BTC/USD – 30-Minute Time Frame Analysis
On the 30-minute chart, BTC/USD has recently executed a liquidity sweep above the recent highs, triggering stop-losses on the sell side. This stop-hunt behavior often indicates exhaustion of bearish momentum and the potential for a reversal.
Given this development, a short opportunity is anticipated from the current region around 105600, with a clear invalidation level above the recent highs.
Entry 105600
Stop-Loss 106312
Target 104002
This setup is based on price action and liquidity dynamics, suggesting short-term bearish pressure following the stop-run.
Outlook: Bearish below 106312, targeting 104002 as the next key level of interest.
On the 30-minute chart, BTC/USD has recently executed a liquidity sweep above the recent highs, triggering stop-losses on the sell side. This stop-hunt behavior often indicates exhaustion of bearish momentum and the potential for a reversal.
Given this development, a short opportunity is anticipated from the current region around 105600, with a clear invalidation level above the recent highs.
Entry 105600
Stop-Loss 106312
Target 104002
This setup is based on price action and liquidity dynamics, suggesting short-term bearish pressure following the stop-run.
Outlook: Bearish below 106312, targeting 104002 as the next key level of interest.
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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.
Join my telegram channel for free signals and analysis
t.me/AmeliaGoldTrader123
t.me/AmeliaGoldTrader123
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.