Price hit daily supply zone, buy side liquidity grabbed. Entry at m1 supply and target to sell side liquidity
Bearish divergences are shown on chart. this is just a bull trap
After consolidation, the price seems to have chosen a direction for it. However, what we feel uncertain is whether the structure is accumulation or redistribution. This is only confirmed when the price breakout or reject at UTAD. I am prefer accumulation because of high volume on most recent swing low. It seems to be a SPRING.
Please read my previous analysis on VETUSDT. After reach demand zone, price makes a good reaction and I expect that it will continue going up for short-term
BATUSDT is now in early phase of accumulation schematic. We can place some limit buy order now with a part of our fund and buy more if price drops lowers.
I am bullish on Bitcoin but in short-term, a correction may happen
As we can see price went up and left so much imbalance below. Market needs to make a correction or pullback to demand zone.
This project has good fundemental, is a part of web3 stack. Price is now near demand zone
In the previous analysis, I came up with an idea to sell. But at the moment, the price has not moved to the supply zone and may correct to the demand zone before falling. We can consider to take a small buy position.
VETUSDT may be in Re-accumulation schematic, this coin is still undervalue and good for long-term investment. I am buying here and accumulate more if it drops lower to demand zone.
XAUUSD breaks out inverted head and shoulder pattern as providing buy side liquidity to supply zone. We need to wait break of structure at supply zone to confirm sell signal
Price seems to process distribution schematic, we can sell now before UT event can happen
UJ Wyckoff distribution sell setup. Limit sell order should be placed at LPSY Zone
I am bullish on Bitcoin for short term. Target for this setup is around $48000
Bitcoin is now consolidating in ascending triangle. Target for this pattern is around $55k
BCHUSDT is now in accumulation phase. It seems to be bullish for long term if break above resistance line on weekly TF
If price breaks above resistance line, this is signal for alt season. So, keep an eye on this chart. We may have massive movement for alts in next month