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
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน