp bullish reaction — a classic Smart Money concept move.
KEY ZONES
Supply Zone: 77,800 – 78,400
Institutional selling area. Expect resistance here.
Key Resistance: 76,000 – 76,800
Previous support turned resistance. Needs 4H close above to confirm bullish move.
Demand Zone: 74,400 – 74,800
Strong buyer reaction zone. Price wicked here and bounced sharply.
FVG (Fair Value Gap): Imbalance zones visible. Price may revisit before moving higher.
━━━━━━━━━━━━━━━━━━━━
EDUCATIONAL SCENARIO
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Bias: Bullish (on confirmation)
Entry Area: 76,600 – 76,800
Target 1: 77,600
Target 2: 78,400
Target 3: 79,066
Stop Loss: 75,700
R:R Ratio: 1:2.5 (approx)
━━━━━━━━━━━━━━━━━━━━
CONFLUENCES
━━━━━━━━━━━━━━━━━━━━
BOS confirmed
CHoCH visible
Liquidity sweep below demand
Bullish rejection candle
Volume spike on reversal
FVG present in reversal area
Descending channel breakout attempt
━━━━━━━━━━━━━━━━━━━━
DISCLAIMER
━━━━━━━━━━━━━━━━━━━━
This analysis is for educational purposes only. It does not constitute financial or investment advice. Cryptocurrency trading carries significant risk. Always do your own research (DYOR) and consult a licensed financial advisor before making any trading decisions. Never invest more than you can afford to lose.
KEY ZONES
Supply Zone: 77,800 – 78,400
Institutional selling area. Expect resistance here.
Key Resistance: 76,000 – 76,800
Previous support turned resistance. Needs 4H close above to confirm bullish move.
Demand Zone: 74,400 – 74,800
Strong buyer reaction zone. Price wicked here and bounced sharply.
FVG (Fair Value Gap): Imbalance zones visible. Price may revisit before moving higher.
━━━━━━━━━━━━━━━━━━━━
EDUCATIONAL SCENARIO
━━━━━━━━━━━━━━━━━━━━
Bias: Bullish (on confirmation)
Entry Area: 76,600 – 76,800
Target 1: 77,600
Target 2: 78,400
Target 3: 79,066
Stop Loss: 75,700
R:R Ratio: 1:2.5 (approx)
━━━━━━━━━━━━━━━━━━━━
CONFLUENCES
━━━━━━━━━━━━━━━━━━━━
BOS confirmed
CHoCH visible
Liquidity sweep below demand
Bullish rejection candle
Volume spike on reversal
FVG present in reversal area
Descending channel breakout attempt
━━━━━━━━━━━━━━━━━━━━
DISCLAIMER
━━━━━━━━━━━━━━━━━━━━
This analysis is for educational purposes only. It does not constitute financial or investment advice. Cryptocurrency trading carries significant risk. Always do your own research (DYOR) and consult a licensed financial advisor before making any trading decisions. Never invest more than you can afford to lose.
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Pubblicazioni correlate
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.