Technical analysis by petermichalides about Symbol BTC: Buy recommendation (7/5/2025)

We have an bullish OB with imbalance on Daily, 6 HOUR REFIMNET with some stoplosses underneath 107 200. If we do not hold local LTF -15M- 1H range I would be favoring this setup. Otherwise I am already in position and already took two TPs.Setup Thesis:If price tags the demand zone (highlighted in pink) and holds, we could see a continuation toward recent highs. The setup favors a reactive long entry from this zone, as long as buyers defend the area with conviction.Key Factors:Demand zone: High probability support areaClean structure: HL-HH continuation in playMarket strength remains intact above this zonePlan:Wait for reaction at demandLong on confirmation (rejection candle, reclaim, or strong 4H close)Invalidation below the zone lowsThis is my LTF idea and strategy, which is way less probable and MEME oriented but still:tradingview.com/chart/E1ellvIU/?symbol=FOREXCOM:EURCAD