Bitcoin SHORT Analysis

211
Bitcoin SHORT Analysis


Our sell zone aligns with the Point of Control (POC) and an unfilled H1 Order Block (OB) & SIBI, which serves as our Point of Interests (POI).

This zone was established following a displacement and the formation of a CISD (Change in State of Delivery), indicating a potential shift in market structure.

Currently, there is a significant draw on liquidity on the sell side, with the previous day’s low (PDL) forming equal lows, suggesting a liquidity pool beneath this level.

I anticipate that price may sweep this liquidity before initiating a substantial move towards the buy-side liquidity.

Given that there have been no major liquidity sweeps thus far, I expect price to respect the H1 Order Block.

Should the appropriate confirmation signals appear, I plan to enter a short position targeting the PDL as the primary objective. 🎯

ekran görüntüsü

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.