TF: D
Price action looks like it has sold off quite a bit over the last few months. I think if price wants to break lower here, a liquidity grab to the upside might occur prior to that happening.
Price action looks like it has sold off quite a bit over the last few months. I think if price wants to break lower here, a liquidity grab to the upside might occur prior to that happening.
Note
Looks like price fell below without grabbing liquidity. I will say the funding rates on SLP contracts is very negative (shorts pay longs) which makes me think a squeeze is coming soon.
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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.