Timeframe: 4H + 1H
Methodology: NeoWave (Glen Neely) + Smart Money Concepts (ICT/SMC)
Posted by: CryptoPilot
⸻
🧠 NeoWave Analysis: Complex Correction Ending?
From a NeoWave perspective, BTC seems to be in the final stages of a Complex Correction that started in March 2025 from ~72k. The upward move appears to form a Contracting Diametric structure (7 legs: A–B–C–D–E–F–G), with the current leg G potentially unfolding now.
• ✅ Wave A: Sharp recovery from March lows
• ✅ Waves B–F: Alternating corrective legs with varied time and complexity
• 🔄 Wave G: Could be starting now, expected to break structure to the downside
This suggests that the entire move from March till now may represent a large Wave B, setting the stage for a deeper Wave C down.
⸻
🔍 Price Action + Smart Money Confluence
The following observations strengthen the NeoWave scenario:
• 🟨 Liquidity Pools above 120k were swept recently, creating a potential Buy-side Liquidity Grab
• 🟥 Imbalance/FVGs below 114.5k remain unfilled
• 🔻 Market Structure Shift (MSS) evident on 1H chart — lower highs forming
• 🧠 Price rejected from a key Supply Zone, aligning with end of Wave F
• 🟩 If price re-tests the internal bearish OB (near 119.5k–120k), it may provide an ideal short trigger
⸻
📌 Key Levels to Watch:
Level
Description
120.2k
Liquidity sweep zone / MSS confirmed
118k
Current structure base (pivot)
114.5k
FVG + potential Wave G target
111–112k
Strong demand zone (accumulation support)
🧭 Scenario Outlook:
Primary:
→ Price is in Wave G of a Diametric (NeoWave)
→ Likely to unfold as a 3-leg Zigzag down or a Complex combination
→ Objective: break below Wave E low and target the unmitigated imbalances
Alternative:
→ Extended Flat or Triangle, if 120.5k is broken impulsively
→ Invalidation = clean break and hold above 121k
⸻
⚠️ Risk Note:
This analysis assumes Wave G is beginning. If bulls manage to reclaim 120.5k with momentum and close above, the bearish structure will be invalidated.
⸻
💬 Final Thought:
We are potentially nearing the end of a complex corrective rally. The confluence of NeoWave structural symmetry, Smart Money traps, and market inefficiencies suggests that BTC may be preparing for a retracement. Stay alert for confirmations before executing.
⸻
📌 Follow CryptoPilot for advanced wave structure updates, market geometry insights, and ICT-style smart money traps.
💬 Share your views or alternate wave counts in the comments!
Methodology: NeoWave (Glen Neely) + Smart Money Concepts (ICT/SMC)
Posted by: CryptoPilot
⸻
🧠 NeoWave Analysis: Complex Correction Ending?
From a NeoWave perspective, BTC seems to be in the final stages of a Complex Correction that started in March 2025 from ~72k. The upward move appears to form a Contracting Diametric structure (7 legs: A–B–C–D–E–F–G), with the current leg G potentially unfolding now.
• ✅ Wave A: Sharp recovery from March lows
• ✅ Waves B–F: Alternating corrective legs with varied time and complexity
• 🔄 Wave G: Could be starting now, expected to break structure to the downside
This suggests that the entire move from March till now may represent a large Wave B, setting the stage for a deeper Wave C down.
⸻
🔍 Price Action + Smart Money Confluence
The following observations strengthen the NeoWave scenario:
• 🟨 Liquidity Pools above 120k were swept recently, creating a potential Buy-side Liquidity Grab
• 🟥 Imbalance/FVGs below 114.5k remain unfilled
• 🔻 Market Structure Shift (MSS) evident on 1H chart — lower highs forming
• 🧠 Price rejected from a key Supply Zone, aligning with end of Wave F
• 🟩 If price re-tests the internal bearish OB (near 119.5k–120k), it may provide an ideal short trigger
⸻
📌 Key Levels to Watch:
Level
Description
120.2k
Liquidity sweep zone / MSS confirmed
118k
Current structure base (pivot)
114.5k
FVG + potential Wave G target
111–112k
Strong demand zone (accumulation support)
🧭 Scenario Outlook:
Primary:
→ Price is in Wave G of a Diametric (NeoWave)
→ Likely to unfold as a 3-leg Zigzag down or a Complex combination
→ Objective: break below Wave E low and target the unmitigated imbalances
Alternative:
→ Extended Flat or Triangle, if 120.5k is broken impulsively
→ Invalidation = clean break and hold above 121k
⸻
⚠️ Risk Note:
This analysis assumes Wave G is beginning. If bulls manage to reclaim 120.5k with momentum and close above, the bearish structure will be invalidated.
⸻
💬 Final Thought:
We are potentially nearing the end of a complex corrective rally. The confluence of NeoWave structural symmetry, Smart Money traps, and market inefficiencies suggests that BTC may be preparing for a retracement. Stay alert for confirmations before executing.
⸻
📌 Follow CryptoPilot for advanced wave structure updates, market geometry insights, and ICT-style smart money traps.
💬 Share your views or alternate wave counts in the comments!
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Related publications
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.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Related publications
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.