BTCUSD 1H Analysis – by LIVIABTC has broken down from the symmetrical triangle formation on the 1-hour chart, confirming a shift in short-term market structure. Price is also respecting bearish Fair Value Gap (FVG) dynamics, with the initial FVG entry level at 103,300, and a second FVG rejection around the 104,200 resistance zone.
Technical Targets:
1st Target: 101,800
2nd Target: 100,700
The bearish momentum is validated by structure and FVG confluence. Selling pressure is in control as long as price remains below 104,200.
Stay sharp and manage risk accordingly.
— LIVIA
Trade active
BTCUSD Update – by LIVIASecond entry level at 104,200 has been successfully tapped. Selling pressure has intensified, confirming the bearish setup. Now watching closely as price targets the next levels:
Targets:
1st: 101,800
2nd: 100,700
Momentum favors the bears. Stay focused and manage your risk.
— LIVIA
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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.