SMC Trading point update
Technical analysis of (BTC/USDT) on the 4-hour timeframe, using Smart Money Concepts and a falling channel breakout approach.
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Technical Breakdown:
1. Market Structure:
Price has been moving within a descending channel, forming lower highs and lower lows.
BTC just bounced strongly from the Fair Value Gap (FVG) zone, marked in yellow, and the lower boundary of the channel, suggesting a potential trend reversal.
2. Key Levels:
FVG (Demand Zone): Between ~112,000–114,000 — price reacted from this zone with clear bullish momentum.
200 EMA (114,799.70): Price is currently below it, but if it reclaims this level, it will strengthen the bullish setup.
Target Point: ~123,287–123,327 — aligns with the upper boundary of the channel and previous resistance.
3. Projected Price Path:
Step 1: Price is expected to retest the mid-channel resistance and potentially break above.
Step 2: If confirmed, BTC may rally toward the 123k+ target zone, continuing the trend reversal.
4. RSI (14):
RSI is currently at 42.70, moving up from oversold territory (33.05 low), which supports a bullish reversal.
No bearish divergence seen, indicating room for upside.
Mr SMC Trading point
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Trade Idea Summary:
Bias: Bullish
Entry Confirmation: Strong bounce from FVG and bullish candle close above 114,800 (EMA)
Target Zone:
TP1: 118,000 (channel midline)
TP2: 123,327.97 (channel top / resistance zone)
Invalidation: Close below 112,000 or breakdown of channel and FVG
Indicators: RSI recovery + strong volume bounce supports bullish scenario
plesse support boost this analysis)
Technical analysis of (BTC/USDT) on the 4-hour timeframe, using Smart Money Concepts and a falling channel breakout approach.
---
Technical Breakdown:
1. Market Structure:
Price has been moving within a descending channel, forming lower highs and lower lows.
BTC just bounced strongly from the Fair Value Gap (FVG) zone, marked in yellow, and the lower boundary of the channel, suggesting a potential trend reversal.
2. Key Levels:
FVG (Demand Zone): Between ~112,000–114,000 — price reacted from this zone with clear bullish momentum.
200 EMA (114,799.70): Price is currently below it, but if it reclaims this level, it will strengthen the bullish setup.
Target Point: ~123,287–123,327 — aligns with the upper boundary of the channel and previous resistance.
3. Projected Price Path:
Step 1: Price is expected to retest the mid-channel resistance and potentially break above.
Step 2: If confirmed, BTC may rally toward the 123k+ target zone, continuing the trend reversal.
4. RSI (14):
RSI is currently at 42.70, moving up from oversold territory (33.05 low), which supports a bullish reversal.
No bearish divergence seen, indicating room for upside.
Mr SMC Trading point
---
Trade Idea Summary:
Bias: Bullish
Entry Confirmation: Strong bounce from FVG and bullish candle close above 114,800 (EMA)
Target Zone:
TP1: 118,000 (channel midline)
TP2: 123,327.97 (channel top / resistance zone)
Invalidation: Close below 112,000 or breakdown of channel and FVG
Indicators: RSI recovery + strong volume bounce supports bullish scenario
plesse support boost this analysis)
Trade attivo
Trade chiuso: obiettivo raggiunto
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Join my recommended broker , link 👇
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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.