Get started
bitcalib

BTC to test lower MA and recover liquidity in ADR move down

Short
BTCUSDTPERP PERPETUAL MIX CONTRACT (BITGET:BTCUSDT.P)  
bitcalib  
BITGET:BTCUSDT.P   BTCUSDTPERP PERPETUAL MIX CONTRACT
Beyond Technical Analysis Trend Analysis Chart Patterns
2
0
beyondta trendanalysis chartpattern
BTC ADR is 439 pips. I'm inclined to think it will be down, since there are vector candles below representing liquidity. Price was also rejected from the 800 MA and may come down to hit the 50 and 200 EMAs while recovering liquidity. Price also appears to be in the first drop of 3 drop phase where price drops down and recovers 50% before dropping again. This could be the start of a longer downward trend lasting a few days and recovering liquidity down around 15.6k
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.