Bitcoin / TetherUS
做多

BTC Top Down Analysis! Let's break it out logically.

254
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 a BTC buy from 110k zone.
BTC is sitting in a 4h demand zone just wait for confirmation.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。