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Wednesday, February 7, 2024

February 07, 2024 at 04:40AM #1000SHIBUSDT dominance of sellers!

#1000SHIBUSDT dominance of sellers!


1h TF. The instrument has formed a local downtrend with impulsive bearish candlesticks, indicating the predominance of sellers in this case. And the local level of support is confirmed by a lot of touches, indicating the accumulation of unrealized liquidity that participants are striving for.

As an input signal, I expect to see a smooth approach with trading near the level, an increase in activity and volumes before the breakdown.

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