mika_r

supply demand levels

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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1
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Just trying to find supply and demand levels. I wonder how long levels stays valid. In my opinion as time progresses it makes sense for these levels to disappear or shift because the order books will most definitely have changed when more time has passed. If we are talking about psychological levels, these might be more resilient.
Mar 29
Comment: I only look at RSI when BTC is in a supply/demand zone. Right now, it looks oversold, maybe it can go a bit lower, below 30, but we might see a decent bounce here.
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