Key Observations: Current Price: $118.68 Support Levels: $115.33 (Holding as support) $113.31 (Next level below) $101.28 & $90.99 (Deeper liquidity zones) Fair Value Gap (FVG) Above: The large blue zone (~$130-$140) represents an imbalance that price could eventually fill. Earnings Event Nearby (Purple ‘E’ Icon): Earnings can cause volatility, so be cautious if...
Premium Zone Rejection: Price is approaching a FVG (Fair Value Gap), which could act as a resistance zone. If rejection occurs, smart money may be engineering liquidity to take out lower levels. Liquidity Levels to Watch: Feb 3 High (0.000016980): A significant level where liquidity is resting. A potential raid could occur if price breaks structure to the...
Premium Zone Rejection: Price entered a marked imbalance (FVG) before rejecting lower, indicating possible distribution by smart money. Key Liquidity Zones: 96,188.39 - Potential support where price could react. Feb 03 Low (91,255.44) & Jan 13 Low (89,244.90) - Significant downside liquidity pools where price may seek orders. Next Steps: If BTC fails to reclaim...