Ok guys, trying to find an approach to feed this information towards you in anticipation of being able to exploit price action.
Take SNXUSDT – Currently there is a vote underway on looking to limit the open interest. What does it mean specifically? Well the Open Interest in principle will be resetting. So can we expect volatiilty on this impact?
Take a look at the charts…1hr is currently testing the 50. W formation forming within the 15m time frame…
The voting ends on the 24th April…Could it be basing to form a break out? Or will this create a drop and failure at the 50?
Let me know If you like this format…
Mad Love
T
