See you in the octagon!
While everyone is bearish and scared of ww3 and BOJ, longs from this pivot level will print until at least 2860 resistance. Open interest shows us that this was major liqudation event and that all longs that accumulated and ran price to the 3500 are out of the game. Negative fundings shows us that shorts are pilling after that event (right now OI cant show us data because we need at least candles of data so funding is best for the current momentum of what is happening). Also fear and greed indicator is showing max fear. While 2130 is very important level as we pivoted few times from it, bouncing exactly from it means a lot and will probably give us a run to at least 2860 resistance, maybe even way more which I will update!
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.