Bitcoin just delivered a classic Smart Money Concepts (SMC) setup on the 1-Hour chart!
Price took out the equal lows ($$$) to sweep sell-side liquidity (SSL) below $62,400 and is now building momentum toward the upside, forming a solid Double Bottom structure inside a key support zone.
We are eyeing a breakout above the local resistance zone around $63,600 (BSL) to confirm the shift in momentum toward upper Buy-Side Liquidity targets! 🎯
🟢 TRADE SIGNAL SETUP: BTC/USD (Spot / Futures)
Entry Zone: Buy on a confirmed break & retest of $63,600 (or aggressive entry around $62,800–$63,000)
Stop Loss (SL): $62,200 (below recent liquidity sweep low)
Target 1 (TP1): $65,200 (First Major BSL Level)
Target 2 (TP2): $66,850 (Key Highs Liquidity Pool)
📌 Key Technical Highlights:
✅ Sell-Side Liquidity (SSL) Grabbed: Stop losses below recent lows were hunted.
✅ Double Bottom Pattern: Strong reaction off the $62,400 support area.
⏳ Trigger Level: A clear 1-Hour candle close above $63,600 confirms the bullish push to $65.2k+.
What’s your plan on Bitcoin here—are you buying the retest or waiting for higher confirmation? Let me know below! 👇
#Bitcoin #BTCUSD #CryptoTrading #SmartMoneyConcepts #LiquiditySweep #PriceAction #CryptoSignals #TradingView #TechnicalAnalysis
⚠️ Disclaimer: This post is for educational purposes only and is not financial advice. Crypto trading carries high risk—always manage your risk and trade responsibly.
Price took out the equal lows ($$$) to sweep sell-side liquidity (SSL) below $62,400 and is now building momentum toward the upside, forming a solid Double Bottom structure inside a key support zone.
We are eyeing a breakout above the local resistance zone around $63,600 (BSL) to confirm the shift in momentum toward upper Buy-Side Liquidity targets! 🎯
🟢 TRADE SIGNAL SETUP: BTC/USD (Spot / Futures)
Entry Zone: Buy on a confirmed break & retest of $63,600 (or aggressive entry around $62,800–$63,000)
Stop Loss (SL): $62,200 (below recent liquidity sweep low)
Target 1 (TP1): $65,200 (First Major BSL Level)
Target 2 (TP2): $66,850 (Key Highs Liquidity Pool)
📌 Key Technical Highlights:
✅ Sell-Side Liquidity (SSL) Grabbed: Stop losses below recent lows were hunted.
✅ Double Bottom Pattern: Strong reaction off the $62,400 support area.
⏳ Trigger Level: A clear 1-Hour candle close above $63,600 confirms the bullish push to $65.2k+.
What’s your plan on Bitcoin here—are you buying the retest or waiting for higher confirmation? Let me know below! 👇
#Bitcoin #BTCUSD #CryptoTrading #SmartMoneyConcepts #LiquiditySweep #PriceAction #CryptoSignals #TradingView #TechnicalAnalysis
⚠️ Disclaimer: This post is for educational purposes only and is not financial advice. Crypto trading carries high risk—always manage your risk and trade responsibly.
Trade active
Note
TP1 Hit 1% GrowthNote
1000+ PIPS DONENote
1600+ PIPS DONETrade closed: target reached
1850+ PIPS DONE. I am done with this.
Welcome to our family!
t.me/+UamB2uCTUtkzMmQ0
Risk Management tips to control your risk.
t.me/goldoperator57
t.me/+UamB2uCTUtkzMmQ0
Risk Management tips to control your risk.
t.me/goldoperator57
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Welcome to our family!
t.me/+UamB2uCTUtkzMmQ0
Risk Management tips to control your risk.
t.me/goldoperator57
t.me/+UamB2uCTUtkzMmQ0
Risk Management tips to control your risk.
t.me/goldoperator57
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.