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?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.