GraphReadingExercise
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$TAO
#LawOfSupplyAndDemand
#DephtTool
#GraphReadingExercise
#PricePrediction
#Learn
Did you know that you can deduce the answer to your question yourself from the attached graph showing the depth that illustrates the relative strengths of supply (in red) and demand (in green)?
Do you see this green mountain on the left?
It means that the lower the price, the more liquidity will enter.
By doing so and since the resistance of supply (in red, on the right) is relatively weaker, we are sure that the reversal will be relatively rapid.
We can even predict (more or less because some liquidity inflows or outflows are not declared in these orders) at what price this reversal will take place.
Could you read it on your depth chart? It's opposite (or a little higher in truth) the first red plateau.
I would be happy to know your conclusion please.
To help you, keep your finger pressed for a long time to make the coordinates appear on the screen.
Out of curiosity and to learn the value of an asset at a given time, then analyze the depth of $TRUMP .
Do you understand better now why some assets rise quickly while others stay low much longer?
Happy (safe) investing to you, 🤝
#LawOfSupplyAndDemand
#DephtTool
#GraphReadingExercise
#PricePrediction
#Learn
Did you know that you can deduce the answer to your question yourself from the attached graph showing the depth that illustrates the relative strengths of supply (in red) and demand (in green)?
Do you see this green mountain on the left?
It means that the lower the price, the more liquidity will enter.
By doing so and since the resistance of supply (in red, on the right) is relatively weaker, we are sure that the reversal will be relatively rapid.
We can even predict (more or less because some liquidity inflows or outflows are not declared in these orders) at what price this reversal will take place.
Could you read it on your depth chart? It's opposite (or a little higher in truth) the first red plateau.
I would be happy to know your conclusion please.
To help you, keep your finger pressed for a long time to make the coordinates appear on the screen.
Out of curiosity and to learn the value of an asset at a given time, then analyze the depth of $TRUMP .
Do you understand better now why some assets rise quickly while others stay low much longer?
Happy (safe) investing to you, 🤝
Will it go back up or is the fall about to continue?
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