Price made a strong bullish impulsive move from the 63,000 demand zone and is now consolidating under a major resistance zone.
We have:
🔴 Major Resistance Zone: 73,000 – 74,000
🟢 Support Zone: 72,000 – 72,300
🟡 Major Pullback Demand: 62,600 – 63,600
Price is currently ranging below resistance. This is a classic liquidity build-up area.
🔥 Scenario 1 – Bullish Breakout (Primary Setup)
If BTC closes a strong 1H candle above 74,100, we expect continuation.
✅ Confirmation:
Strong bullish candle close above resistance
Volume expansion
Retest of 73,800–74,000 holding as support
🎯 Targets:
TP1: 75,200
TP2: 76,000
TP3: 77,500
Extended Target: 79,000 – 80,000
Stop Loss: Below 72,800 (safe structure level)
Bias: Bullish continuation
⚠️ Scenario 2 – Fake Break & Rejection (Liquidity Sweep)
If price rejects from 73,800–74,000 and forms:
Bearish engulfing
Lower high structure
Break below 72,000
Then market likely goes for deeper correction.
🎯 Downside Targets:
TP1: 70,800
TP2: 69,500
TP3: 67,800
Major Target (Demand Zone): 63,000 – 62,600
This aligns with the marked Pullback Area in your chart.
Bias: Short-term bearish correction before continuation
🧠 Market Logic (TradingView Style Explanation)
Market rallied aggressively → Buyers in control
Price now under strong resistance → Smart money taking partial profits
Liquidity sits above 74K and below 72K
Breakout direction decides next expansion
Currently: Compression phase before expansion
📌 Key Levels Summary
Level Type
74,100 Breakout Level
73,000–74,000 Resistance
72,000 Intraday Support
70,800 Minor Support
63,000 Major Demand
📈 Trade Plan Idea
Conservative traders:
Wait for breakout confirmation above 74K
OR
Wait for pullback to 63K demand zone
Aggressive traders:
Trade rejection patterns at resistance
Trade breakout with volume confirmation
We have:
🔴 Major Resistance Zone: 73,000 – 74,000
🟢 Support Zone: 72,000 – 72,300
🟡 Major Pullback Demand: 62,600 – 63,600
Price is currently ranging below resistance. This is a classic liquidity build-up area.
🔥 Scenario 1 – Bullish Breakout (Primary Setup)
If BTC closes a strong 1H candle above 74,100, we expect continuation.
✅ Confirmation:
Strong bullish candle close above resistance
Volume expansion
Retest of 73,800–74,000 holding as support
🎯 Targets:
TP1: 75,200
TP2: 76,000
TP3: 77,500
Extended Target: 79,000 – 80,000
Stop Loss: Below 72,800 (safe structure level)
Bias: Bullish continuation
⚠️ Scenario 2 – Fake Break & Rejection (Liquidity Sweep)
If price rejects from 73,800–74,000 and forms:
Bearish engulfing
Lower high structure
Break below 72,000
Then market likely goes for deeper correction.
🎯 Downside Targets:
TP1: 70,800
TP2: 69,500
TP3: 67,800
Major Target (Demand Zone): 63,000 – 62,600
This aligns with the marked Pullback Area in your chart.
Bias: Short-term bearish correction before continuation
🧠 Market Logic (TradingView Style Explanation)
Market rallied aggressively → Buyers in control
Price now under strong resistance → Smart money taking partial profits
Liquidity sits above 74K and below 72K
Breakout direction decides next expansion
Currently: Compression phase before expansion
📌 Key Levels Summary
Level Type
74,100 Breakout Level
73,000–74,000 Resistance
72,000 Intraday Support
70,800 Minor Support
63,000 Major Demand
📈 Trade Plan Idea
Conservative traders:
Wait for breakout confirmation above 74K
OR
Wait for pullback to 63K demand zone
Aggressive traders:
Trade rejection patterns at resistance
Trade breakout with volume confirmation
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.