Banknifty ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
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Longshortcompetition
#Reason #BTCUSDTPERP #LIQUDITY #Accmulation distribution conceptHiii Every one .
Why this happen in Bitcoin ?
i am trying to explain .
we all know higher timeframe dominate all . i made observation .
concept Accmulation distibution , Liquidity , marketmaker chart
how does market maker works when price is droping whales or market maker are start buy because if they dont buy then how order exicuted means if some one is selling other is buying .if this not happen order doesnot exicuted this is basic logic .
btc now in down trend at this that time market maker made there buy position in the chart i highlighted by accmulation vol .
do u see how much squeezed the price by marketmaker at this zone 16 k to 17 k . . because they dont want price to go more lower from this . wright now they start selling or distribution by traping liquidation of short sellers . which cause price to go upward .
I observe same thing in 2019 price chart analysis
mar 9 saturday price queezed and then up and also breaked my white line monthly indicator line go back to see same .
let me know what u are thinking about this move by btc in comment below
Thank u