COIN- #ARBUSDT
SIGNAL- SHORT!!
As we can see that the price got rejected from the resistance with a goood amount of selling pressure. If we see on the RSI & MACD chart , we can see that RSI was over bought and curving downside to take the market down & MACD is opening short, both indicating bearish. And we all know that Bitcoin is bearish because it pumped last night creating Open trades & making liquidity downside. Now the market will fall making the ALTS coin going dump.
As we can see that the USDT dominance is pumping , so that means there will be a dump on the crypto market. I have analysis the USDT dominance chart & marked down below.
On the liquidation heatmap , we can see that the market is falling as a lot of liquidity is left down below. The market can rise a little bit high to create a lot of Long's & then it will go down to hit their SL or Liquidity price.
SIGNAL-
ENTRY-0.3740
TP- 0.3454