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Malik Israr Ahmad
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#BTC next support is $63,361. NFA
#BTC
next support is $63,361.
NFA
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Bounce is coming! #BTC NFA
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Cryptocurrencies are in Demand zones! #BTC #ETH #DOGE #SHIB #DOT and many more NFA
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🔥WHAT IS LIQUIDITY? (LEVERAGE TRADIN)🔥 DEFINITION: DEFINITION: Liquidity, in the context of trading, refers to the ability to buy or sell an asset quickly and at a stable price. It measures the market's ability to absorb a trade without significantly affecting the asset's price ¹ ² ³ ⁴. Here are some key points to consider: 👉 High liquidity means that there are many buyers and sellers actively trading the asset 👉 Trades can be executed quickly and at a fair price in high liquidity markets 👉 The spread between the bid and ask prices is narrow in high liquidity markets 👉 Low liquidity, on the other hand, indicates fewer market participants are trading the asset 👉 In low liquidity markets, trades may take longer to execute and at a less favorable price 👉 The bid-ask spread is wider in low liquidity markets 👉 Liquidity affects the ease of entering and exiting trades 👉 It influences the price volatility of the asset 👉 It impacts the overall trading costs.
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🔥🔥SPINNING TOP CANDLESTICK PATTERNS🔥🔥 The Spinning Top candlestick pattern is a neutral pattern that indicates indecision in the market. It forms when the opening and closing prices are close to each other, with a small body, and a large range between the high and low prices. Here are some key points to consider: - The Spinning Top pattern indicates indecision and a balance between buyers and sellers. - The pattern has a small body, with a large range between the high and low prices. - The color of the body is not important, as the pattern is neutral. - The Spinning Top can appear in both uptrends and downtrends. - The pattern suggests that the market is indecisive and may be preparing for a reversal or continuation. - Traders often use the Spinning Top as a warning sign that the trend may be losing momentum. - The pattern is not a strong reversal signal on its own, but it can be used in combination with other technical indicators to confirm a reversal. The Spinning Top candlestick pattern looks like this: ``` _______ / \ | Small | _______/ | | | Long | | | ``` Note that the small body can be either bullish or bearish, and the pattern is still considered neutral.
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#BTC Update: In order to acquire liquidity whales plunged price to $64.5K. Liquidity for longs has been tackled! In order to create more fear whales can dump price to further two levels $67,729 and $66,243 indicated in blue lines. I strongly believe that price can bounce any time from or above two blue lines. NFA
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