🧠 Trade Concept Summary – BTC/USDT LONG
You're planning a long entry on pullback to the high-volume demand zone (105.8k – 106k), targeting a breakout toward previous highs.
✅ Key Confirmations
1. Volume Profile (Key Volume Zone)
Strongest POC volume base lies in the 105.8–106.0k zone.
This level marks a major accumulation breakout, acting as institutional support.
Price returning here is likely a retest = buy opportunity.
2. Market Structure
D1: Still bullish – series of higher highs / higher lows.
M15/H1: After a pullback, price is forming higher lows, confirming trend continuation.
3. RSI Confirmation
RSI (D1) around 69 → Overbought but not diverging, meaning momentum remains strong.
RSI (M15) has cooled down (~40s), giving room for bounce once price hits demand.
You're planning a long entry on pullback to the high-volume demand zone (105.8k – 106k), targeting a breakout toward previous highs.
✅ Key Confirmations
1. Volume Profile (Key Volume Zone)
Strongest POC volume base lies in the 105.8–106.0k zone.
This level marks a major accumulation breakout, acting as institutional support.
Price returning here is likely a retest = buy opportunity.
2. Market Structure
D1: Still bullish – series of higher highs / higher lows.
M15/H1: After a pullback, price is forming higher lows, confirming trend continuation.
3. RSI Confirmation
RSI (D1) around 69 → Overbought but not diverging, meaning momentum remains strong.
RSI (M15) has cooled down (~40s), giving room for bounce once price hits demand.
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.