Bitcoin
Short
Updated

BTCUSD Next Selling Move Analysis

1 874

The chart points to a Target Level (purple zone).

Below that sits a Strong Support Level (blue zone).


Short Idea (Based on the chart’s logic)

This is an interpretation — not a recommendation:

1. Weak High = Liquidity Zone
A weak high often suggests price may reverse after grabbing liquidity — which seems to be what the chart implies.


2. Market Structure Shift
The drawn line shows a lower high forming, suggesting bearish structure.


3. Short Bias Trigger
A short bias may be considered after confirmation, such as:

Break of minor support beneath the weak high

Retest of that broken level

Bearish rejection (wick rejections, bearish candle close)



4. Possible Target Areas

First target: Purple “Target Level” zone — likely a demand area or imbalance.

Final target: Blue Strong Support Level — major liquidity zone.

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