CUDISUSDT.P: short setup from daily support at 0.07366
The situation here looks quite obvious: the 
CUDISUSDT.P is being slammed down hard.
There was an attempt to buy the dip, which led to a strong rally, but that rally was completely engulfed.
Now the price is once again near its all-time low. The fact that the decline continued after the failed rally clearly indicates a complete absence of buyers.
Key factors for this scenario
Was this analysis helpful? Leave your thoughts in the comments and follow to see more.
CUDISUSDT.P is being slammed down hard.There was an attempt to buy the dip, which led to a strong rally, but that rally was completely engulfed.
Now the price is once again near its all-time low. The fact that the decline continued after the failed rally clearly indicates a complete absence of buyers.
Key factors for this scenario
- Global & local trend alignment
- Price void / low liquidity zone beyond level
- Liquidity grab (false move against the trend)
- Volatility contraction on approach
- Momentum stall at the level
Was this analysis helpful? Leave your thoughts in the comments and follow to see more.
Dagangan ditutup: sasaran tercapai
The minimum 5-to-1 risk/reward ratio has been achieved.
Trading facts, not expectations.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Trading facts, not expectations.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.