BTCUSDTPERP
#BTC successfully broke through 100k. Next target?📊#BTC successfully broke through 100k. Next target? 💥
🧠From a structural perspective, we have hit a new all-time high again, which means that the bullish cup-handle structure is established, and the next target area can be focused on 106666-109999.
➡️Unfortunately, our limit order was only $163 away yesterday and was not triggered. Next, we still need to wait for a pullback to appear before participating in long trades, provided that the price does not reach the next target area.
Let's see 👀
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BTCUSDT Forms Rounding BottomBTCUSDT Technical analysis update
CRYPTOCAP:BTC has formed a rounding bottom pattern on the daily chart near the 2021 all-time high (ATH) resistance level. The price is now moving toward this resistance, aiming for a breakout. Currently, BTC is trading above the 100 and 200-day EMAs on the daily chart. If the price breaks above the rounding bottom pattern, a strong bullish move can be expected.
BTCUSD: Bullish Flag Breakout AheadBTCUSDT technical analysis update
At the bottom, Bitcoin formed a falling wedge pattern over 240 days. After breaking out, the price surged by 75%. Following this rise, BTC entered a 220-day consolidation phase, forming a rectangular continuation pattern, which led to a 133% increase after its breakout. Currently, BTC has been forming a flag pattern for the last 220 days, and in the next 10-20 days, we could see a breakout, potentially signaling another strong bullish move.
Regards
Hexa
BITCOIN HITS $104K, Target $114-115k!🎉BITCOIN HITS $104K 🎉
Year 2018: “Bitcoin is going to $100k!” – It dumped after reaching $19,878.
Year 2021: “Bitcoin is going to hit $100k!” – It dumped from $69,880.
Year 2024 (Dec 5th): Bitcoin has finally hit $104k.
We did it, folks! We won! 🙌
The patience and perseverance of this community is truly extraordinary.
Remember when we said governments would adopt Bitcoin one day? It’s happening now.
$100k was once a Crypto trader’s dream; now it’s a reality.
If you've been grinding through this for years, you're a real champion. Learn from your mistakes and never let anyone bring you down. You are amazing, believe in yourself. Money follows those who stay resilient.
For me, it took two full cycles to make life-changing wealth. The skills and lessons learned along the way are priceless.
If you're still struggling, don’t worry, stay with me this cycle.
Looking at the chart, $114k seems like a reasonable target before any potential corrections if you analyze the structure. Although no one can predict for sure.
Congratulations again! 🎉
If you’re reading this, you’ve made it. Please share it and like it if it resonates with you.
Thank you.
#PEACE
BTC at 100K!! Whats Next?BTC at 100k! I remember the pain of having btc but not been able to acess that! Anyways! As mentioned in my previous chart, Standing by the opinions as mentioned in the days chart i posted earlier linked below.
Now This was the chart i drew and exactly did happen the same, except for the spring,
Now next happens to be something ive seen happening previousyly
1, BTC reaching 109K ( my last suggestions based)
2. A big red candle equating longs
3. Taking Res at 98k and then hitting up TP's
Ideally i would wait for another big candle, or a volume dump to take actions, But next TPO likes in 98541.
104,541 is the time im wriitng this, can break it, if tpo stays for the day, can be shorted till 98541.
Bitcoin will go DOWN by H&S Pattern!!!Bitcoin ( BINANCE:BTCUSDT )started to rise after every positive news over the past days, but then started to fall again . Did you see the negative news that did not come !?
Bitcoin is moving in the Support zone($95,600-$93,200) and Descending channel .
The rise and fall of Bitcoin over the past 5-6 days has managed to form an Head and Shoulders Pattern . (in terms of Classical Technical Analysis ).
Since BTC.D% ( CRYPTOCAP:BTC.D ) started to fall from the Heavy Resistance zone(63.30%-57.10%) and after breaking the lower line of the ascending channel , we can confirm that Bitcoin's dominance on the crypto market can end for a while. If the cryptocurrency market wants to have a correction , Bitcoin can experience a further correction. If the crypto market wants to experience an increase again, we can say that we have entered the Altseason .👇
I expect Bitcoin to fill the CME Gap($93,835-$93,720) AFTER breaking the Head and Shoulders Pattern's Neckline and Support zone($95,600-$93,200) and then decline to at least the H&S pattern's target(around $91,000) .
