I'm trying to understand how to properly interpret and use the
BTC liquidation map. I've heard it's a valuable tool for traders, but I'm not sure how to read it or apply it to my trading decisions.
6 answers
Bianca
Sat Dec 28 2024
By examining zones characterized by high liquidity, you can ascertain levels where Bitcoin's price is prone to revisit.
ShintoMystical
Sat Dec 28 2024
Such liquidity-rich areas serve as crucial markers for identifying support points.
Eleonora
Sat Dec 28 2024
They also help in determining resistance levels, offering valuable insights into where the price might face hurdles.
KimonoGlitter
Sat Dec 28 2024
The heatmaps presented here reveal potential regions where significant liquidation events may unfold.
TaegeukChampionCourageousHeartWarrior
Sat Dec 28 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures, and wallets.