Logic behind this trade, liquidity swept in 1 day.. closed below liquidity , volume fading in bigger frame.. an early sign of distribution .. $ZKP #Binance #trending
buyers are trying hard to re-claim price, but didn't seems so powerful to survive the crash.. market already crashed and ma5 resistance is around $4652 what is the next possibility? it didn't seems like an sell-side liquidity grab because dump in 15 min candle is too harder.. most possible scenarios is from 4652 resistance price continue to downtrend after filling the fvg .. next support is around 4601 $XAU $DAM $PRL #trending #traders
disclaimer : we can only predict scenarios , and don't decide the price direction . so if trading then do with proper research
btc dumped after making high of 79.4k? here's is an simple explanation which can be understood even by an teenager 🤣
if we check 1 day candle then few days before btc made an high of 79.2k then started sideways.. now think 🤔 💬 like an institute. after making high retailers usually prepared for short position and sl where placed above 79.2k but even if some people bought btc on discounted price then usually thier take profit will be previous high.. that means 79.2k is an major volume stucked area.. so reacting on 79.4k is an simple market behaviour where distribution of take profit and stoplosses(liquidity) grabbed this is how levels, SMC, liquidity works...
{future}(BTCUSDT) in 1 hour, btc is protecting sellers, and continuously hunting buyers sl, according to phychology btc accumulating enough sellers to hunt them in once and move upward #BTC #smc comment your opinions.... probably we can see reversal in btc once the last buy-side stoploss is hunted $BSB #RedFlag {future}(BSBUSDT)
in 1 hour, btc is protecting sellers, and continuously hunting buyers sl, according to phychology btc accumulating enough sellers to hunt them in once and move upward #BTC #smc comment your opinions.... probably we can see reversal in btc once the last buy-side stoploss is hunted $BSB #RedFlag