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Candle King_7
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$BTC
{spot}(BTCUSDT)
showing a clear repetition of price action. Price has reached a key resistance zone that aligns with previous structural behavior.
🔍 Analysis Details:
Liquidity Sweep: Price has reacted from the highlighted gray zones, indicating a sweep of internal liquidity.
Resistance Zone: We are currently at a critical level around 81,200.00 as shown in figure
Confirmation:
Wait for a bearish pattern (like a Change of Character or a bearish engulfing candle) in the red circle area before looking for a short entry.
🎯 Trade Plan:
Entry: If bearish confirmation appears at the current level.
Target: Looking for a move back toward the lower support levels established on the 12th/13th.
Strategy: High-probability SMC (Smart Money Concepts) setup based on structural repetition.
Note:
Always manage your risk properly. Do not enter without a clear bearish signal on lower timeframes.
{spot}(BTCUSDT)
showing a clear repetition of price action. Price has reached a key resistance zone that aligns with previous structural behavior.
🔍 Analysis Details:
Liquidity Sweep: Price has reacted from the highlighted gray zones, indicating a sweep of internal liquidity.
Resistance Zone: We are currently at a critical level around 81,200.00 as shown in figure
Confirmation:
Wait for a bearish pattern (like a Change of Character or a bearish engulfing candle) in the red circle area before looking for a short entry.
🎯 Trade Plan:
Entry: If bearish confirmation appears at the current level.
Target: Looking for a move back toward the lower support levels established on the 12th/13th.
Strategy: High-probability SMC (Smart Money Concepts) setup based on structural repetition.
Note:
Always manage your risk properly. Do not enter without a clear bearish signal on lower timeframes.
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