📊 BTCUSD Price Action & Market Structure Analysis
🔹 The chart shows a bullish market structure with potential retracement zones before the next move upward.
🔹 Key Break of Structure (BOS) and Change of Character (ChoCH) levels indicate a shift in momentum.
🔹 Fair Value Gaps (FVGs) suggest areas where liquidity may get filled before a move higher.
🔹 Fibonacci retracement levels (0.382, 0.5, 0.618) act as support zones for potential long entries.
📌 Potential Buy Zones:
✅ 95,238 - 95,969 (first demand zone)
✅ 94,141 - 94,658 (second demand zone)
✅ 90,901 - 92,112 (deepest retracement level)
🚀 Bullish Outlook:
🔸 If BTC holds above 95,238 - 95,969, expect a push towards 98,195 - 102,448.
🔸 A deeper retracement into 94,141 - 94,658 or 90,901 - 92,112 could provide stronger liquidity grabs before a rally.
🔸 If BTC loses the 91,315 support, further downside may be expected.
#BTCUSD #Bitcoin #CryptoTrading #TechnicalAnalysis #SmartMoneyConcepts #LiquidityZones #BreakOfStructure #PriceAction
🔹 The chart shows a bullish market structure with potential retracement zones before the next move upward.
🔹 Key Break of Structure (BOS) and Change of Character (ChoCH) levels indicate a shift in momentum.
🔹 Fair Value Gaps (FVGs) suggest areas where liquidity may get filled before a move higher.
🔹 Fibonacci retracement levels (0.382, 0.5, 0.618) act as support zones for potential long entries.
📌 Potential Buy Zones:
✅ 95,238 - 95,969 (first demand zone)
✅ 94,141 - 94,658 (second demand zone)
✅ 90,901 - 92,112 (deepest retracement level)
🚀 Bullish Outlook:
🔸 If BTC holds above 95,238 - 95,969, expect a push towards 98,195 - 102,448.
🔸 A deeper retracement into 94,141 - 94,658 or 90,901 - 92,112 could provide stronger liquidity grabs before a rally.
🔸 If BTC loses the 91,315 support, further downside may be expected.
#BTCUSD #Bitcoin #CryptoTrading #TechnicalAnalysis #SmartMoneyConcepts #LiquidityZones #BreakOfStructure #PriceAction
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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.
fxforever
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.