Liquiditygrab
CALM SELLUJ created a relative equal high after a break and retest of a H4 rising channel support. There was a target area for a liquidity grab above the relative equal high where price was expected to push to before dropping again. After that area was hit, a 50% fibonacci retracement was created on the M30 timeframe. The profit projection area from this 50% fibonacci retracement lines up with a H1 indecision level which is TP1. TP2 is H4 lower low which is also just above the D1 timeframe support. Feel free to comment and let me know what you think.
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BTC Daily, 33k Is The First Target!Hey everyone,
Here we can see BTC invalidate out Daily Bullish OB, and we came down nearly retesting the low, hitting 36323.
Currently we still hold market Structure, but unless we see some sort of aggressive bounce I am confident we will test 33k, to fill out the imbalance form the last move up.
That would bring us near the Daily OB at 32.9k and we will likely test that OB while we are down there.
If the MMs want to take out the liquidity sitting below that bullish Daily OB we will likely see a wick down to 28.5-29k.
Yes I really think that is on the cards as of now.
As I said earlier if we go that low I will start to seriously accumulate more BTC.
Hope you enjoyed this update, I'm healthy again so will be updating daily on the market.
NOT FINANCIAL ADVICE, this is purely educational and my opinion. DYOR when trading and never buy or sell based of my technical analysis alone.
Take care guys. See you tomorrow!
EURAUD Potential Sell IdeaHere I am looking for EURAUD to take out liquidity up around the 1.6000 area. News will be coming between 2:15 a.m. and 2:30 a.m. CST that may be the catalyst to take out the liquidity above Asia. Once liquidity is taken, I'm waiting for the short term low to be broken and then a retest of the zone at around 1.5950 with a sell target around 1.5580 for a 370 pip total.
NZDUSD Long AnalysisLooking for Upside Movement to break the last high that was set during the accumulation phase on the 4 Hr chart. The last high the broke structure indicates a willingness to go bullish and set new highs. Price is currently retracing to grab the liquidity that was set below the 0.6750 area which is why my entry is at 0.6712. Price should look to capture liquidity and head to the 0.6900 area to capture that buyside liquidity which is also my target area
Only Strategy You Ever Need! .. Liquidity Build&SweepHello everyone!
Liquidity is the main force that moves all markets, understand it well, and everything becomes clearer...
Liquidity, simply, is "where orders are resting". Sometimes it is clear, other times not. So you have to look really well into where we have relative equal highs (sell-side) or lows (buy-side).Does that mean to jump into buying below relative equal lows/selling above relative equal highs right away? Of course no. As explained above, most of the time we have an indication as to whether the Market is responding as it shouldmd or not. Like a rejection or multiple rejections or a candle pattern or whatever.. you should see and indiction in price action, not indicators. Also pay attention to time frames. Equal highs/lows should not be treated the same way in small and big time frames... At least 15-min timeframe is recommended...
Your comments are highly appreciated...
Please don't forget to ▶️ FOLLOW & ▶️LIKE if you found my tutorial a help to you... Great content is to come yet.. hopefully..
Thanks Guys!
Smart Money. Price could travel anywhere at this point, we can expect very volatile movement from GOLD, they have accumulated a ton of positions, we can also see the spring formed from the Accumulation, equal highs and equals lows will be ran through, we just have to figure out which way the order-flow will travel, currently trading upon 2 price ranges, notice how every time London-New York overlaps open, the candle sticks are huge whether that's a sell or buy. like i said prices could travel either way,
just expect prices will move extremely volatile, it'll be a beauty to watch when markets open back up,
have the patience .
stay safe traders.
EURUSD 4 hour expectational order flow as we can see, and as iv been mentioning all week 4 hour order flow has been bullish. I was slightly concerned that it hadn't yet moved away from the order block but today provided a text book liquidity grab from sell side bellow the range it had been forming the last few trading days.
As we can see price formed a range. This forms liquidity on 3 levels.
1 - all the stop losses bellow the equal lows
2 - sell stops, tricking traders into thinking once price dropped out the bottom of the range it would continue.
3 - all the stop losses from the equal highs that get taken in the true move
But from experience and backtesting generally whatever side price breaks from the range first it will go in the opposite direction, ESPECIALLY if we do not get a candle close on that break.
Moving on from this todays price has gas another clean break of structure to the upside continuing bullish momentum.
