Currently watching BTC/USD as it approaches a key resistance liquidity zone near 111,200–111,376. Price has been consolidating below this level, showing signs of accumulation but no breakout yet.
📍 My Plan:
Sell Setup: I’m waiting for price to tap into the red zone and show signs of exhaustion.
Confirmation: I’ll look for:
Volume fading near the top.
Order flow shift (aggressive buyers trapped, sellers stepping in).
Divergence if available.
If confirmed, I’ll enter a short position aligned with intraday order flow.
🎯 Targets:
TP1: 108,360 (mid-range support + previous VWAP level)
TP2: 106,000 (major demand zone / full take-profit)
❌ Invalidation:
If price breaks and holds above 111,376 with strong volume and bullish momentum, I will stay out and reassess.
🔁 This is a reaction-based setup, not a blind sell. I’m waiting for the sweep and real confirmation before executing.
📉 Let’s see how BTC reacts at the top.
#BTCUSD #Bitcoin #CryptoTrading #ShortSetup #PriceAction #OrderFlow
📍 My Plan:
Sell Setup: I’m waiting for price to tap into the red zone and show signs of exhaustion.
Confirmation: I’ll look for:
Volume fading near the top.
Order flow shift (aggressive buyers trapped, sellers stepping in).
Divergence if available.
If confirmed, I’ll enter a short position aligned with intraday order flow.
🎯 Targets:
TP1: 108,360 (mid-range support + previous VWAP level)
TP2: 106,000 (major demand zone / full take-profit)
❌ Invalidation:
If price breaks and holds above 111,376 with strong volume and bullish momentum, I will stay out and reassess.
🔁 This is a reaction-based setup, not a blind sell. I’m waiting for the sweep and real confirmation before executing.
📉 Let’s see how BTC reacts at the top.
#BTCUSD #Bitcoin #CryptoTrading #ShortSetup #PriceAction #OrderFlow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.