$ETH


💡 Smart Money & Price Action:

- A bearish FVG area is visible just above the current price, opening opportunities for rejection reactions if the price rises toward 3145-3150.
- A major downtrend structure followed by consolidation below resistance indicates a possible liquidity grab before the price truly chooses a direction.
- If manipulation occurs (for example, a slight false breakout above 3145 followed by a strong rejection), this area is ideal for looking for short opportunities.

🚦 Trading Opportunities & Entry Methods:

- For a short setup: Wait for the price to approach 3145-3150, observe candlestick reactions in this area, such as a pin bar or bearish engulfing on a smaller timeframe (e.g., 5 minutes). Additional confirmation if RSI begins to decline and selling volume increases.
- Enter short around 3145-3150 after confirmation, with the main targets at 3086 and then 3043. Place stop loss above the nearest minor swing high after rejection confirmation.
- For a long setup: The best scenario is if a downward manipulation occurs below 3043 (sweeping liquidity/false breakdown), then the price closes back above 3043 and a bullish reversal appears (e.g., bullish engulfing or pin bar on m15/m30). Enter after confirmation, targeting 3145.
- Do not enter without a clear reversal pattern confirmation to avoid fakeout traps.
ETH-1,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)