$ESP is showing early signs of structure shift. Here’s what I’m watching in ICT terms:
1️⃣ Break of Structure (BOS)
BOS occurs when price breaks the previous swing high/low on higher timeframe (4h–1D).
Confirmation is key: price must close beyond the level, not just wick through.
Current BOS watch: ESP recently challenged the 0.000045 BTC resistance.
✔ Clear close → potential bullish continuation
❌ Rejection → liquidity sweep
2️⃣ Change of Character (CHoCH)
CHoCH = first sign market sentiment is shifting
Example: price forming higher lows after breaking previous lower low
For ESP: look at LTF (15m–1h) compression zones — a CHoCH candle could trigger short-term bullish momentum
3️⃣ Fair Value Gaps (FVG) / Imbalances
Identify gaps left by impulsive moves → these are areas smart money may target
Reactions at FVGs indicate accumulation or distribution
ESP currently has a gap around 0.000042–0.000043 BTC on 1h chart → watch reaction
4️⃣ Liquidity Sweep & Order Blocks
Watch for liquidity above swing highs → likely stop hunt
Look for order blocks (previous consolidation zones) as entry zones
Smart money often accumulates quietly before impulsive moves
5️⃣ Risk & Execution
Conservative: wait for CHoCH + BOS confirmation
Aggressive: enter order block near liquidity sweep with tight invalidation
Always check BTC direction — ESP will follow macro risk sentiment
🔑 Takeaways
ICT framework = structure > confirmation > execution
BOS + CHoCH = early trend signals
FVG + OB = smart money zones
Risk management > impulse entries
⚠️ Personal technical analysis. Not financial advice. Always manage risk.
