It hasn't even been 10 minutes since I made my post...
#bitcoin Are you kidding me? I don't understand. I wish I hadn't mentioned the underlying liquidity; why such aggressive reactions?
#bitcoin When the latest chart structure is examined, it is observed that there are two dense liquidity areas both on the lower and upper sides. The price appears to be compressed within these two zones.
The 94,000 level on the upper side stands as a strong resistance. If price manages to maintain acceptance above the upper red liquidity area, the target level comes into view at 98,115.
However, the fact that the liquidity marked in yellow in the lower region has not yet been cleared frankly creates a major question mark for me.
If the lower green area is lost, there is a risk of the price pulling back toward the 79,113 levels.
Since taking aggressive trades between these two liquidity areas carries high risk, patiently observing within the current structure would be a healthier approach.
#cryptotrading #Ethereum #altcoins #CryptoMarkets
The 94,000 level on the upper side stands as a strong resistance. If price manages to maintain acceptance above the upper red liquidity area, the target level comes into view at 98,115.
However, the fact that the liquidity marked in yellow in the lower region has not yet been cleared frankly creates a major question mark for me.
If the lower green area is lost, there is a risk of the price pulling back toward the 79,113 levels.
Since taking aggressive trades between these two liquidity areas carries high risk, patiently observing within the current structure would be a healthier approach.
#cryptotrading #Ethereum #altcoins #CryptoMarkets
ရှင်းလင်းချက်- ပြင်ပအဖွဲ့အစည်း၏ ထင်မြင်ယူဆချက်များ ပါဝင်သည်။ ဘဏ္ဍာရေးဆိုင်ရာ အကြံပေးခြင်း မဟုတ်ပါ။ စပွန်ဆာပေးထားသော အကြောင်းအရာများ ပါဝင်နိုင်ပါသည်။ See T&Cs.
BTC
86,885.26
+0.32%