☕️ Scalping - $BTC - April 19th - from Wyckoff + SMC perspective


- BTC on the H1 chart still maintains an uptrend but is weakening after a strong push to around 78k.
- The current structure has shifted to sideways with signs of light distribution: appearance of BC, AR, multiple failed tests of the high, and short-term CHoCH.
- The flow of funds indicates that supply is beginning to dominate, and the price may sweep below liquidity before deciding the next direction.
- The suitable strategy is to prioritize short-term selling at the supply zone or wait for the price to drop to a lower demand zone to find buying opportunities when there is clear confirmation. Avoid trading within the range.
BTC-2,19%
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