symmetryfx

REPUSD Liquidity

Long
BITFINEX:REPUSD   None
There hasn't been this much volume within a Daily candlestick in some time. Liquidity seems to be returning to the market, that is the only thing stopping price from exploding higher. No retail trader or group of consumer buyers could influence price enough to create a 'bull run.' It is always institutional money leading and perhaps 'influencing' the surge. Banks and the whole range of Buy Side entities will want to have some exposure in the future. This market is in a speculative stage and has the characteristics.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.