BTCUSDT (Short bias) - Liquidity Zones Comparison

Short

Bitcoin / TetherUS (BINANCE:BTCUSDT)

Updated

BINANCE:BTCUSDT Bitcoin / TetherUS

Volume

volumestudies

I drew in the open liq zones, that are probably filled with MarketMakers positions. Long uptrend without major sell-offs, and 4 against 1 zones make clear that a down move is about to happen, so MMs can open longs for better prices, and close their shorts (red zones). I will keep an eye on the green target zone to place shorts with TPs in the red zones.

Comment:

Price moving in my desired direction to open shorts. Waiting..

Comment:

Opening first short. Small position. Sell more on the way up. Last Short @ 67500 max.

Trade active:

snapshot

Comment:

I'm smelling blood...

Comment:

snapshot

Comment:

First target reached. Waiting for further price action to analyse.

Comment:

Second target reached. Let's see if it hits the other two below as well..

Eat my shorts.

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