๐ Price has: Touched the Fibo zone 0.705โ0.79 Reacted with a bullish candle in 15M Not yet broken down the lower demand structure Still in an uptrend HL-HH Above the main swing low (0.1441)
#BTC $BTC important area for BTC movement on the 1-hour time frame. the supply zone will become a barrier later. it is also right at the fibo. be careful of BTC movements. low time frame bullish. high time frame bearish.
๐ Final Analysis (Update from 15M): 15M Confirmation: Price is approaching the demand zone but has not fully touched โ wait for a touch and reaction. Slightly declining structure, but starting to slow down โ potential base candle forming in the blue zone. EMA starting to flatten โ sign that the downward momentum is running out. No bullish engulfing / pin bar yet โ aggressive entry can be prepared with a tight SL, conservative wait for confirmation candle. Volume & Structure: Previous impulse was very strong โ most likely Smart Money will defend this FVG/Demand zone. No large sell pressure anymore when approaching demand.
๐ Current Condition: BTC has just broken down the main trendline (uptrend since 2023) Currently testing a large demand area Weekly + Fibonacci retracement area: 0.618 = 94.249 0.705 = 89.738 0.79 = 85.330 (almost touched) Current price: $83,800 โ very close to a major reaction area
๐ง Important Demand Zone (Reversal Potential) ๐ Weekly Demand + EMA200 support ๐ Confluence with demand TF 1H + old BoS structure ๐ There is liquidity below swing low $75,000 โ potential sweep before a major reversal
#HOT $HOT HOT time frame 30 minutes ๐ฏ Entry Plan (Smart Money Style): ๐ Ideal Entry: Between 0.000564 โ 0.000569 (F V G area + upper Demand) ๐ Stop Loss: Below 0.000554 (Swing Low and also invalidation of demand and lower F V G) ๐ฏ Take Profit: TP1: 0.000596 (recent high, minor resistance) TP2: 0.000605 TP3: 0.000620 (if there is volume continuation) ๐ Risk Reward: 1:2.5 โ 1:3.8 depending on execution & SL used โ Confidence Level: MED to HIGH (increase to HIGH if there is a reaction candle + volume during retrace)
๐ Entry Confirmation โ Wait for this: Rejection candle (pin bar / bullish engulfing) on 15M or 5M when touching FVG area Spike volume entering from demand zone โ validating buying interest EMA bounce (if using MA, refer to EMA 20/50 on 15M-30M)
#BCH $BCH {future}(BCHUSDT) simple analysis of SMC area f v g and demand hopefully strong enough to hold bch time frame 1 hour. - long position 485.2 - stop loss 471 - take profit max 537
that is the area with a simple analysis considering fib retracement and rSI as well as supply demand area. and volume profile to see which order areas have not been touched.
hope it is helpful do independent research not an invitation just sharing perspectives
#BCH $BCH simple analysis of SMC area f v g and demand hopefully strong enough to hold bch time frame 1 hour. - long position 485.2 - stop loss 471 - take profit max 537
that is the area with a simple analysis considering fib retracement and rSI as well as supply demand area. and volume profile to see which order areas have not been touched.
hope it is helpful do independent research not an invitation just sharing perspectives
#BTC $BTC This is if you use trend line analysis on the weekly timeframe, it should be completed and has entered fibo 0.618 also right on the line... Even though I rarely use this analysis... If it moves below the line by next week, there will be panic selling.. price details are in the image, so it can be monitored.