BTC / USDT
Timeframe for main analysis: 15m – 1h
Trend:
• Current trend: Bullish (15m/1h Impulse Move) after a strong bounce from $85k-$86k.
• Important price zones: Support (Order Block/Demand Zone) $91,000 - $91,200; Resistance $92,500 - $93,000.
Liquidity Map:
• Liquidity above: $92,500 - $93,000 (Major high/Short traps, coinciding with resistance level 92500 - Source 3.3).
• Liquidity below: Zone $90,500 (Recent swing low/Long stops).
• Liquidity hunting potential: Strong momentum suggests aiming for the immediate high at $92,500.
Funding & OI:
• Current funding: Neutral (0.00% to 0.005%, implying the recent move up is not overly leveraged).
• OI increase/decrease, signals: OI may slightly increase due to the upward trend, but there are no signs of overheating.
Technical Indicators:
• RSI: 65 - 70 (Rising, strong momentum, approaching overbought on 15m).
• MACD: Bullish expansion.
• StochRSI: Overbought, warning of a short-term pullback.
• Volume: Strong growth in the upward trend.
Trade Setup:
• Entry: $91,050 - $91,250 (Pullback to fresh Demand Zone).
• Take Profit (TP): $92,500 (Liquidity target).
• Stop Loss (SL): $90,650 (Below Demand Zone wick).
• Bias: LONG
click here to trade:
• Reason: In a strong Bullish Impulse Wave. Waiting for a reasonable pullback to enter the Long position, targeting $92,500 (immediate resistance/liquidity).
Risk Note:
Maintain discipline with SL. No FOMO. The market is reacting strongly after the drop, high volatility.
