BTC/USDT 1H: Analysis
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Current Market Condition:
Smart Money Analysis:
Trade Setup:
Risk Score:
Market Maker Intent:
Recommendation:
Confidence Level:
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Current Market Condition:
- Price at $97,395, consolidating after rejection from $99K.
- Multiple CHoCH (Change of Character) formations indicate choppy price action.
- RSI at 47.86, showing a neutral stance with no extreme conditions.
Smart Money Analysis:
- Fair Value Gap (FVG) between $96K-
97K acting as strong support. - Premium zone at $102K remains untested.
- Multiple liquidity hunts occurring around the
98K level, signaling engineered price action.
Trade Setup:
- Entry Zone: $97,200 - $97,400.
- Targets:
- T1: $98,800 (+1.5%).
- T2: $99,400 (+2.1%).
- Stop Loss: Below $96,400 (-0.8%).
Risk Score:
- 7/10 – Decent risk-to-reward, but potential for manipulation at 98K level.
Market Maker Intent:
- Market Makers appear to be accumulating within this range.
- Hidden bullish divergence forming on RSI, supporting a breakout thesis.
Recommendation:
- Consider long entries within $97,200 - $97,400, keeping stops tight at $96,400.
- Be patient—this is a high timeframe setup that requires discipline and proper risk management.
- Watch for strong volume confirmation above 98K to reinforce bullish momentum.
Confidence Level:
- 7/10 – Strong accumulation signals, but confirmation is required before aggressive positioning.
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
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.