BTC/USDT – Smart Money Concept Analysis (1H Timeframe)

Oct 28

🚀 BTC/USDT – Smart Money Concept Analysis (1H Timeframe)

📊 Market Structure & Key SMC Concepts

✅ Trend Bias: Currently showing a bullish shift after a CHOCH indicating buyers stepping back into control.
✅ Liquidity: There is clear liquidity buildup above the H HIGH 🏁 — a strong magnet for price.
✅ BOS (Break of Structure): Confirmed earlier, showing continuation interest by bulls 📈
✅ Fair Value Gap (FVG): Price reacted from FVG zone 🟨 → bullish rejection = demand area respected
✅ Higher Low (L HIGH): Strong foundation for upward continuation 🧱
✅ Support Zones: Clear supports below 👇 keeping bullish structure intact

🎯 Trade Idea Overview

🟩 Long Setup Active
Price is bouncing from discount area near cloud support ☁️
Buyers defending level strongly 💪

🎯 Target Zone (TP): 116,300 – 116,900
🏁 Above H HIGH liquidity zone — Likely where price will spike to grab orders

🛑 Stop Loss (SL): Below 113,900 support 🔻
Keeping risk defined if structure fails

📌 Key Levels

🔹 Major Support: 112,200 – 113,700

🔸 Major Resistance: 115,600 – 116,900

🎯 Liquidity Target: Above H HIGH

Oct 28

Trade active

Oct 29

Trade closed: target reached