๐$ARKM USDT URGENT UPDATE :๐
Observation:
๐ Look for $ARKM 's price forming a consolidation pattern. This means the price is moving sideways, not trending strongly up or down. ๐
Identify Liquidity Shadow:
๐ Within this #consolidation , observe if there's a shadow (a quick dip in price) that takes liquidity off the lows. This indicates that there's buying interest at lower levels. ๐ณ๏ธ๐ฐ
Reaction and Buyback:
๐After the liquidity shadow, watch for a reaction from buyers, pushing the price back up. This indicates that buyers are stepping in to support the price. ๐๐ช
4. Spot Liquidity Zone:
๐Above the upper boundary of the consolidation, look for a liquidity zone. This can appear as equal highs and imbalance, suggesting potential buying interest at higher levels. โฌ๏ธ๐ง
5. Timing Entry:
๐Wait for the penultimate (second to last) white candle to fill the imbalance in the liquidity zone. This candle indicates strong buying pressure. โณ๐ฏ๏ธ
6. Entry #Strategy :
๐Enter the trade with multiple orders, dividing your entry to manage risk. This means not putting all your funds into the trade at once. ๐ผ๐ฐ
7. Manage Risk:
๐Throughout the trade, prioritize upward movement, but always trade cautiously, observing risk management principles to protect your capital. ๐งโ ๏ธ
$ARKM