Bitcoin / TetherUSShort
BTC/USDT 1H: Liquidity Grab Complete – Bears Targeting $94.8K!
BTC/USDT 1H Chart Analysis
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Market Condition:
Trade Setup (Confidence 8/10):
Market Maker Analysis:
Recommendation:
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📉 Follow me on TradingView if you respect our charts! 🚀Daily charts!
Market Condition:
- Price: $97,624, showing bearish momentum after breaking key support.
- RSI: Bearish divergence led to this drop.
- Market Makers Strategy: Engineered liquidity grab at 105K before pushing price down.
- Currently Testing Discount Zone, which may act as temporary support.
Trade Setup (Confidence 8/10):
- Wait for retest of 100K (previous support turned resistance).
- Short Entry: $99,800 - $100,200 zone.
- Targets:
- T1: $96,500.
- T2: $94,800.
- Stop Loss: $101,500 (above recent swing high).
- Risk Score: 7/10 (favorable risk-reward setup).
Market Maker Analysis:
- Liquidity grab engineered below recent lows.
- Expect choppy price action between
97K - 100K before the next big move. - Possible bear trap if price quickly reclaims 100K—watch for reversal signals.
Recommendation:
- Short positions favorable in the $99,800 - $100,200 range.
- Watch price reaction at 100K—if bulls reclaim, avoid overexposure to shorts.
- Manage risk properly as high volatility is expected.
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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.