Watching for a double top
COINBASE
Sell volume from 58k on coinbase could be taking profit or closing position from 30k.
BINANCE
I'm wondering if we didn't see the same volume due to leveraged positions
If price breaks 58k I will be watching for push up into sells
Perhaps a push to liquidate early high leverage shorts
Also looking for invalidation of the double top
COINBASE
Sell volume from 58k on coinbase could be taking profit or closing position from 30k.
BINANCE
I'm wondering if we didn't see the same volume due to leveraged positions
If price breaks 58k I will be watching for push up into sells
Perhaps a push to liquidate early high leverage shorts
Also looking for invalidation of the double top
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