BTCUSDT
IMPORTANT: PLEASE READ THE DESCRIPTION!
I’ve quickly analyzed Bitcoin on the 15-minute timeframe. Right now, we are in a range following a liquidity sweep on the sell side. A markup in the asset is underway, and it's expected that the price will move to close the buy-side liquidity, stopping out many traders who think a trend reversal has occurred. The asset is likely to continue its decline from the OTE (Optimal Trade Entry) level, or it may ignore this level due to the liquidity pool above it, and only then reverse for a drop.
I’ve quickly analyzed Bitcoin on the 15-minute timeframe. Right now, we are in a range following a liquidity sweep on the sell side. A markup in the asset is underway, and it's expected that the price will move to close the buy-side liquidity, stopping out many traders who think a trend reversal has occurred. The asset is likely to continue its decline from the OTE (Optimal Trade Entry) level, or it may ignore this level due to the liquidity pool above it, and only then reverse for a drop.
Note
Entry price for a short: 60,000–61,000
Take profit: 58,000–57,240
Please note, this is just a recommendation, not an invitation to open a trade 😊.
Transaction en cours
close 50%Trade fermée: cible de profit atteinte
"I am closing the position with a profit as a trend reversal may occur soon.Note
"I averaged down on the trade and considered sharing this idea, but I didn’t want to put you at risk. However, it's still possible to re-enter in the premium price zone."
Note
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.