Get started
bl4ckoffee

ETH SHORT SETUP OFF A RESISTANCE GAP/BLOCK

Short
Ethereum / TetherUS PERPETUAL CONTRACT (BINANCE:ETHUSDT.P)  
bl4ckoffee  
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Candlestick Analysis Multiple Time Frame Analysis Beyond Technical Analysis ETH ETHUSDT ictconcepts liquiditytrader cryptotrading cryptofutures ethshortsetup resistancezones
0
0
candlestick mtfa beyondta eth ethusdt ictconcepts liquiditytrader cryptotrading cryptofutures ethshortsetup resistancezones
Bias: Bearish

Plot:
Price retraced up and falls off a rejection block in HTF.
A liquidation buy side and strong rejection after.
A gap was created off behind an OB also from a previous OB that was violated.
Price returns under this old OB Area and turns into a resistance GAP/Block.
Entry behind OB right below GAP.
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.