Bitcoin failed to close above its all-time high and only managed to close outside my shaded blue box once, indicating a lack of willingness to push higher at this time.
From a technical perspective, the SMT divergence between Bitcoin and Ethereum showed weakness, as ETH couldn't even approach its all-time high.
Now, I'm watching to see if the inversion daily FVG...
After revisiting a daily bullish order block with a liquidity sweep, Bitcoin demonstrated a strong upward reaction, forming a bullish breaker and a potential daily fair value gap (FVG). However, Bitcoin has not yet closed above the midpoint of the FVG. For me, it’s crucial to wait for a close at least above that level, or ideally above the shaded area. Such a...
I'm waiting for the price to retrace to the discount areas before resuming its move to the upside. I've identified key levels and potential price delivery (PD) arrays that could impact the price action over the next few days. In my view, it's a good buy opportunity from the bullish order block on the 4-hour chart. Until then, I'm observing the price movement and...
