#cryptotradingpro #BTC
🔍 Setup Summary ($BTC /USD 4H)
Context: The price is moving in a downtrend from a high of $66,923 (point 1) to a low of $62,198 (point 0) and is now pressing against the lower boundary of the sidewall.
Resistance (POI): Pink block + Fibo OTE ($65,114 – $65,912).
Support: Blue liquidity zone and local minimum ($62,198).
📉 Conclusion and movement scenario
Priority — Continuation of the short trend. The price breaks the local support levels and moves towards the withdrawal of the main liquidity pool below.
🎯 Trading plan:
➡️ Scenario A (Ideal entry from the correction):
Entry zone (Sell Limit): $65,114 – $65,300 (level 0.618 OTE + pink FVG/OB).
Stop Loss: $66,925 (at Strong High).
Take Profit 1: $62,198 (withdrawal of Strong/Weak Low).
Take Profit 2: $61,250 (main target for fat renewal).
➡️ Scenario B (Breakout Trading):
If the price consolidates with a candle below $63,100 (level 0.236), a short can be considered on the trend directly from the current to the first target of $62,198.
🔍 Setup Summary ($BTC /USD 4H)
Context: The price is moving in a downtrend from a high of $66,923 (point 1) to a low of $62,198 (point 0) and is now pressing against the lower boundary of the sidewall.
Resistance (POI): Pink block + Fibo OTE ($65,114 – $65,912).
Support: Blue liquidity zone and local minimum ($62,198).
📉 Conclusion and movement scenario
Priority — Continuation of the short trend. The price breaks the local support levels and moves towards the withdrawal of the main liquidity pool below.
🎯 Trading plan:
➡️ Scenario A (Ideal entry from the correction):
Entry zone (Sell Limit): $65,114 – $65,300 (level 0.618 OTE + pink FVG/OB).
Stop Loss: $66,925 (at Strong High).
Take Profit 1: $62,198 (withdrawal of Strong/Weak Low).
Take Profit 2: $61,250 (main target for fat renewal).
➡️ Scenario B (Breakout Trading):
If the price consolidates with a candle below $63,100 (level 0.236), a short can be considered on the trend directly from the current to the first target of $62,198.