Sell walls this size can surely only mean one thing
Обновлено
Las time is saw sell walls this big in the ALTs it was at the end of the last bottom manipulation. The likes of BNB are being squeezed, BTC blocked.
- My current reading is that the price is being suppressed to ensure Futures targets are hit - see related idea from a few weeks ago.
Unfortunately I don't think the 'bear' market is over due to base product economics - e.g. cost.
For now I still think BTC is going to swing off the 5,800 target. Expecting to check 592X and then bounce. Alt we go deeper to create some pannic to allow the MM to buy and then up. I'm going to wait for confirmation before jumping right in.
I also don't believe in bears and bulls - it's the temple of doom and i'm Indiana Jones chasing Sankara stones but about to be squashed by a massive rolling ball.
- My current reading is that the price is being suppressed to ensure Futures targets are hit - see related idea from a few weeks ago.
Unfortunately I don't think the 'bear' market is over due to base product economics - e.g. cost.
For now I still think BTC is going to swing off the 5,800 target. Expecting to check 592X and then bounce. Alt we go deeper to create some pannic to allow the MM to buy and then up. I'm going to wait for confirmation before jumping right in.
I also don't believe in bears and bulls - it's the temple of doom and i'm Indiana Jones chasing Sankara stones but about to be squashed by a massive rolling ball.
Заметка
Money exiting ALTs into BTC buoying price - possible deep cut ahead.Заметка
Thinking this will break - next stop 4800 - ladder in from 5000Заметка
BNB buy wall just lured some folk in before dumping. Suggesting new lowЗаметка
Might bounce at 5500 but I'm thinking this is a false wall and expecting 5100. my buy in is set lowerЗаметка
Idea turned good - for now
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.