Looking at the orderbook, the whales are trying to push the price down, taking advantage of low liquidity during holiday times, especially on coinbase
My latest video goes through each exchange to see where and how the price is being pushed around
What part of this orders are spoofing?
What part of this orders are waiting arbitrage orders and will disapear when price will get closer?
What part of this orders are just orders form marketmakers?
Don't you think that looking at this indicator gives you same information as traditional TA but is far more disturbed/blurred by false data?