BTCUSDT

The reaction will determine what will definitely happen

A large Fair Value Gap usually attracts price, but I won't assume it'll be filled in one move. I'll be watching how price reacts inside the imbalance, strong rejection and displacement would support continuation, while sustained acceptance within the gap could signal a deeper retracement before the trend resumes.

What trend will resume?

The buy trend it may give a deep sell retracement untill a resumption of the buy trend again

Price is still reacting at that key level. There's no significant buy momentum for that level yet

BTC- Expecting this pattern play.

Price has swept equal highs as liquidity and tagged that key level on the 4h timeframe. The setup is clearly accumulation, manipulation and distribution.

Price has accumulated and it has being manipulated, so i expect price to begin it's expansion or distribution

Remember this setup and analysis on BTC?

That's why I sold

Your selling bias was valid but BTC only sold to demand, and a little bit below the 38.6 Fibonacci retracement level, because that was where I placed my box for the reaction, price is still overall bullish, you traded against the trend, until 62188.93 is invalidated BTC is still bullish, think of where investors money are right now if not in gold or in techs then where is it??? The big question I guess

That Fibonacci retracement level is still at premium so it's not yet safe to buy

Nevertheless, I'll set BE on my BTC trade. Let's see how price will react from there your zone

From the first move of the leg down to upward movement that's what am talking about, from my box the fib retracement is 38.2 which means if price reacts from that level it is the bullish leg demand level, there is a high probability of price going up from there, but if price was above 50 there i won't buy because from the lower timeframe there is still probability for a sell to the 4hr demand

Ooh i now understand your fib levels

It's the way you drew it, normally in it's a bullish scenario, the 0 level is always below while the 100 level is above and viceversa for sell scenarios

That's how it is just as you have seen it but below 23.6 I don't take buys because that's an invalidation level, for me

I caught the sells from that high.

Nice Catch. How's the trade going?

The lower timeframe gave an early reversal pattern before the Mid-timeframe.

The sells is going well, i have a second entry

Alright. With how the Daily candle intends to close today, the Sells will still continue possibly over the weekend.

That's how it is just as you have seen it but below 23.6 I don't take buys because that's an invalidation level, for me