BTC/USD – FVG Buy Zone Setup Targeting $113K🔎 Chart Overview (BTC/USD 30m)
Price is currently trading at $110,517.
EMA 70 (111,276) above price → short-term bearish.
EMA 200 (110,598) acting as immediate support zone.
📐 Trend & Channel Strategy
Market is moving inside an ascending channel (support & projection line).
Price recently retraced to the support line → potential bullish continuation.
🎯 Supply & Demand / FVG Strategy
FVG Buying Zone: $109,583 – $110,217 highlighted (strong demand zone).
Entry around this zone expected to trigger a bullish reaction.
📊 EMA Crossover Strategy
EMA70 > EMA200 previously → bullish structure.
Current retest of EMA200 is key → holding above signals continuation to upside.
💎 Price Action Strategy
After strong drop, price tapped into support + FVG zone.
Wick rejection suggests buyers stepping in.
🎯 Target & Risk Management
Target Point: $113,053 – $113,064.
Stop Loss: Below $109,583 (to protect against breakdown).
Risk/Reward ratio looks favorable (approx. 1:3).
✅ Conclusion:
BTC is in an uptrend channel. After retesting the FVG buying zone & EMA200, buyers are likely to push price back toward $113,000 target 🚀📈. A break below $109,583 would invalidate this bullish setup.
