#FET
2024.11.01
UTC:07:22
I showed you the active long/short liquidities on both daily and 4-hour charts.
Dark blue numbers, active short liquidities.
Dark green numbers, active long liquidities.
As long as it moves downwards within the green accumulation zone, its target will be the following active long liquidities.
The 1.282 level is very critical. The short position continues below this level.
Try to follow the upper and lower limits of the green accumulation zone.
If it passes downwards in the green zone it is in, its target will be the long liquidity at the 0.70 level, which is still active. Therefore, you need to focus on the 1.282 (resistance) levels above and 1.10 (support) levels below. Above or below these levels will give you a clear idea of the direction. It will set a trap with up-down movements. It would be beneficial to be careful.
***There is a problem with daily analyses; Since transactions are constantly open in a 24-hour time frame, unfortunately, an analysis made needs to be followed for a full trading day, but with the high volatility in the crypto market, many things change in a day in terms of negative/positive percentages. Therefore, it is very important to be able to enter transactions at the right levels in order to somehow stick to these levels. ***