Analyzing BTC Trends w/ FireCharts & CVD

Описание: Using FireCharts Order Book & Order Flow (CVD) Data to Identify BTC Trends

BTC has been chopping through this range for weeks. We'll use FireCharts order book data and order flow data (also known as CVD) to visualize what has been happening and try to draw some conclusions about what is driving BTC price action.

We'll start by taking a look at the CVD and analyzing our proprietary CVD binned by order class to get a better handle on what classes of orders have been dominating the order flow and why that differs from the class dominating the PA.

We'll also look at the FireCharts heatmap and see what impact institutions are having on price, and how more organic liquidity is impacting price.
--
Material Indicators LLC is not a financial advisor and does not provide financial advice of any kind. Nothing on any of Material Indicators’ websites, apps, indicators or channels should be considered trading advice. Trading is risky. Consult a licensed financial advisor, do your research and never risk more than you can afford to lose. Past performance does not guarantee future results.

IF YOU LIKE THE CONTENT, PLEASE COMMENT, LIKE AND SHARE.

Learn more about Material Indicators https://mi1.pw/mifire​

Compare products and pricing plans https://mi1.pw/liveplans​

We invite you to engage with our team and our global community of traders on Telegram https://mi1.pw/milivetg​. No moon bois, no shillers, just a place to share and gain insights about trading the market in real time.