Rave RSI shows the pair is overbought time to short.
Chart 1 โ RAVE/USDT (5M | Binance) Current Price: ~$13.04 (+62.26% session gain) ๐ Setup Breakdown Bias: Bearish reversal after a massive 62%+ pump Structure: Clear Break of Structure (BoS) and Change of Character (CHoCH) visible โ price swept highs and is now distributing Position shown: SHORT (โ9,599,213.809 contracts) with two TP levels visible: TP1 near $13.12 โ +$4.5M USD TP2 near $7.60 โ +$56.7M USD SL set above the swing high (~$14.61) ๐ Fibonacci Levels (from swing high) Level Price 0.236 ~$13.80 0.382 ~$13.20 0.5 ~$12.50 โ key magnet 0.618 ~$12.00 0.786 ~$11.50 1.13โ1.41 $8.50โ$9.50 โ ๏ธ Key Observations Volume is Very High on both 4H and 24H โ confirms manipulation/distribution The I-BoS (Internal Break of Structure) at ~$13.58 already confirmed Price is likely targeting the 0.5โ0.618 fib zone as first major support Chart 2 โ BTC/USDT (5M | Binance) Current Price: ~$71,687 (+1.40%) ๐ Setup Breakdown Bias: Bearish after a sharp pump to ~$72,400+ Structure: Sell signal triggered at $71,929 after price failed to hold above the I-BoS zone Position shown: SHORT (โ98.3639 BTC) with two TP levels: TP1 near $71,929 โ +$22,579 USD TP2 near $71,319 โ +$60,053 USD SL above swing high at $72,357 ๐ Fibonacci Levels Level Price 0.236 ~$72,000 0.382 ~$71,750 โ current area 0.5 ~$71,500 0.618 ~$71,319 0.786 ~$71,070 โ ๏ธ Key Observations 4H Volume is Very High but 24H is Low โ suggests this move is a short-term liquidity grab Price wicked above the green momentum candle cluster and rejected sharply The 0.618 fib (~$71,319) aligns perfectly with TP2 โ a high-confluence target ๐ง Combined Market Insight Factor RAVE/USDT BTC/USDT Timeframe 5M 5M Bias Bearish Bearish Entry Style Short after BoS Short after CHoCH Risk Level Very High (altcoin) Medium Fib Confluence Strong Strong Volume Signal Extreme pump = trap Liquidity grab Both setups share the same ICT/SMC logic โ liquidity sweeps above recent highs, structural breaks, and fib-based profit targets. The RAVE trade is significantly more aggressive given the 62%+ pump and altcoin volatility.
This is what happens when you buy the trendline + structure confirmation. $CLO /USDT just did a full send move ๐ Price is up +35% and the setup was visible before the pump. โ Why this long was valid ๐ 1) Trendline support respected Price was riding the diagonal support perfectly. ๐ 2) Structure shifted bullish We got a BOS Buy (Break of Structure) and momentum flipped. ๐ 3) Strong follow-through Once the BOS confirmed, CLO didnโt hesitate โ it exploded in a straight line. ๐ The key lesson Most people buy after the pump. Smart traders buy: โ at trendline support โ after BOS confirmation โ with defined risk
$ETH just gave the cleanest trendline trap. Everyone was watching the rising trendline like it was supportโฆ and ETH did what ETH does best: โก๏ธ It broke it and dumped hard. What happened on the chart? โ ETH was moving in an uptrend with a clean diagonal support โ Price came back to retest the trendline โ Instead of bouncingโฆ it broke + closed below โ Next candle = full sell-off