Who trades $XRP this is worth reading. Good explanation on the zones 💬
Post
Dashevsk1y
·
--
What is IMBALANCE? I will explain with the example of XRP
$XRP
🔍 What is an imbalance zone?
Let's go 👇
Imbalance is an area on the chart where the price moved too quickly and without a pullback. Simply put, the market did not have time to 'digest' the movement, and there may be unfilled limit orders left there.
Such zones are often revisited for testing because:
🔍 What is an imbalance zone?
Let's go 👇
Imbalance is an area on the chart where the price moved too quickly and without a pullback. Simply put, the market did not have time to 'digest' the movement, and there may be unfilled limit orders left there.
Such zones are often revisited for testing because: