😶 $BTC /USD
📌 Proposal Order (4H Frame):
• Entry: Wait for break 105.800
• Take Profit (TP): 107.500
• Stop Loss (STL): 104.200
🧠 Explanation:
BTC is trading just below the Ichimoku cloud with a thick cloud above, indicating strong resistance pressure. Two consecutive negative Delta waves (-1.096K and -480) show that selling pressure still prevails. The level of 105.800 is a thick resistance cloud, coinciding with the previous peak – it needs to be surpassed to confirm a trend reversal. Currently, the MACD remains below the signal line and the red histogram is prolonged, not providing a clear buy signal. The best scenario is to patiently wait for the price to break 105.800 with confirming volume to trigger a trend-following buy order. For now, this is still an area to stay out and observe further.
