BTC/USDT Outlook ICT Concept
📈💰 Welcome to Your Channel!
Welcome to your very own channel! Here, we embark on a collaborative journey to analyze and scrutinize financial markets, aiming to achieve substantial profits together. Let's dive into the Crypto market, focusing on one of its key assets: BTC/USD.
📉🔍 Recent Price Movement
As discussed in last week’s analysis, we observed a strong reaction to the marked Order Block (OB). The price retraced back into the Fair Value Gap (FVG) or inefficiency and continued to move lower.
📊📉 Expectations for Price Decline
Our overall bias remains bearish. We anticipate a downward movement in price to sweep the previous day's low (PDL), reacting to the sell-side liquidity (SSL) and the marked Fair Value Gap (FVG). After this scenario plays out, we expect the price to move higher.
🚀📈 Alternative Bullish Scenario
However, if we instead see a bullish move towards the previous day's high (PDH), we need to look for confirmation on a lower time frame. Specifically, we should watch for a sweep of low resistance sell-side liquidity followed by an aggressive Market Structure Shift (MSS). If this displacement is accompanied by the MSS, we can conclude that the bias has shifted to bullish.
📊⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Welcome to your very own channel! Here, we embark on a collaborative journey to analyze and scrutinize financial markets, aiming to achieve substantial profits together. Let's dive into the Crypto market, focusing on one of its key assets: BTC/USD.
📉🔍 Recent Price Movement
As discussed in last week’s analysis, we observed a strong reaction to the marked Order Block (OB). The price retraced back into the Fair Value Gap (FVG) or inefficiency and continued to move lower.
📊📉 Expectations for Price Decline
Our overall bias remains bearish. We anticipate a downward movement in price to sweep the previous day's low (PDL), reacting to the sell-side liquidity (SSL) and the marked Fair Value Gap (FVG). After this scenario plays out, we expect the price to move higher.
🚀📈 Alternative Bullish Scenario
However, if we instead see a bullish move towards the previous day's high (PDH), we need to look for confirmation on a lower time frame. Specifically, we should watch for a sweep of low resistance sell-side liquidity followed by an aggressive Market Structure Shift (MSS). If this displacement is accompanied by the MSS, we can conclude that the bias has shifted to bullish.
📊⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
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.