1. Liquidity Pools:
Above $110k: This zone acts as a clear liquidity pool where smart money could hunt stop-losses placed by early short sellers.
Below $85k and $50k-$30k: These levels are likely liquidity pools where smart money might target the stops of long traders before a true reversal.
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2. Order Blocks:
Bearish Order Block: Near $107k-$109k, where price last created a strong move down, represents an area where institutional orders likely remain. If price revisits this zone, expect a strong reaction.
Bullish Order Block: Around
25K-$30k, formed during the last bullish rally, could act as a significant demand zone during the projected drop.---
3. Fair Value Gaps (FVG):
FVG near $105k-$110k: Price might return to fill this imbalance before continuing its downward move.
Another potential FVG near $80k: Expect price to revisit and fill this imbalance before reaching lower levels like $50k or $30k.
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4. Market Structure Shift (MSS):
The current breakdown below the previous high (around $110k) signals a bearish market structure shift, confirming your short bias.
Look for a Breaker Block near $109k if price retests this level before continuing downward.
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ICT-Based Prediction:
Short-term: Price might push up to fill the FVG around $105k-$110k (liquidity grab) before continuing downward.
Mid-term: A drop to $80k is highly probable, targeting liquidity pools.
Long-term: Expect smart money to seek liquidity around $50k and possibly
25K before accumulating for another bullish run.
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.