BTC/USDT Spot CVD Chart Analysis: Order Book Signals
- Volume Heatmap Insights: The Volume Heatmap for the BTC/USDT spot pair indicates that brighter areas represent concentrated trading activity, which may form future support or resistance, aiding traders in identifying key price levels for optimized trading decisions.
- Cumulative Volume Delta: The CVD indicator illustrates buy and sell orders through colored lines representing different order sizes, with the yellow line tracking orders between $100 and $1,000, while the brown line monitors institutional orders between $1 million and $10 million, reflecting the buying pressure from market participants.
- Market Participant Analysis: By analyzing the CVD alongside the Volume Heatmap, traders can discern whether buying or selling pressure is concentrated among retail or large-scale participants, thereby enhancing the accuracy of market sentiment assessments and trading strategies.
- Technical Analysis Tool: The Spot CVD chart as of June 11 provides traders with a detailed snapshot of order book activity, enabling the identification of key liquidity zones and the assessment of buying or selling pressure strength, thereby improving the reliability of technical analysis.
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Technical Analysis for ORDER
Technical Sentiment Analysis for Orderly Network (ORDER). As of , Orderly Network (ORDER) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ORDER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ORDER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Orderly Network (ORDER) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0294 | 0.0325 | 0.0358 | 0.0389 | 0.0421 | 0.0452 | 0.0485 |
| Fibonacci | 0.0325 | 0.0349 | 0.0364 | 0.0389 | 0.0413 | 0.0428 | 0.0452 |
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