p3nchan

#analysis 29 - Technical Analysis with Data

BYBIT:BTCUSDT   BTCUSDT SPOT
Now the price reached the lq level, PWO and caused MSB. According to data, the OI reached a local high, so we can assume the big players are still holding their long position.

However, the L/S ratio is quite low, which is 0.74. Also, at the level of 21k, the liquidation was not much enough. Reaching 21.7k may be a possible scenario here.




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