SMC King Adnan
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SMC King Adnan
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ETH 1H Chart Analysis - Bearish SMC Structure
1. CHoCH (Change of Character): Market changed its character from bullish to bearish at 2700 (yellow line).
2. FVG Zones:
- Bearish FVG at 2710 - 2722 (Red Zone)
- Another FVG at 2683 - 2708 (Grey Zone), price tested it and came down.
3. Current Price Action:
Price is currently at 2,669. The last support is at 2,651 (blue line). If 2651 breaks, next target is 2600 directly.
For bullish move, price needs to close above the Red FVG at 2710. Until then, long is risky.
Resistance: 2678 - 2680
Major Resistance: 2710
Support: 2651
ETH 1H Chart Analysis - Bearish SMC Structure
1. CHoCH (Change of Character): Market changed its character from bullish to bearish at 2700 (yellow line).
2. FVG Zones:
- Bearish FVG at 2710 - 2722 (Red Zone)
- Another FVG at 2683 - 2708 (Grey Zone), price tested it and came down.
3. Current Price Action:
Price is currently at 2,669. The last support is at 2,651 (blue line). If 2651 breaks, next target is 2600 directly.
For bullish move, price needs to close above the Red FVG at 2710. Until then, long is risky.
Resistance: 2678 - 2680
Major Resistance: 2710
Support: 2651
1. CHoCH (Change of Character): Market changed its character from bullish to bearish at 2700 (yellow line).
2. FVG Zones:
- Bearish FVG at 2710 - 2722 (Red Zone)
- Another FVG at 2683 - 2708 (Grey Zone), price tested it and came down.
3. Current Price Action:
Price is currently at 2,669. The last support is at 2,651 (blue line). If 2651 breaks, next target is 2600 directly.
For bullish move, price needs to close above the Red FVG at 2710. Until then, long is risky.
Resistance: 2678 - 2680
Major Resistance: 2710
Support: 2651
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📉 BTC DUMP & PUMP ALERT!
Bitcoin dropped from $84,500 to $82,900 but now bouncing back from FVG zone at $83,512 🔥
CHoCH confirmed on 15m chart - Smart Money is buying!
Do you think BTC will go back to $84k today?
#Bitcoin #BTC #CryptoTrading #SMCSetup
📉 BTC DUMP & PUMP ALERT!
Bitcoin dropped from $84,500 to $82,900 but now bouncing back from FVG zone at $83,512 🔥
CHoCH confirmed on 15m chart - Smart Money is buying!
Do you think BTC will go back to $84k today?
#Bitcoin #BTC #CryptoTrading #SMCSetup
Bitcoin dropped from $84,500 to $82,900 but now bouncing back from FVG zone at $83,512 🔥
CHoCH confirmed on 15m chart - Smart Money is buying!
Do you think BTC will go back to $84k today?
#Bitcoin #BTC #CryptoTrading #SMCSetup
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