BTC/USDT - Liquidity Trap in Progress: The Smart Money's Favorit
๐จ Warning: This is not financial advice โ this is a post-mortem for early longs.
๐ BTC is consolidating at the exact Point of Control (~84.200 USDT) โ aka the zone of weak hands.
Tape shows consistent negative delta, falling Open Interest, and phantom volume.
๐ฏ Likely scenario in the next few hours:
Pump trap to 85.800 (liquidate aggressive shorts)
Reversal into oblivion down to 83.200 โ 81.500
๐ฃ Liquidity clusters are waiting at:
๐บ 86.000 โ 86.800: where retail longs dream of โbreakout seasonโ
๐ป 82.000 โ 81.500: where they go to rest in peace
โ๏ธ Pรดncio Setup (a.k.a. Institutional Homicide Strategy):
Short Entry: 85.5Kโ85.8K (on rejection + weak delta)
SL: 86.2K (just above stop cluster)
TP1: 83.2K (first blood)
TP2: 81.5K (massacre zone)
๐ฎ If we get a deep sweep into 82K and trap sellers with a reversal spike in OI + green delta... maybe, just maybe, a long from hell is viable.
๐ Chart below shows expected price trajectory.
Trade safe. Or at least, trade interesting.
๐ BTC is consolidating at the exact Point of Control (~84.200 USDT) โ aka the zone of weak hands.
Tape shows consistent negative delta, falling Open Interest, and phantom volume.
๐ฏ Likely scenario in the next few hours:
Pump trap to 85.800 (liquidate aggressive shorts)
Reversal into oblivion down to 83.200 โ 81.500
๐ฃ Liquidity clusters are waiting at:
๐บ 86.000 โ 86.800: where retail longs dream of โbreakout seasonโ
๐ป 82.000 โ 81.500: where they go to rest in peace
โ๏ธ Pรดncio Setup (a.k.a. Institutional Homicide Strategy):
Short Entry: 85.5Kโ85.8K (on rejection + weak delta)
SL: 86.2K (just above stop cluster)
TP1: 83.2K (first blood)
TP2: 81.5K (massacre zone)
๐ฎ If we get a deep sweep into 82K and trap sellers with a reversal spike in OI + green delta... maybe, just maybe, a long from hell is viable.
๐ Chart below shows expected price trajectory.
Trade safe. Or at least, trade interesting.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.