$BTC HTF Chart Explanation
There is an untapped SSL imbalance on the weekly timeframe.
- A bearish SMT divergence is pushing $BTC price down.
- Now, on Tuesday, BTC is grabbing BSL and showing signs of a bearish retest (LTF) , potentially leading to a drop.
- This could balance the price on higher timeframes.
Keep an eye on the SSL and imbalance areas for lower time frame structure.