Good afternoon to you everyone,
Due to the strange manipulative actions taking place in the markets, they are moving the price up to new highs, let's prepare price levels that need to be reached in order to confirm the movement in one of the directions.
From the side of the bulls there are orders in the zones 9300 and 9600, but due to the fact that the price is so overextended, bulls need to collect orders in more liquid price ranges. Market sentiment is at 55 on the fear / greed scale, suggesting us that there is confidence that the momentum of upcoming halving can push price above 10k.
Bears on the other side put their big orders at 10k and 10.2k. In order for them to push the price down, they need to turn on the aggressive mode and place orders lower, but at the moment the orders are standing still, signaling us about their passive mood.
If the levels are not broken then the day will be quiet
Have a nice day and big profits
Due to the strange manipulative actions taking place in the markets, they are moving the price up to new highs, let's prepare price levels that need to be reached in order to confirm the movement in one of the directions.
From the side of the bulls there are orders in the zones 9300 and 9600, but due to the fact that the price is so overextended, bulls need to collect orders in more liquid price ranges. Market sentiment is at 55 on the fear / greed scale, suggesting us that there is confidence that the momentum of upcoming halving can push price above 10k.
Bears on the other side put their big orders at 10k and 10.2k. In order for them to push the price down, they need to turn on the aggressive mode and place orders lower, but at the moment the orders are standing still, signaling us about their passive mood.
If the levels are not broken then the day will be quiet
Have a nice day and big profits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.