$BTC
The sellers are stacked at $85k...
There is a large number of limit orders around $85k.
Selling pressure in that region is high. If the price continues to create higher highs on the higher time frame, expect a bounce in this region before price rises again.
The number of buy limit orders is lower than the sell limit orders from the current price down to $80k, which shows that current sentiment favors the sellers.
The sellers are stacked at $85k...
There is a large number of limit orders around $85k.
Selling pressure in that region is high. If the price continues to create higher highs on the higher time frame, expect a bounce in this region before price rises again.
The number of buy limit orders is lower than the sell limit orders from the current price down to $80k, which shows that current sentiment favors the sellers.
