💣 Bitcoin just got rejected from a Bearish Order Block, confirming resistance at the top. Meanwhile, we’ve spotted a double bottom below — classic bait for retail traders to go LONG.
📉 Guess what lies below that double bottom?
🔻 Liquidity. Stop losses. Pending long entries.
And BTC? It loves grabbing liquidity before making a real move.
👇 Here's what's...
#AAVEUSDT CRYPTOCAP:AAVE Trade Plan.
1. Let the price HUNT the SL's placed below $128.
2. Wait for the market structure to shift.
3. Wait for the price to return to the entry zone.
4. Enter - Put SL - Add TP
And patience.
🚀 BTC is showing a small price hike, but DON'T mistake it for an uptrend! 🚀
📉 The market is still in a downtrend, and the price is entering a Bearish Order Block, which is a strong resistance zone. Many traders fall for this trap, thinking the market is reversing, but it's just a liquidity grab before another drop.
⚠️ Be cautious! Smart money waits for...
Key Observations:
1. Downtrend Breakout:
The price broke out of the descending trendline, signaling potential bullish momentum.
Post-breakout, the price is consolidating above the previous resistance (now support) near $0.4482.
2. Support Levels:
$0.4482: Immediate support zone where the breakout occurred.
$0.4300–$0.4400: Strong demand zone...
Regarding BTCUSDT, it's worth noting that it recently broke the previous higher-low and the shorter timeframe indicates a change in trend. I anticipate BTC to continue its downward movement. Looking at the attached image, the upper-side liquidity from the previous week has been eliminated, leading me to expect the BTCUSDT pair to target the lower-side liquidity in...
IRISUSDT has arrived at its prior demand zone, where it is currently located. This may indicate potential support for the cryptocurrency, potentially resulting in increased demand. Nonetheless, market trends can be unforeseeable, necessitating vigilance in decision-making.
