📊 How to Use the Liquidity Heat Map on CoinGlass 🔥
If you want to improve your analyses in cryptocurrency trading, the Liquidity Heat Map from CoinGlass can be your best ally. Here we teach you how to interpret it and leverage it in your strategy:
✅ Identify key zones: Warm colors (red, orange) indicate a strong concentration of orders, suggesting support and resistance. Cool colors (blue, purple) represent lower activity 📈
🔎 Anticipate movements: If you see a large accumulation of orders at a price level, the price may head there. This can help you place strategic buy/sell orders 🔥
⚡ Recommendations:
📌 Do not base your decision solely on the heat map; combine it with other technical indicators.
📌 Consider macroeconomic events that may affect liquidity.
📌 Monitor real-time changes to adjust your strategy.
💰 Master liquidity analysis and improve your trades on CoinGlass! 🚀💸