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)
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
For educational purposes only — not financial advice. Always do your own research (DYOR)
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.