SNX|USDT Sellers Exhaustion 1H Timeframe

13 gen

It has a smooth liquidity on redistribution side and volume is raising time by time. If the price is stay in this area in next 4-5 hours then probably tomorrow we will see for long position not short.

https://www.tradingview.com/x/fT99pMyF/

14 gen

Nota

Wait for the building up the buy side liquidity once they are taken we see the reaction in this zone and making buy position.

15 gen

Nota

There is confusion because market left the bottom limit orders and move to upside. This is the level where we can see a reaction. On the other hand it would look like a accumulation phase where price must be visit to wipe out the buy limit orders.

16 gen

Trade chiuso: obiettivo raggiunto

Seems there is no selling interest from retail traders and price reached the target without any significant volume.