As smart money trader, this coin has not provided me with enough signals to put money behind it. The chart looks very sketchy. The only things I can frame on it are: 1.We went bellow an important liquidity array(old low) 2.Marke shows strong willingness to go up (displacement ) 3 order Block shows a strong sign to support price. 4. We are currently at an OTE...
We may see price retraces up into that marked premium FVG, probably around 1230 to 1240 and then we can expect the trend continuation (Which is heavenly bearish).
This.is my idea on OP token in the coming days. As I mentioned in my BNB analysis any short term rally can be view as an ideal shorting opportunity. Beware!!! This is a Daily chart so it may take time to play out.
Gold has traded into our objective liquidity (Old high), so what I am expecting to come after that( since our swing low is already broken) which will be view as a market structure break. In the coming weeks I have the bias that Gold is about to make a retracement to at least in to the bullish OB bellow daily relative equal lows, should the market trades below...
BNB as it can be witnessed from the chart is heavily bearish. Therefore any potential price move to the upside can be consider as a shorting opportunity. In my analysis,I marked some important level which I think we may trade into in the coming days or weeks to take out the Sellside liquidity residing below these levels. The first level is 150 and the second...
My position is successfully closed. As I told u yesterday I am confident that we gonna takeout the EH . I will not take any trade right until I see a possible entry.
This is how my remaining 20% is going. I am still confident that we gonna takeout the untapped liquidity above. However, we can't be so sure on our long due to the fact that our long time bias is still bearish.
A closed 70% of position yesterday for the setup I shared on 20th of October. I still think there is high probability that BTC will likely takeout That EH as shown above.
In this kind of choppy price action, it's better to stay off the market. But this is what I think will probably play out.
Disclaimer!! Try not to get cought in the wrong side of the market.As a smart trader, always limit yourself to what your chart is communicating to you.
As u can see from the chart, BTC gave a pretty nice but also a tricky liquidity on SSl. Which led to taken multi weed low. BTC made a low of 17960(June low is protected). I think from now on before seeing any negative price action, we may like take out the BSL and FVG above.
The daily chart for BTC shows a strong sign that BTC will for sure go Below our old low of 17560.However , the question is how up will it go before taken out the sell side that is resting below our old low. As you can see for weeks now we have been ranging between 21000 to 18200, taken out both SSL and BSL . As I mentioned at the paragraph above. I have two...
As I marked out from the chart (retail trend line) 31.93, I am expecting that area to be taken out for liquidity grab and if btc continues to behave side ways the EQL as I marked above is the possible area for another liquidity grab. It's important to bear in mind that Solana is still on a down trend, so any possible Long senerio is just for the short time .
As I wrote days ago, nothing changes from my bias.As long as 19000 holds I will still be expecting BTC to take out EQH of 20500 on 4hr &1hr timeframe and the Daily FVG of around 21500 or possibly 22000. Possible Long entry 18600; reason: unmitigated OB around that price range.
I would rather look for long than short on BNB.i was not able to cought BNB short. I was stopped out. My idea was to counter trade the trend, to at least take my short to a discount zone. The price action we see today was influenced by the announcement that the Binance chain has been exploited, which we as technical analyst know where the price will probably...
I will stay out of the market for. Price has already hit my target of 20500 taken out the buy side liquidity that is resting above our old high. We may probably see a retracement to our FVG around 19600, which I am not sure of due the fact that October is known for being a bullish month for BTC. therefore, there is a high probability that BTC will go up to fill...
I will be looking at reversal signal around 20200 Right on my fair value gap.
My daily Bias is bearish but I am still expecting price to go above 19400 to 19600 for liquidity swipe. My entry is not based or order block. I employed ICT Fair Value Gap(FVG) as my entry point.