Bitcoin has recovered prior vector candle imbalances at the lower levels (marked in green) and is showing signs of strength after retesting the daily open. With cleanups complete below, attention now shifts to the remaining unfilled vectors above (highlighted in purple), ranging from the 6hr to 5min timeframes.
These imbalances act as magnets for price, suggesting a potential path higher toward the $98K–$109K region.
The structure also shows a possible stair-stepping move upward with multiple confluences building around each level. If momentum sustains and liquidity is swept at each leg, we could see these zones get tapped progressively in the coming sessions.
These imbalances act as magnets for price, suggesting a potential path higher toward the $98K–$109K region.
The structure also shows a possible stair-stepping move upward with multiple confluences building around each level. If momentum sustains and liquidity is swept at each leg, we could see these zones get tapped progressively in the coming sessions.
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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.