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BTC/USDT
Current Price: ~$79,665
Bearish FVG: Around 80,800 – 81,300 (acting as resistance)
Bullish FVG: Around 78,500 – 79,300 (support zone)
Fibonacci Levels:
Price recently tapped near the 0.382 level (around 79,200)
Next key fib levels: 0.236 (~78,300) and 0.618 (~80,900)
Liquidity Zones:
Swing Low: ~78,100 (liquidity resting below)
Swing High: ~81,300
. Structure:
I-BoS (internal Break of Structure) is visible
I-CHoCH (internal Change of Character) showing a shift in trend
Potential Entry Strategy:
Bullish Scenario:
If price retests the Bullish FVG zone (78,500–79,300) and holds, that’s a potential long entry zone.
Entry: 78,600–79,000
SL: Below swing low (~78,100)
TP1: 80,800 (Bearish FVG top)
TP2: 81,300+ (Swing High)
Bearish Scenario:
If price gets rejected from the Bearish FVG zone (80,800–81,300) with bearish confirmation (e.g., wick rejection, bearish engulfing), consider a short position.
Entry: 80,800–81,300
SL: Above 81,500
TP1: 79,300
TP2: 78,100