Starting with Weekly TF 
BTC swept its ATH and dropped.
Two main reasons:
1- Liquidity grab (took out SLs above ATH)
2- Hit strong Weekly Bearish OB and reversed.
Now Weekly & Daily TFs are still bullish this is just a pullback so no panic scene.
Question is: how far can it go?
BTC is moving toward Weekly Breaker Block (117.9k) and Weekly Bullish OB (115.3k) right now it’s trading inside a 4H Bullish OB (Green Zone)
I’ll wait for reversal signs (CHOCH or Bullish OB) on STF to buy again. If confirmed I’ll buy with SL below 113.5k - 112.5k zone.
For now, STF is still bearish so I’ll wait I’m already in aBTC buy from 110k zone.
BTC is sitting in a 4h demand zone just wait for confirmation.
BTC swept its ATH and dropped.Two main reasons:
1- Liquidity grab (took out SLs above ATH)
2- Hit strong Weekly Bearish OB and reversed.
Now Weekly & Daily TFs are still bullish this is just a pullback so no panic scene.
Question is: how far can it go?
BTC is moving toward Weekly Breaker Block (117.9k) and Weekly Bullish OB (115.3k) right now it’s trading inside a 4H Bullish OB (Green Zone)I’ll wait for reversal signs (CHOCH or Bullish OB) on STF to buy again. If confirmed I’ll buy with SL below 113.5k - 112.5k zone.
For now, STF is still bearish so I’ll wait I’m already in a
BTC buy from 110k zone.BTC is sitting in a 4h demand zone just wait for confirmation.
For educational purposes only — not financial advice. Always do your own research (DYOR)
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
For educational purposes only — not financial advice. Always do your own research (DYOR)
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.