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️Note: If Bitcoin goes above $96,800, we can expect Bitcoin to rise again to the resistance lines.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#BTC Complex Consolidation Phase📊#BTC Complex Consolidation Phase📊
🧠Breaking through the downward trend line means that the second short structure has been broken, but due to the existence of the double top short structure, there is still an expectation of a pullback.
➡️The scenario I hope to see is to build a reversal structure in the same cycle, so the pullback is our opportunity to participate in long transactions.
➡️If we fall further, the next support area worthy of our attention is 90500-91800
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P
It seems that the altcoin bull market will start soon
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-------------------------------------
- Funds are still flowing into the coin market,
- BTC dominance has already touched the 55.01 point.
Accordingly, if BTC dominance falls below 55.01 and is maintained or shows a downward trend, the altcoin bull market is expected to start.
This altcoin bull market is likely to continue until the USDT dominance reaches around 2.84.
However, if the USDT dominance touches the Fibonacci ratio point of 0.382 and rises above 4.97, the coin market is expected to plummet.
The altcoin bull market is ultimately a market where you can make a profit no matter what altcoin you buy.
Since the altcoin bull market is likely to take the form of a cyclical pumping, even if the altcoin you bought does not rise, it will rise if you wait.
If you cannot wait for that period and switch to another altcoin, you may see little profit or even a loss, so please be careful when trading.
------------------------------------------
(BTCUSDT 1D chart)
Even so, this is only possible if the price of BTC is maintained above a certain point.
Therefore, BTC must maintain its price in the 91792.14-98871.80 range or higher.
If it fails to do so and falls, the coin market will show a decline of -10% or more.
-
Therefore, it can be said that it is time to trade altcoins rather than BTC.
When trading altcoins, it is better to buy and wait when the candle on the 1D chart is a downward candle if possible.
However, as I mentioned earlier, if BTC falls below a certain point, it can experience a decline of -10% or more, so it is better to set a stop loss point and respond.
Otherwise, you may not be able to sell due to a sudden downward trend and may record a loss.
-
(1h chart)
- Check whether the wave of the StochRSI indicator on the 1h chart and
- Check whether it is supported near the section composed of the BW(0), HA-Low indicator,
- Check whether it breaks through the section composed of the BW(100), HA-High indicator,
I think it is good to determine the timing of altcoin trading while checking the relationship above.
-----------------------------------
This volatility period is expected to last until December 4th.
The next volatility period is expected to be around December 27th.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
#BTC short structure intact, cautious bullish📊#BTC short structure intact, cautious bullish ⚠️
🧠From a structural perspective, two short structures were built at the 2h level, so bullishness requires caution and more patience to wait for the right signal to appear before participating in new long trades.
➡️If a bullish structure is built at the 2h level, then you can participate in some long trades.
➡️Or be more patient and wait for the price to adjust further and achieve the goal of the short structure before participating in long trades.
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬 BITGET:BTCUSDT.P
The Beginning and End of the Altcoin Bull Market
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-------------------------------------
(USDT Chart)
(USDC Chart)
A lot of money is flowing into the coin market.
-
(BTC.D 1M chart)
If BTC dominance falls below 55.01 and is maintained or continues to decline, the coin market is expected to start an altcoin bull market.
When the altcoin bull market starts (some altcoins have started to rise), if you buy when the candle on the 1D chart is a bearish candle, you will almost always be able to make a profit.
However, when the altcoin bull market starts, there is a high possibility that the altcoin will rise due to cyclical pumping, so it is recommended to maintain the coin (token) you have purchased once if possible.
Then, if you buy when the candle on the 1D chart is a bearish candle one day, it may turn into a bearish trend, so it is recommended to set a stop loss point.
It is necessary to consider a strategy to maximize profits by purchasing additional altcoins that are currently held, that is, altcoins with a yield of over 50%, when they show a decline of around -10%.
When purchasing additional altcoins, it is recommended to proceed after confirming that they are supported by the support and resistance points drawn on the 1M, 1W, and 1D charts.
