$TST - This is not a down phase!! Just a retesting 🥵
- Price going down but the volume is getting weaker and weaker
- Open Interest is decreasing sharply.
- Longside is still dominate the Long/Short ratio.
All those reasons are why I said that this is not a markdown phase, $TST is just retesting the liquidation. Cause when the price goes down but volume does not support its momentum by getting weaker, the price will supposed to reverse soon.
The sharp decrease in number of open interest is also futher strengthens my point of view above. And as we can see clearly that the Buyside or Longside still keeps its dominant position, making it more certain.
So, what we can do now is waiting for the reverse, dont be rushed. Good thing takes time guys🥵
#meme #TST
- Price going down but the volume is getting weaker and weaker
- Open Interest is decreasing sharply.
- Longside is still dominate the Long/Short ratio.
All those reasons are why I said that this is not a markdown phase, $TST is just retesting the liquidation. Cause when the price goes down but volume does not support its momentum by getting weaker, the price will supposed to reverse soon.
The sharp decrease in number of open interest is also futher strengthens my point of view above. And as we can see clearly that the Buyside or Longside still keeps its dominant position, making it more certain.
So, what we can do now is waiting for the reverse, dont be rushed. Good thing takes time guys🥵
#meme #TST
