DKnght21

BTCUSD pooling orders near bottom

Corto
BITSTAMP:BTCUSD   Bitcoin
Looking back to the start of BTCUSD to present, we can see that a large pool of sell orders are stacking up at the bottom of it current range and a large amount of sell orders between current price and 30000. There will have to be a huge in flux of buy orders to get BTCUSD moving up again reaching the 30k or higher price. With such a stack of sell order I believe it will be difficult for any significant move up. Currently it is stuck in consolidation but I am currently see BTCUSD sliding down and creating new lows before reaching 30K again.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.