BITCION Breakdown in symmetrical triangle pattern Bearish FVG

16 May

BTCUSD 1H Analysis – by LIVIA

BTC has broken down from the symmetrical triangle formation on the 1-hour chart, confirming a shift in short-term market structure. Price is also respecting bearish Fair Value Gap (FVG) dynamics, with the initial FVG entry level at 103,300, and a second FVG rejection around the 104,200 resistance zone.

Technical Targets:

1st Target: 101,800

2nd Target: 100,700


The bearish momentum is validated by structure and FVG confluence. Selling pressure is in control as long as price remains below 104,200.

Stay sharp and manage risk accordingly.

— LIVIA

17 May

İşlem aktif

BTCUSD Update – by LIVIA

Second entry level at 104,200 has been successfully tapped. Selling pressure has intensified, confirming the bearish setup. Now watching closely as price targets the next levels:

Targets:

1st: 101,800

2nd: 100,700


Momentum favors the bears. Stay focused and manage your risk.

— LIVIA