According to BCH, a strong maximum has formed, a local trade is being formed above the level, behind which there are clusters of shortists waiting for the continuation of shorts after an impulse stabbing. Anyway, the price after the roll-in did not fall below 214, which still remains a long sign. Large limit orders are noticeable on the glass, pushing the price to continue longs — the dominance of demand over supply. Consolidation is taking place, which I expect to exit before updating the local maximum
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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.