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@ Lina Engword ⚡
2025-03-05 13:46:26
**Overview:**
From an overall perspective across all 3 timeframes (TF), BTC shows a clear uptrend (Bullish), especially in the Day TF where the price is firmly above the EMA 50 and EMA 200. However, in the smaller TFs (15m and 4H), there are signs of consolidation and a potential short-term correction.
**Analysis by Timeframe:**
* **Day TF:**
* 
* **SMC:** The price has broken out of the previous downtrend structure and continues to create Higher Highs (HH) and Higher Lows (HL).
* **ICT Buyside & Sellside Liquidity:**
* Buyside Liquidity: Around $70,000 (the next target the price is likely to test).
* Sellside Liquidity: Around $60,000 (a key support level; if the price breaks below this, a deeper correction may occur).
* **Money Flow:** Positive, supporting the uptrend.
* **EMA:** EMA 50 (yellow) is above EMA 200 (white), a bullish signal.
* **Trend Strength:** Thick green cloud, indicating a strong uptrend, and a Buy signal.
* **Chart Pattern:** No clear chart pattern on this TF.
* **4H TF:**
* 
* **SMC:** The price is starting to consolidate and form a base.
* **ICT Buyside & Sellside Liquidity:**
* Buyside Liquidity: Around $69,000 (minor resistance).
* Sellside Liquidity: Around $64,000 (minor support).
* **Money Flow:** Starting to show signs of outflow.
* **EMA:** EMA 50 is still above EMA 200, but they are starting to cross, which could be a warning sign of consolidation.
* **Trend Strength:** The green cloud is starting to thin, and there is a Neutral signal.
* **Chart Pattern:** Potentially forming a Head and Shoulders pattern (reversal) or it may just be a consolidation before continuing higher.
* **15m TF:**
* 
* **SMC:** The price is in a narrow sideways range.
* **ICT Buyside & Sellside Liquidity:**
* Buyside Liquidity: Around $68,500.
* Sellside Liquidity: Around $66,000.
* **Money Flow:** Negative (Outflow).
* **EMA:** EMA 50 and EMA 200 are intertwined (Cross), indicating a lack of a clear trend.
* **Trend Strength:** Red cloud, indicating a short-term downtrend, and a Sell signal.
* **Chart Pattern:** No clear chart pattern found.
**Strategy and Recommendations:**
* **Day Trade:**
* **Strategy:** Focus on Buy on Dip in the 15m or 4H TF, waiting for price reversal signals, and setting appropriate Stop Losses.
* **Setup (SMC):**
1. Wait for the price to test the support (Demand Zone) at $66,000-$67,000 in the 15m TF.
2. Observe Price Action for a reversal (e.g., Bullish Engulfing, Hammer).
3. Enter a Buy when there is a confirmation signal and set a Stop Loss below the latest Swing Low.
4. Take Profit at the next resistance ($68,500) or Buyside Liquidity.
* **Things to watch out for:**
* High volatility of BTC price.
* News or events that may affect the market.
* Divergence signals (if any) between price and indicators.
* **Overall (Medium-Long Term):** Still bullish, but be cautious of short-term consolidations or corrections.
**Summary:**
BTC remains bullish in the medium to long term, but there may be a short-term consolidation or correction. Day traders should use a Buy on Dip strategy and manage risk carefully.
**Disclaimer:** This analysis is a personal opinion and not investment advice. Investors should do their own research and make decisions carefully.