Bitcoin
Short

BTCUSD ROUTE MAP

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The price has reached an all time high (ATH), setting a new record. After hitting this peak, the price then pulled back and found support, where it experienced a strong rejection and is now starting to rise again. This upward movement indicates a potential continuation of the bullish trend. However, I am closely monitoring the resistance level, where I believe there may be an opportunity to sell. As the price approaches this level, I anticipate a potential reversal or consolidation, making it an ideal time to look for a selling opportunity. This analysis is based on Smart Money Concepts (SMC) and price action principles.

Time Frame: 1H

Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.

#BTCUSD 1H Technical Analyze Expected Move.
Trade attivo
Trade Active.
Nota
Trade Active.
Trade chiuso: obiettivo raggiunto
Trade Close.

Market price successfully hit our take profit. Trade close target reached.
Nota
Trade Close.
Chart PatternsFundamental AnalysisliquiditypriceactionsmcconceptsupportSupport and ResistanceTrend Analysis

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