Bitcoin has taken the liquidity at $76,000 and is now moving downward after grabbing that liquidity.On the H4 timeframe, a breakout of the climactic action bar (CAB) has also occurred, and along with that, a CAB + CISD setup has formed.

‎Now we will wait for Bitcoin to come up to our H4 Inversion + BPR zone so we can take a short.

‎If the price comes to the H4 inversion + BPR, then you should look for volume signs on M5 and M15 such as CAB, TBR, or no demand candle. Whenever a setup forms on the lower timeframe, keep the first TP at 1:1 and hold the rest till the liquidity below.

‎If you don’t see volume signs, then no problem you can also look for your own strategy confirmation signs on the lower timeframe and take a short.

$BTC

BTC
BTCUSDT
77,900.1
+0.53%

#BitcoinAnalysis #bitcointoday #SameerAbbas