CUDISUSDT.P: short setup from daily support at 0.07366

The situation here looks quite obvious: the 
CUDISUSDT.P is being slammed down hard.
There was an attempt to buy the dip, which led to a strong rally, but that rally was completely engulfed.
Now the price is once again near its all-time low. The fact that the decline continued after the failed rally clearly indicates a complete absence of buyers.
Key factors for this scenario
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There was an attempt to buy the dip, which led to a strong rally, but that rally was completely engulfed.
Now the price is once again near its all-time low. The fact that the decline continued after the failed rally clearly indicates a complete absence of buyers.
Key factors for this scenario
- Global & local trend alignment
- Price void / low liquidity zone beyond level
- Liquidity grab (false move against the trend)
- Volatility contraction on approach
- Momentum stall at the level
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Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
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Trading facts, not expectations.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.