Bitcoin / TetherUSShort
BTC Update - 25.01.2024 / Short setup
4 hour chart:
I am observing the complete nucleation of a downside oof through liquidity withdrawal, rebalancing into FVG zones and internal liquidity withdrawal!
POIs from which to consider continuing shorts on bitokin:
1. From current (High risk but technical factors are all respected, there is rebalancing into 0.5 moves and daily imbalance with ind withdrawal)
2- Imbalance (43927.7 - 45460.2): More justified entry, but not completely sure if price is rebalancing into this POI.
From targets all compression from the lows (37468 - 33224) and monthly FVG as FTA (34076 - 27480)
Still observing patterns to enter, local accumulation phase in the market today!
❗️ Not financial advice, always think with your head
I am observing the complete nucleation of a downside oof through liquidity withdrawal, rebalancing into FVG zones and internal liquidity withdrawal!
POIs from which to consider continuing shorts on bitokin:
1. From current (High risk but technical factors are all respected, there is rebalancing into 0.5 moves and daily imbalance with ind withdrawal)
2- Imbalance (43927.7 - 45460.2): More justified entry, but not completely sure if price is rebalancing into this POI.
From targets all compression from the lows (37468 - 33224) and monthly FVG as FTA (34076 - 27480)
Still observing patterns to enter, local accumulation phase in the market today!
❗️ Not financial advice, always think with your head
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.