• Vasily Trader

BITCOIN (BTCUSD): Structure Trading Explained

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.