On #PYTHUSDT in the zone 0.8810-0.8880, we can expect shorting patterns with targets at 0.8365. After the retest of the POC zone of a more global impulse, the price converged to the upper boundary of the Volume Area and came to retest, which tells us about possible buyer weakness at the moment. With a retest (presence of patterns) of the marked POC of more global momentum, it may be better to close the position.
The information in this publication should not be taken as a call to invest or buy/sell assets on the exchange.
#crypto #PYTHUSDT #intraday #algotrading #RangeXV6_Scale5
The information in this publication should not be taken as a call to invest or buy/sell assets on the exchange.
#crypto #PYTHUSDT #intraday #algotrading #RangeXV6_Scale5
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Today, there have been excellent entry points for almost every coin in the game. Here is an example with #PYTHUSDT.
We spotted a pattern using the FootprintPatterns indicator during the test of the POC from the previous half-hour period. Then, we saw another pattern. The candle shadows indicated by the arrow test clusters with the highest volume in the strong seller candles. Any of these candles can be considered a signal followed by a strong impulse. Shortly after, we got another short signal after the short sellers' stop-losses were triggered.
Clusters often provide a clear understanding of the current market situation π
#intraday #crypto #PYTHUSDT
The information in this post should not be considered as an invitation to invest or buy/sell assets on the exchange.
We spotted a pattern using the FootprintPatterns indicator during the test of the POC from the previous half-hour period. Then, we saw another pattern. The candle shadows indicated by the arrow test clusters with the highest volume in the strong seller candles. Any of these candles can be considered a signal followed by a strong impulse. Shortly after, we got another short signal after the short sellers' stop-losses were triggered.
Clusters often provide a clear understanding of the current market situation π
#intraday #crypto #PYTHUSDT
The information in this post should not be considered as an invitation to invest or buy/sell assets on the exchange.
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