In GMTUSDT, the red boxes represent key resistance zones. However, caution is essential as the price is currently in a strong bullish trend.
Key Highlights:
Red Boxes as Resistance: These zones are significant but require lower time frame confirmations for short entries.
Bullish Momentum: The price shows strength, aligning with my general long position target of 102k$.
Hedge Strategy: I will consider these levels for hedge shorts while maintaining a broader long bias.
Confirmation Indicators:
Before trading these zones, I recommend using tools such as CDV, liquidity heatmaps, volume profiles, and volume footprints for confirmation.
Learn My Techniques: Interested in mastering these advanced tools to refine your trading? DM me, and I'll teach you step by step!
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I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
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👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