Volumes have not increased since the bull trap. This means that the bulls have not yet liquidated and the price can go lower.
When the price falls to the trend line, the volume also did not increase, which shows the lack of interest from the buyer and additional bad signal.
📊Which scenario is more likely?
A slight rise in price to the second value zone of $0.65-0.67 and a second bull trap, this time with increased volumes, which will show a large number of trades in this zone. This will give additional confirmation that the price is not going to move higher: short traders sell their TWT to long traders and the price goes down, while long traders become fuel for the fall, selling the altcoin lower and lower.
📊Targets:
1. $0.55 - key level.
2. $0.45 - key level below which a lot of liquidity for big players to open their long trades. This is the area of massive liquidation and retail traders capitulation zone.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
When the price falls to the trend line, the volume also did not increase, which shows the lack of interest from the buyer and additional bad signal.
📊Which scenario is more likely?
A slight rise in price to the second value zone of $0.65-0.67 and a second bull trap, this time with increased volumes, which will show a large number of trades in this zone. This will give additional confirmation that the price is not going to move higher: short traders sell their TWT to long traders and the price goes down, while long traders become fuel for the fall, selling the altcoin lower and lower.
📊Targets:
1. $0.55 - key level.
2. $0.45 - key level below which a lot of liquidity for big players to open their long trades. This is the area of massive liquidation and retail traders capitulation zone.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Get access to the Private Club for FREE with VIP signals—plus +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
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.
Get access to the Private Club for FREE with VIP signals—plus +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
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.