-
(USDT.D 1M chart)
Then, I wonder how long the altcoin bull market will continue.
I expect the altcoin bull market to continue until the USDT dominance falls to around 2.84.
After that, the coin market is expected to experience a large plunge as the USDT dominance rises significantly.
-------------------------------------------
(BTCUSDT 1W chart)
Since the StochRSI indicator on the 1W chart has touched the 100 point in the overbought zone, an initialization operation is expected to occur.
If this initialization operation maintains the price above 1.618 (89050.0), the coin market is expected to continue its upward trend.
-
(1D chart)
Since the StochRSI indicator on the 1D chart has entered the 50 point zone, volatility is likely to occur.
It is expected that the volatility period will continue until December 4, so it is necessary to check the movement.
If BTC falls below the M-Signal indicator on the 1D chart, i.e. below 90586.92, most coins (tokens) in the coin market are expected to record a large decline.
However, if it shows support around 87.8K-89K, it will show a large increase again.
The large increase at this time will be in altcoins.
-
Since the box section of the current HA-High indicator is formed over the 91792.14-98871.80 section, the point to watch is whether it moves sideways around this section.
If BTC rises to around 1.902 (101784.54), I think the coin market is likely to record a large increase.
However, if BTC falls below 98892.0, it is expected to fall again, so caution is required when trading.
-
As I mentioned in the 1W chart description, if BTC touches over 100K or falls after encountering resistance near 98892.0, you should check if the StochRSI indicator on the 1W chart is initialized.
This is expected to be an important time to decide when to buy in the short term.
-
Please refer to the previous idea charts for information on BTC's down or up points.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
As you can see from the LOG chart, the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the upward wave.
The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you to decide how to view and respond to this.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
BTCUSDT deal on 5m
📅 Date: Tuesday, December 3, 2024, 03:00 (UTC+7)
Market Analysis:
- 📊 Daily Chart (1D): Impulse phase with a long tendency. Zone: Neutral.
- 📈 Hourly Chart (1H): Impulse phase with a short tendency. A two-bar Spring pattern formed at T1 buy level.
- ⏱️ 5-Minute Chart (5M): Impulse phase with a long tendency. A two-bar Spring pattern with a test formed at T2 buy level.
💰 Trade Result:
A conservative counter-trend deal was completed with a 1:2 risk-to-reward ratio. Take Profit was hit. Profit: 0.55%.
Sam Veisi
This volatility period is expected to last until December 4th
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1M chart)
If it rises further, it is expected to rise to around 2 (106178.85).
If it falls, you should check if it is supported around 1.618 (89050.0).
-
(1W chart)
The slope of the StochRSI EMA seems to be almost horizontal.
It seems that the initialization of the StochRSI indicator is not far away.
When the StochRSI indicator falls from the overbought zone, the point to watch is where it is supported.
-
(1D chart)
The key is whether it can be supported near the HA-High indicator point of 96372.40 and rise above the BW(100) indicator point of 98892.0.
If it fails to rise,
1st: M-Signal on the 1D chart
2nd: 87.8K-89K
3rd: 79.9K-80.9K
You need to check where it is supported among the 1st and 3rd areas above.
-
This volatility period is expected to continue until December 4th, so be careful when trading.
If BTC continues to move sideways during this volatility period, altcoins are likely to show an upward trend.
-
Have a nice time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
#BTC What to do during the complex consolidation phase?📊#BTC What to do during the complex consolidation phase?❓
🧠Currently we are in a conflict zone, which can go up or down, and trading is difficult. This is not the area I want to focus on, so continue to be patient. ☕️
➡️The closing price at the monthly level is higher than the resistance zone (87k-94k M), so the resistance zone turns into a support zone. If the price can return to the overlapping area of the green buy zone and the yellow support zone, then you can enter a long trade.
➡️If we continue to continue the bullish trend, then what I hope to see is that we can break through ATH again, and then the callback opportunities that arise are very worthy of attention.
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P
Can #BTC break through 100k this time?📊Can #BTC break through 100k this time?❓
🧠From a structural perspective, we have built a new long structure after breaking through the neckline 97257, so it is reasonable to continue to rise, but the selling pressure at the 100000 integer mark is also very large, so even if we successfully break through, we need to be wary of the risk of falling back.
