Good evening all
Attached below are the liquidation zones from the hyblock.
Looking at the 12Hr..Something has caught my attention. The open interest profile
is showing a large commitment of traders around the 17450 zone…
Now the 12HR chart looks to be controlled…Notice how you have clear definitive liquidation zones all around and under the 18k region. It looks algorithmic…Like a set up.
Look at the Bitmex chart, this is the concentration of orders where traders are using leverage to open trades…Again, look at how the orders are all in one space towards the top side of this move.
Notice the chart below labeled the Liquidation Ratio…
Its too wide..There is no clear compression of orders in one zone…
Volume is light across the board…
These are my thoughts and assumptions…
Mad Love
T
