Bitcoin Liquidity Dries Up! What Next?
We're seeing liquidity dry up!
Not a lot of traders are trading (as we're in a range).
Demand Side:
We've Good Support at 20-23K$ Levels (Strong Demand).
On Supply Side:
We've heavy resistance at 35K-38K$ Range (Which is hard to break with current momentum).
As you can Clearly See "RSI" - Momentum being weak
In The Chart Shared Above.
I'm not expecting an Impulsive move to the upside in the coming week.
I'm Actively Waiting for Impulsive Move & Retest to build positions (mostly on the short side) - Remember Grey Scale BTC Release?
Let me know what you guys are doing?
Not a lot of traders are trading (as we're in a range).
Demand Side:
We've Good Support at 20-23K$ Levels (Strong Demand).
On Supply Side:
We've heavy resistance at 35K-38K$ Range (Which is hard to break with current momentum).
As you can Clearly See "RSI" - Momentum being weak
In The Chart Shared Above.
I'm not expecting an Impulsive move to the upside in the coming week.
I'm Actively Waiting for Impulsive Move & Retest to build positions (mostly on the short side) - Remember Grey Scale BTC Release?
Let me know what you guys are doing?
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.