Altcoin Gems 1: $SUTER by SuterusuHi guys,
I've had the idea to begin a new series called 'Alt Coin Gems'. This is a great opportunity to introduce the general public to new projects, but also a good way for me to dig a little deeper into projects and interact with others. This will be the first coin, and I will be following up with others! Enjoy the gainnss :)
It’s my pleasure to present you with a fantastic buy opportunity on a low-cap alt gem. Suterusu is a layer 2 private payment infrastructure project for smart contracts, with over 10m daily transactions on BSC, Ethereum, Theta, Heco, SmartBCH (BCH sidechain) and with plans soon to deploy on additional smart contract platforms including Near, Solana, Avalanche, Moonbeam, Plasma, Matic.
The innovation behind Suterusu’s ZK-ConsSNARK zero-knowledge proof technology, their team, and the impressive adoption and community metrics are factors I considered when arriving at the conclusion that this coin is heavily undervalued at current levels.
The Technology
A key feature of any cryptocurrency project seeking to establish itself following this current innovation cycle is interoperability. A standalone protocol/project is unlikely to have a sustainable future beyond this current cycle without being able to interact with and operate on multiple different networks. The fact that Suterusu’s code currently supports deployment on the abovementioned platforms means that it will benefit from the growth and overall adoption of those platforms too.
Suter has the potential to be the infrastructure upon which blockchain solutions requiring anonymised transactions protecting the sender, receiver and transaction quantity can be built. The protocol provides convenient tools allowing other projects easily to add privacy features using ZK-ConsSNARK, and could be the foundation for use-cases requiring anonymity of payments/identity and data protection.
The Team
Suterusu’s team is headed by competent experts in cryptography and in the blockchain industry, a wonderful marriage of technical and business growth expertise that will contribute positively to the growth of this project.
Their Chief Technical Officer (CTO) Dr Huang Ling has a background in applied cryptography with over 1,508 citations on over 20 papers. On the commercial side their Chief Strategy Officer (CSO) is Richard Liu who is founding member of FBG Capital, one of Asia’s hottest blockchain VCs that boasts Sylicon Valley heavyweights Sequoia as an LP.
Adoption / Community
The usage and community metrics on Suter are impressive, and from this current base are only likely to improve with time. Currently Suter has a total volume of $223,801,581 transactions across a universe of around +15,000 active users. They also have a highly engaged community, with 68.3k followers on twitter and 33,755 members on its telegram channel. If these numbers continue to grow, then I anticipate ever higher usage and adoption of its solutions.
Key Levels to Watch
I’ve already been accumulating between 8-10 Sats, and now I’m keeping an eye on the weekly candles to scale into my trade and add to my current position.
Currently the weekly candle is forming a gravestone doji, but I think that we should see a green weekly close. If we get a close > 15 sats, then we could expect a breakout with 68% gains to 25 sats. From there we could see a retest of that 15-19 Sats zone before making new highs above 46 Sats. Essentially 9 Sats is our support, 15 sats our resistance which if broken and positively retested could print 185% returns to 43 sats (as a minimum imo).
This is easily a multiple x coin imo because of how heavily undervalued it is relative to other privacy projects when considering its fundamentals. Of course I invite you always to DYOR and feel free to reach out to me if you have any comments or just for a general chat about crypto!
I will make an effort regularly to update my tradingview with projects with strong potential, and as such would be grateful for any contributions to help assist with this endevour:
BTC: bc1qu7rswf6e8s8efj5d9g2r5phnejwxkcqycja7fw
ETH: 0x58ffB09Ce2C206989BB12F2e42965Fb818aDE61A
ADA: addr1qxjkfczhd7fta5evd4g8hakffkcmctddjawpudf9dvj6nq4q9thlfqw676k7edkjtzq6m50ncf90fmg5wy62xaf6g0ussvufz7
XLM: GCWACKPSV3W5OZYT5GK5UVH35YJSJIQ6L5VOH6EV6R2L7Z3E2L6G3D7Y
See my profile for other Gems that I have recommend to see how they have performed historically.
CADJPY(update)As a smart money concept trader I'm learning how to observe market structure. Market was not making HH or LL in this structure as it is safe to go short for the time being.
OB(order block) is where a candle before the market makes a huge move down or upwards with a strong momentum.
Do leave a feedback, if you're trading SMC that's great, as I'm still a learner i do wish to hear more from more experience traders out there.