BTC Analysis (27th April 2024)

Crypto Analysis (27th April 2024)

BTCUSD Analysis

On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish Change of Character, leaving behind a large 4 hour bearish FVG.

Price retraced into the fvg, respected it and continued to create a 4 hour Bearish BOS.

Dropping to the 1 hour timeframe, price has created a 1 hour Bearish unmitigated orderblock we can look to take sells from if bearish confirmations shows after testing the OB.

Else, if price decides to break past the bearish OB, we can capitalise on a break and retest to continue higher.