BITCOIN (BTCUSD): Structure Trading Explained

30 Tem 2021

BTCUSD is approaching a major daily resistance cluster.
40.800 - 41.500 is a potential reversal zone.

To catch a swing move from that,
wait for a bearish breakout of a bear flag that is formed on 4H.
We need at least a 4H candle close below its support to confirm a breakout.

Goals will be - 36.400 / 30.300

In case if the price violates a yellow zone,
setup will be invalid and bullish continuation will be expected.

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31 Tem 2021

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Check my new analysis on EURUSD: