BTC/USD
📌 We will be watching these outlined liquidity pools for #Bitcoin to take #Long #Short positions. Key levels to observe reaction of price at.
⚠️What is a liquidity pool?
Liquidity pools are often demand/supply zones, where majority of retail traders are positioning their stoplosses, or breakout traders enter the instrument anticipating further priceaction development in the same direction. This way they provide liquidity for the big players who have their orders positioned in those areas. They need liquidity to fill their orders and by forcing smaller traders out of their positions they ensure getting the liquidity required for filling their scaled orders.
https://www.tradingview.com/x/4qMRIBVs/
📌 We will be watching these outlined liquidity pools for #Bitcoin to take #Long #Short positions. Key levels to observe reaction of price at.
⚠️What is a liquidity pool?
Liquidity pools are often demand/supply zones, where majority of retail traders are positioning their stoplosses, or breakout traders enter the instrument anticipating further priceaction development in the same direction. This way they provide liquidity for the big players who have their orders positioned in those areas. They need liquidity to fill their orders and by forcing smaller traders out of their positions they ensure getting the liquidity required for filling their scaled orders.
https://www.tradingview.com/x/4qMRIBVs/
#Bitcoin #TATIP
Still #short on $Bitcoin, expecting local lows to be swept anytime soon.
https://www.tradingview.com/x/ywpg2L7p/
Still #short on $Bitcoin, expecting local lows to be swept anytime soon.
https://www.tradingview.com/x/ywpg2L7p/