Coin- #FLOKIUSDT
SIGNAL- SHORT!!
As we can see that FLOKIUSDT has already increased a lot. It has reached it's supply zone. It is the resistance of this price. Now it needs to cool down by meeting it's demand zone or OB. I have analyze this chart from Daily timeframe to 30min frame. We can also see that it is breaking the support of EMA RIBBON. So that means there will be a fall on this coin. And we also know that Bitcoin is bearish. A small bearish movement of Bitcoin can create a strong bearish movement on ALTS coin. MACD has already created SHORTS. That means it highly bearish. We can also see a strong bearish candle on volumes. The upper line of Bollinger bands is also curving towards down. So we can go short on this coin.
We can see that USD DOM is bullish meaning a bullish on Crypto currency. I have marked on this chart how will it work.
From liquidation heatmap we can see that the price is falling. Because the market makers needs to grab the liquidity to make money. So they will push the price to that direction to grab liquidity. We get another confirmation of market price falling. So we will go short on this coin.
SIGNAL-
ENTRY- 0.008592
TP- 0.008028