BTCUSDT Technical Analysis
2025-01-30
Category: None

Sell Bias Explanation 

 
 Risky Entry Zone: 
 
 Observation:  Price entered the "RISKY ENTRY" zone.
 Explanation:  This area indicates a potential entry point for short trades. Traders should be cautious and ensure they have confirmation before entering, as it is labeled "risky."

 
 Resistance Zone: 
 
 Observation:  The chart highlights a "RESISTANCE ZONE."
 Explanation:  This area acts as a barrier for the price to move higher. The presence of a resistance zone suggests that the price may struggle to break above, creating an opportunity for sellers to step in

 
 Price Closed Below the Protected High: 
 
 Observation:  An annotation states, "PRICE CLOSED BELOW THE PROTECTED HIGH."
 Explanation:  This indicates that the price failed to break a critical high point, only sweeping and hunting stops suggesting a bearish sentiment. It reinforces the sell bias as buyers are unable to push the price higher.

 
 Liquidity Grab and Break of Structure (BOS): 
 
 Observation:  "Liquidity grabbed and BOS" is annotated on the chart.
 Explanation:  This means that liquidity was taken out, and a structural level was broken, indicating a shift in market sentiment towards the bearish side.

 
 Liquidity Grab and Break of Structure (BOS): 
 
 Observation:  "Liquidity grabbed and BOS" is annotated on the chart.
 Explanation:  This means that liquidity was taken out, and a structural level was broken, indicating a shift in market sentiment towards the bearish side.

 
 Confirmation Entry Zone: 
 
 Observation:  The chart highlights a "confirmation entry zone."
 Explanation:  This area provides additional confirmation for entering short trades. Traders looking for a safer entry can consider entering here once the price confirms the bearish setup.

 
 P.R Area (Secure Position): 
 
Observation: "P.R AREA(Possible rejection area) = secure position" is marked on the chart. 
Explanation: This area suggests a point where traders can consider securing their positions, either by taking partial profits or tightening stop losses to minimize risk.

 Disclaimer 📢 
Remember, trading involves risk. Past successful setups do not guarantee future performance. Always conduct your own analysis and use proper risk management strategies.
