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Technical analysis by EyyJasper about Symbol BTC on 8/22/2025

https://sahmeto.com/message/3729477
EyyJasper
EyyJasper
Rank: 15959
1.5

BTC Long Setup

Neutral
Price at Publish Time:
$116,689.96
،Technical،EyyJasper

15min SFP of the outstanding level (dashed line). Price has with this pump pushed above what was previous resistance, meaning that I think there's now no resistance anymore. So we can probably buy for the HL. Ofcourse I don't know if price pulls back this far. But just looking at the 1H (to not get smoked by 15min TF again) the structure of my entry level should get retested. Maybe it will only retest the top of the structure. Will think about it and update if I'm changing entries.I entered here. I've looked for a bit at the structures on the 1H and the main part of the structure (the thickest) is at the top. So to make sure to not be left out you put the entry at the top of that structure, which I did to which why I'm now in the trade.Price is now creating structure around the entry and thus around the structure of yesterday. After the big 15min pump candle from yesterday price created a 15min wick afterwards. If price now gets below this wick, then price is within ineffiency (pump) + also back in the structure of yesterday. This adds the possibility for a inefficient breakdown candle. If price closes below this wick I'll be closing the trade. For now though all seems fine.Closed for -0.11R. Either I'm wrong or there's going to be a sick short incoming.

Source Message: TradingView
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