BTC/USDT: Key Buy/Sell Zones with SMC and ICT Strategies

28 de dez. de 2024

BTCUSDT BTC/USDT: Strategic Buy and Sell Zones Using SMC, ICT, and Price Action Analysis

Analysis:
Price Action Analysis:
The chart shows BTC/USDT on a 4-hour timeframe.

The current price is around $94,645.65.

Key support and resistance levels are marked.

The price has shown a Break of Structure (BOS) at several points, indicating potential trend reversals.

The price is consolidating after a recent downtrend, suggesting potential for a breakout.

SMC (Smart Money Concepts) Analysis:
Multiple BOS levels are marked, indicating areas where the price has broken previous highs or lows.

Change of Character (ChOCH) points are noted, suggesting potential shifts in market sentiment.

The price is in a potential accumulation phase, indicating a possible upcoming bullish move.

ICT (Inner Circle Trader) Analysis:
Fibonacci retracement levels are drawn from the recent high to low.

Key Fibonacci levels (0.618, 0.705, 0.786) are marked, indicating potential areas of interest for institutional traders.

The price is near the 0.5 Fibonacci level, suggesting a potential area for a reversal.

Indicators:
Volume Profile shows high trading activity around the $96,153.45 level, indicating strong support/resistance.

RSI is at 45.09, suggesting the market is neither overbought nor oversold.

MACD shows a potential bullish crossover, indicating possible upward momentum.

Buy Signal:
entry: 94,645.65
tp1: 96,153.45
tp2: 99,588.01
sl: 92,232.54

Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.

I hope this analysis helps with your trading decisions! If you have more charts to analyze or need further insights, feel free to share.
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