BTC Market Outlook (Multi Timeframe Analysis)
First of all, according to the higher timeframes (Weekly & Monthly), BTC is still in a bullish trend.
However, on the Daily timeframe, structure remains bearish — but we’re now seeing multiple bullish confluences building up:
Inverse Head & Shoulders breakout on Daily TF
Bearish Order Block has been broken, turning into a bullish breaker
On the Shorter Timeframe, we’ve got CHoCH (Change of Character) confirmation
Sell-side liquidity (SSL) has already been swept
All of these factors indicate that this could be a strong long opportunity, possibly the "mother of all buy setup.
Oh, and don’t forget to say thank you later. 😉
BTCUSDT
First of all, according to the higher timeframes (Weekly & Monthly), BTC is still in a bullish trend.
However, on the Daily timeframe, structure remains bearish — but we’re now seeing multiple bullish confluences building up:
Inverse Head & Shoulders breakout on Daily TF
Bearish Order Block has been broken, turning into a bullish breaker
On the Shorter Timeframe, we’ve got CHoCH (Change of Character) confirmation
Sell-side liquidity (SSL) has already been swept
All of these factors indicate that this could be a strong long opportunity, possibly the "mother of all buy setup.
Oh, and don’t forget to say thank you later. 😉
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.