ESTIMACION ORDER FLOW TEMPORARY FRAME 1 DAY, 4 HOURS BNB COIN
Greetings Retail Investor, we will give an estimate strictly from the perspective of the ORDER FLOW.
If we review the CVD (CUMULATIVE DELTA) in 60 periods, we notice
That this does not accompany the trend in lesser proportion to the rise in the price, showing a depletion in the upper part showing a possible change in trend.
After reviewing the Order Flow Data, we can deduce that in the OP (Main Operator we assume Binance) it has dedicated itself to sell all its contracts as retails and other operators have entered to buy, this is more noticeable after the last ascent until USD 34,873, interpreting the data that is placing all your "Sell Limit" orders.
The volume profile shows areas above USD 31,281 up to USD 31,814, which are very weak in purchases, outside the value area, which would not reinforce a rise in the price.
I hope this estimate can help and complement your operation, remember that these are only estimates and the OP (main operator BINANCE EXCHANGE) could change its intentions abruptly).
Consider the following resistances as profit taking USD 32,142, USD 33,373 which was determined using the ORDER FLOW tool.
Comment, support me with your like and follow me on the channel where everyone uploads their videos, there you will find links that can help you change your operations.
I know that in Binance there is no short, but because it is a probable decrease in the price I put it that way.
If we review the CVD (CUMULATIVE DELTA) in 60 periods, we notice
That this does not accompany the trend in lesser proportion to the rise in the price, showing a depletion in the upper part showing a possible change in trend.
After reviewing the Order Flow Data, we can deduce that in the OP (Main Operator we assume Binance) it has dedicated itself to sell all its contracts as retails and other operators have entered to buy, this is more noticeable after the last ascent until USD 34,873, interpreting the data that is placing all your "Sell Limit" orders.
The volume profile shows areas above USD 31,281 up to USD 31,814, which are very weak in purchases, outside the value area, which would not reinforce a rise in the price.
I hope this estimate can help and complement your operation, remember that these are only estimates and the OP (main operator BINANCE EXCHANGE) could change its intentions abruptly).
Consider the following resistances as profit taking USD 32,142, USD 33,373 which was determined using the ORDER FLOW tool.
Comment, support me with your like and follow me on the channel where everyone uploads their videos, there you will find links that can help you change your operations.
I know that in Binance there is no short, but because it is a probable decrease in the price I put it that way.