Im not gonna lie, this chz chart is very difficult to read, in which there is no wychoff distribution or developement patterned noticed. Price action looks bearish. Order books to fill between 12-14. Liquidations level are showing the money is up top for the market maker to go after. .1888 is a 3.52 million dollar liquidation. The newest liq levels opened today by shorts are .1756, .1771, .1791, all the way to 0.1839. Price also bounced off the anchored vwap. Also the 4 hr rsi is oversold. I been dcaing on the way down for the past few days for a long position. Which i was planning to sell around .22 for a market structure retest, but the liquation zone for now are saying sell between 18-19
Also chz has a nice fib retracment between the 786 and 85, which would be the last area of fib support of the previous high and low.
Also chz has a nice fib retracment between the 786 and 85, which would be the last area of fib support of the previous high and low.
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ibb.co/xGsXt1r liquidation levels
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New liquidity zone for CHZ imgur.com/a/EcljmTQ Hopefully that url works. As the other one didn't. The market maker on a war path wrecking longs and shorts. 2 days ago the liquidity was down below on BTC. But after this move this morning, the liquidity is sitting up top to go get the shorts positions. So hopefully a upward momentum soon
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