🔎 Chart Context
• Pair: BTC/USDT
• Exchange: Binance
• Timeframe: 4H (240M)
• Date: 16 August 2025
The chart applies price action, liquidity sweep, demand/supply zones, and FVG (Fair Value Gaps) to forecast market behavior.
📊 Key Observations
1. Major Highs & Lows
• Recent Highs: 124,474 and 123,218
• Key Resistance: 122,335.16 zone
• Significant Lows: 112,650.00 and 111,920.00 (highlighted as potential liquidity target)
These represent liquidity pools where institutional activity often occurs.
2. Current Price
• Trading around 117,621 – 118,235 zone at the time of charting.
• Price is consolidating after rejection from 124,474 top.
3. Liquidity Structure
• Market swept liquidity above 124,474 and quickly rejected, signaling a potential distribution phase.
• Below, untested liquidity exists near 111,920, which is marked as a probable downside target.
4. FVG & Demand Zones
• A Fair Value Gap (FVG) remains open around 115,200–116,500, which price could retest before further downside.
• Stronger demand lies around 111,920–112,650, likely to act as a magnet if the retracement deepens.
5. Resistance Zones
• 122,335–124,474 is a strong supply block / distribution zone, which caused the sharp rejection.
• Any bullish recovery will need to reclaim 120,247 and 119,800 to sustain upside momentum.
📈 Bullish Case (Less Likely, Countertrend Scenario)
• If BTC holds above 115,200–116,500 FVG zone and forms higher lows:
• First target: 119,800 (minor supply).
• Second target: 122,335 (major resistance).
• Reclaiming this zone could trigger a retest of 124,474.
• However, this requires strong demand and volume, which currently looks weak.
📉 Bearish Case (Higher Probability Scenario)
• After liquidity grab at 124,474, rejection suggests continuation lower.
• Likely retracement path:
• Retest 116,500–115,200 (FVG zone)
• Break below to sweep 112,650
• Final downside liquidity target: 111,920
This scenario aligns with the chart projection arrow pointing toward 111,920.88.
⚡ Trading Plan
• Short Entries (Preferred Play):
• At 119,800–120,247 (supply retest)
• At 122,335 zone (distribution block)
• Target 1: 116,500–115,200 (partial close).
• Target 2: 112,650.
• Target 3: 111,920 (main liquidity sweep).
• Stop-loss: Above 124,474 high.
• Long Setup (Countertrend, Risky):
• Entry at 115,200–116,500 (FVG)
• TP1: 119,800
• TP2: 122,335
• Stop: Below 114,700
• Pair: BTC/USDT
• Exchange: Binance
• Timeframe: 4H (240M)
• Date: 16 August 2025
The chart applies price action, liquidity sweep, demand/supply zones, and FVG (Fair Value Gaps) to forecast market behavior.
📊 Key Observations
1. Major Highs & Lows
• Recent Highs: 124,474 and 123,218
• Key Resistance: 122,335.16 zone
• Significant Lows: 112,650.00 and 111,920.00 (highlighted as potential liquidity target)
These represent liquidity pools where institutional activity often occurs.
2. Current Price
• Trading around 117,621 – 118,235 zone at the time of charting.
• Price is consolidating after rejection from 124,474 top.
3. Liquidity Structure
• Market swept liquidity above 124,474 and quickly rejected, signaling a potential distribution phase.
• Below, untested liquidity exists near 111,920, which is marked as a probable downside target.
4. FVG & Demand Zones
• A Fair Value Gap (FVG) remains open around 115,200–116,500, which price could retest before further downside.
• Stronger demand lies around 111,920–112,650, likely to act as a magnet if the retracement deepens.
5. Resistance Zones
• 122,335–124,474 is a strong supply block / distribution zone, which caused the sharp rejection.
• Any bullish recovery will need to reclaim 120,247 and 119,800 to sustain upside momentum.
📈 Bullish Case (Less Likely, Countertrend Scenario)
• If BTC holds above 115,200–116,500 FVG zone and forms higher lows:
• First target: 119,800 (minor supply).
• Second target: 122,335 (major resistance).
• Reclaiming this zone could trigger a retest of 124,474.
• However, this requires strong demand and volume, which currently looks weak.
📉 Bearish Case (Higher Probability Scenario)
• After liquidity grab at 124,474, rejection suggests continuation lower.
• Likely retracement path:
• Retest 116,500–115,200 (FVG zone)
• Break below to sweep 112,650
• Final downside liquidity target: 111,920
This scenario aligns with the chart projection arrow pointing toward 111,920.88.
⚡ Trading Plan
• Short Entries (Preferred Play):
• At 119,800–120,247 (supply retest)
• At 122,335 zone (distribution block)
• Target 1: 116,500–115,200 (partial close).
• Target 2: 112,650.
• Target 3: 111,920 (main liquidity sweep).
• Stop-loss: Above 124,474 high.
• Long Setup (Countertrend, Risky):
• Entry at 115,200–116,500 (FVG)
• TP1: 119,800
• TP2: 122,335
• Stop: Below 114,700
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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.
Related publications
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.