RSR / TetherUSShort
$rsr short , short term
I am currently short accoss all crypto we have hit resistance on many cryptos i think we retrace abit .
Current Resistance Zone: $0.01480 - $0.01528
Price is testing a strong resistance area
a premium
Bearish Confluence:
Liquidity Sweep: Price recently grabbed liquidity above prior highs near $0.01528, showing potential exhaustion.
Bearish Rejection: Multiple candle wicks near the resistance zone suggest rejection as sell orders dominate.
Sellside Liquidity: Below $0.01378, there’s untapped liquidity and an attractive target for short positions.
Bill Williams Insights:
Alligator Indicator: Moving averages are converging, signaling a potential reversal or consolidation phase before price direction continues.
Fractals: A bearish fractal is forming near resistance, adding to the likelihood of a short-term pullback.
Trade Idea
📉 Short Setup:
Entry: $0.01480 - $0.01528
Target 1: $0.01406 (38.2% Fibonacci level)
Target 2: $0.01378 (Key support & sellside liquidity)
Stop Loss: Above $0.01550
Trade wisely and manage your risk! 🙌
#ICT #RSRUSDT #CryptoTrading #BillWilliams
Current Resistance Zone: $0.01480 - $0.01528
Price is testing a strong resistance area
a premium
Bearish Confluence:
Liquidity Sweep: Price recently grabbed liquidity above prior highs near $0.01528, showing potential exhaustion.
Bearish Rejection: Multiple candle wicks near the resistance zone suggest rejection as sell orders dominate.
Sellside Liquidity: Below $0.01378, there’s untapped liquidity and an attractive target for short positions.
Bill Williams Insights:
Alligator Indicator: Moving averages are converging, signaling a potential reversal or consolidation phase before price direction continues.
Fractals: A bearish fractal is forming near resistance, adding to the likelihood of a short-term pullback.
Trade Idea
📉 Short Setup:
Entry: $0.01480 - $0.01528
Target 1: $0.01406 (38.2% Fibonacci level)
Target 2: $0.01378 (Key support & sellside liquidity)
Stop Loss: Above $0.01550
Trade wisely and manage your risk! 🙌
#ICT #RSRUSDT #CryptoTrading #BillWilliams
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.