ANTICRIPTOVENGANZA

ESTIMATION ORDER FLOW BITMEX 4 HOURS BITFINEX 1 HOUR

Long
BITMEX:XBT   Bitcoin
Hello Retail Investor

22:05 PM UTC, Monday, July 15, 2019

Here we will give an estimate strictly from the perspective of the "ORDER FLOW"

In a 4 hour time frame BITMEX XBT

The price had its breaking point or entry in USD 9841.5 approx, making a false break of the channel in which it is and an "excessive" distance from the average without being followed by its standard deviations, this monitored in real time, together with other tools related to the volume, and the Data of ORDER FLOW, gave us the exact entry point for the change of trend.

We are in a lateralized band between USD 12948.1 and USD 10191.2 (envelope of VWAP or its second standard deviations)
V.P.O.C = USD 11485.9 approx has a red negative delta which indicates a point where the most negotiated contracts or volume have converged, probably many operators and retails, wait in that area for the short price.

Interpreting the data of ORDER FLOW, we can deduce that the trend is "upward" and that the intentions of the OP (Main Operator) is to make the price rise, it is likely that at USD 11485.9, the price will fall slightly and then again resume its upward trend until reaching the area in the profile of the volume comprised between USD 11895-USD 12177.4 which is an area with a green positive Delta, which does not indicate that here the price can receive support for its next boost USD 12975.8 approx according to the profile of the volume.

The CVD or Delta Accumulated in 60 periods now accompanies the price trend and also.

Remember that "there is no upward formation" or "an upward movement formation", since the OP (Main Operator is operating intelligently), therefore it is advisable to operate with little leverage in Bitmex and in Unleveraged exchanges upwards without risk.

In a time frame of 1 hour BITFINEX / BTC

In the profile of the volume we see the whole area between USD 10853 to USD 11466.1 is a strong sales area with intense red delta, and in this last USD 11466.1 = VPOC which gives us indications that the Operators and Retails probably defend this zone in short, to then ascend in search of the pull of liquidity in the USD 11819 aprox

Consider the areas indicated in the graph for your take profit.

I hope this estimate can help you in your operation, remember that I operate with ORDER FLOW, VOLUMES SUPPORTS AND RESISTANCES and tell you that any questions, or if you want to change your operative, you can send it to me internally because the "moderators" Tyrannical has threatened to block my account by citing other links.


Comment, share thanks for taking your time reading this idea.




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.