Market Outlook:
Current expectation: Taking out the fractal high with a confirmed impulse via a new 1D FVG formation.
If no 1D FVG forms, there’s a high probability of testing the higher fractal high at 4.96%, which would be bearish for BTC & alts.
However, there are currently no clear signs of a move toward 4.96%.
Preferred Scenario – Bearish Continuation
Higher probability for impulse decline → Price already tested local support inside the current range.
Targeting:
Rebound Scenario & Risk Management
From 1W FVG & 1W RB: Expect bounces.
If no new SNR or 1D FVG forms during the bounce, the decline will likely continue toward new local lows.
If new variables (SNR / 1D FVG) appear, reassess for potential reversal.
Bearish Invalidation – Bullish Risk
If USDT.D breaks 4.96%, market conditions turn negative for BTC & alts.
No strong indications yet, but must monitor for confirmation or rejection.
Current expectation: Taking out the fractal high with a confirmed impulse via a new 1D FVG formation.
If no 1D FVG forms, there’s a high probability of testing the higher fractal high at 4.96%, which would be bearish for BTC & alts.
However, there are currently no clear signs of a move toward 4.96%.
Preferred Scenario – Bearish Continuation
Higher probability for impulse decline → Price already tested local support inside the current range.
Targeting:
- 1W FVG – First major liquidity area for a reaction.
- 1W RB – If 1W FVG breaks, expect further downside here.
Rebound Scenario & Risk Management
From 1W FVG & 1W RB: Expect bounces.
If no new SNR or 1D FVG forms during the bounce, the decline will likely continue toward new local lows.
If new variables (SNR / 1D FVG) appear, reassess for potential reversal.
Bearish Invalidation – Bullish Risk
If USDT.D breaks 4.96%, market conditions turn negative for BTC & alts.
No strong indications yet, but must monitor for confirmation or rejection.
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.