Guys $BTC
📈 Implication / Trade Idea:
Long Position Opportunity: Enter near the Demand Zone with a stop below PWL.
Target: Supply Zone or just below it (~$108,000–$110,000).
This setup is a classic buy-the-dip into demand with expectation of a mitigation move into supply.
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⚠️ Cautions:-
Confirmation is key — look for bullish CHoCH or strong bullish candle before entry.
If price fails to hold demand and breaks PWL, this setup becomes invalid.
Be wary of macro news/events that could disrupt technical levels.
🤔Trade plan Reason :---
This chart is a technical analysis of Bitcoin (BTC/USD) on a 4-hour timeframe. It uses concepts from Smart Money/ICT trading methodology, such as Supply and Demand Zones, CHoCH , BOS , and Liquidity levels. Here’s a breakdown of what's being shown:
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🔍 Key Observations:
1. Current Price Action:
•$BTC is at $103,804, having just bounced from the Demand Zone.
•A bullish move is forecasted with an arrow, suggesting a rally towards the Supply Zone.
2. Demand Zone (Green Box):
•Located between roughly $103,000–$102,000, aligned with PDL (Previous Day Low) and PWL (Previous Week Low).
•This area is expected to act as strong support, attracting buyers.
3. Supply Zone (Red Box):
•Ranges from $108,000–$110,000, marking a prior distribution or resistance area.
•Price is expected to face selling pressure here.
4. Market Structure:
•CHoCH and BOS labels show shifting structure — earlier bearish move transitioned from bullish structure.
•The chart suggests a potential bullish reversal from current demand.
5. Liquidity Zones:
•Weak High and Equal Lows/Highs (EQL, EQH) suggest areas of liquidity grabs.
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