BTC 15-minute chart
Was the sweep enough? The price fell to the $79,800 area, where liquidity from long positions had accumulated. It held up quite well there, then rebounded sharply to the current price.
An extension of the rebound would put the liquidity from short positions accumulated above previous highs in play.
As long as the price holds above current levels, the recovery remains intact.
👉 http://tradingdifferent.com/code/rRjTNc8u
#BTC #Bitcoin #Binance #Liquidity #MarketStructure #Liquidations
Was the sweep enough? The price fell to the $79,800 area, where liquidity from long positions had accumulated. It held up quite well there, then rebounded sharply to the current price.
An extension of the rebound would put the liquidity from short positions accumulated above previous highs in play.
As long as the price holds above current levels, the recovery remains intact.
👉 http://tradingdifferent.com/code/rRjTNc8u
#BTC #Bitcoin #Binance #Liquidity #MarketStructure #Liquidations
