After a sharp drop, BTC is testing a key liquidity zone around 78.2k. The market structure suggests a potential bullish reversal, with a fakeout and recovery in sight.
📌 Trade Idea:
Entry: After confirmation of a reclaim and bullish structure break (above ~79.3k)
SL: Below recent low ~77.6k
TP: 82.8k zone
RRR: ~3.2
📅 Timeframe: 30min
📈 Bias: Counter-trend long
🔁 Watch for: Price reaction at current support and market structure shift
🚨 Wait for confirmation – patience is key in volatile conditions!
📌 Trade Idea:
Entry: After confirmation of a reclaim and bullish structure break (above ~79.3k)
SL: Below recent low ~77.6k
TP: 82.8k zone
RRR: ~3.2
📅 Timeframe: 30min
📈 Bias: Counter-trend long
🔁 Watch for: Price reaction at current support and market structure shift
🚨 Wait for confirmation – patience is key in volatile conditions!
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.