Morning everyone, ETH and SOL are both looking good with some buy areas below.
β€6π₯5π1π₯°1π1
Bitcoin first swept the all-time high, taking out liquidity before showing signs of exhaustion. This move triggered a sharp selloff that rebalanced the previous inefficiency left behind on the daily chart. The rejection from that premium area set the tone for a corrective phase, bringing price back into discount levels where buyers are now attempting to re-establish control.
Consolidation Structure
After the ATH sweep, Bitcoin formed a clear lower high structure. The subsequent drop not only filled an existing daily Fair Value Gap but also created another sweep within that same range. This type of double sweep formation often acts as a transition phase between bearish distribution and potential accumulation, provided the market finds enough volume support at lower levels.
https://www.tradingview.com/chart/BTCUSDT.P/v4eS325Q-Bitcoin-Bulls-Need-Confirmation-Before-the-Next-Leg-Up/
Consolidation Structure
After the ATH sweep, Bitcoin formed a clear lower high structure. The subsequent drop not only filled an existing daily Fair Value Gap but also created another sweep within that same range. This type of double sweep formation often acts as a transition phase between bearish distribution and potential accumulation, provided the market finds enough volume support at lower levels.
https://www.tradingview.com/chart/BTCUSDT.P/v4eS325Q-Bitcoin-Bulls-Need-Confirmation-Before-the-Next-Leg-Up/
TradingView
Bitcoin β Bulls Need Confirmation Before the Next Leg Up for BYBIT:BTCUSDT.P by TehThomas
Bitcoin first swept the all-time high, taking out liquidity before showing signs of exhaustion. This move triggered a sharp selloff that rebalanced the previous inefficiency left behind on the daily chart. The rejection from that premium area set the toneβ¦
π4π₯3
Code & Candles - Trade Signals
Bitcoin is testing the trendline again, could be nice to look for buys with the right confirmations
As mentioned, price bouned from the trendline
β€5π₯4π3
Code & Candles - Trade Signals
Possible buying zone for Bitcoin
First 90k target perfectly hit
π6β€2
image.png
67.9 KB
Weekly FVG gives support, I think this weekly candle has a high chance of being a green one!
π₯6β€2
Code & Candles - Trade Signals
image.png
image.png
100.6 KB
We are on track for a bullish weekly candle!
image.png
13.2 KB
CME has problems with their data, be careful today if you are trading futures!