➡️It is already the end of the month. If the monthly closing price is above the blue resistance area (87k-94k), the resistance level will turn into support, and the opportunity to pull back to this area again is worth paying attention to.
Let's see👀
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BITGET:BTCUSDT.P
#BTC Beware of a pullback📊#BTC Beware of a pullback⚠️
🧠From a structural perspective, we were blocked after reaching the neckline resistance area and failed to successfully flip up, so we need to be wary of the risk of further pullback.
➡️From the perspective of wave theory, wave 4 has been completed and wave 5 can be expected to occur.
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P
#BTC Is the pullback over📊#BTC Is the pullback over❓
🧠From a structural point of view, the target area of the 1h level short structure has been achieved, so the rebound is reasonable. We have entered the resistance zone. The resistance near the neckline 95822 is relatively heavy, and the rising parallel channel will turn into resistance after being broken. Therefore, we can only maintain a positive attitude if we successfully stand above the neckline resistance zone and stabilize for a period of time. Otherwise, we still need to be cautious about the risk of further decline.
Let's see 👀
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BINANCE:BTCUSDT.P
Sideways until around December 3rd (???)
(Title) The point of interest is whether it will move sideways until around December 3rd
---------------------------------------------
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Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
The key is whether it can rise with support near the high point area of 96372.40-98892.0.
If not, the point of interest is whether it can move sideways in the box area of the HA-High indicator of 91792.14-98871.80 until around December 3rd.
-
Because the gap between the M-Signal indicator on the 1W chart and the M-Signal indicator on the 1D chart is wide, I think it is important to see whether it can move sideways from the current price position.
If it falls below the M-Signal indicator on the 1D chart, it is likely to fall near the M-Signal indicator on the 1W chart or the HA-Low indicator on the 1D chart.
-
If the sideways movement continues until around December 3, I think it is highly likely that an upward movement to break through 100K will begin.
At this time, you need to check the movements of the BW and StochRSI indicators.
I will tell you more details at that time.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
Need to check support near 92600.19
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
Since the next volatility period is around December 3, the point to watch is whether the price can be maintained near the box range of the HA-High indicator (92600.19-98871.80) until then.
-
The HA-High indicator was created at the 96372.40 point, forming a box range (92600.19-98871.80).
This box section is not currently formed by a wave but by a single candle, so there is a possibility that it will expand the box section while moving sideways around this section.
Therefore, we need to check whether there is support near the bottom of the box, 92600.19.
If we see resistance, the key is whether we can touch the MS-Signal (M-Signal on the 1D chart) indicator and rise.
If not, and it falls below the MS-Signal indicator, that is, if it falls below 87.8K, there is a possibility that it will fall to around 79.9K-80.9K, so we need to think about a response plan for this.
-
Since the StochRSI indicator is showing signs of entering the oversold section, we need to check the position when it rises in the oversold section and switches to a state where StochRSI > StochRSI EMA.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
BTCUSD is heading to Critical OB at 87,800$MMSM identified and we're almost certain BTCUSD [ BITSTAMP:BTCUSD ] will hit 87,800$ this week.
If we respect the first OB we should pass 100K.
If we fail to displace (fast move) after reaching the OB, we could see it go lower to the next OB.
Respecting the OB: Means we displace after reaching the OB.
If we are bullish We don't want, No Chart Timeframe (in this case 90m) candles closing below the OB's lower level (yellow thin line).
If we are bearish We don't want, No Chart Timeframe (in this case 90m) candles closing above the swing high that formed after reaching the OB.
Here is more info about CISD: When an order block is invalidated, it signals a Change in the State of Delivery. For example:
-In an uptrend, a bullish order block acts as support. If price breaks below it, the uptrend may be over, signaling a potential downtrend.
-In a downtrend, a bearish order block acts as resistance. If price breaks above it, the downtrend may be ending, signaling a potential uptrend.
Smart money tip: Liquidity Hunt, CISD often occur after liquidity sweeps . Watch for stop hunts (price wicks above/below recent highs or lows) before the shift.
_____
tags: COINBASE:BTCUSD INDEX:BTCUSD CRYPTO:BTCUSD CME:BTC1!