129 days ago

Not sure what i have to think about this big amounts of buy walls on BITFINEX placed only few minutes ago...
Very very big abnormal buy wall..
Last time when we saw these walls we went from 40k to 69k..
But also remember one time when these walls just provided big liquidity for huge dump.
One thing is sure, volatility is increasing and big move is close.
I am just not sure about direction, because one time we have there bearish news, next time we have bullish ones... and after yesterdays price action i am rly not sure...
Technically we are still in a broadening wedge which i mentoined sooner in post above, break upside will be bullish break below 36300 can start huge cascade of liquidations.

Not sure what i have to think about this big amounts of buy walls on BITFINEX placed only few minutes ago...Very very big abnormal buy wall..Last time when we saw these walls we went from 40k to 69k..But also remember one time when these walls just provided big liquidity for huge dump.One thing is sure, volatility is increasing and big move is close.I am just not sure about direction, because one time we have there bearish news, next time we have bullish ones... and after yesterdays price action i am rly not sure...Technically we are still in a broadening wedge which i mentoined sooner in post above, break upside will be bullish break below 36300 can start huge cascade of liquidations.
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