according pic we had 3 group of buyer and seller.
first group were exchanges( you read thief =why? because its one of their way on little market cap currency) they bought almost all of currency on 7-8 $ .
second group were professional trader , they saw what happened and they see the trend were change.
third group were novice trader that were ....
waves had unhealthy movement that exchange made it for 2resons
1- when they buy all of currency on 8 $ , if they sold 1/5 on 40 $ they can take main their money.
2- who take profit with liquidation ? just exchanges and 2 times waves was 3th rank of liquidation!!
i will add too :
when you want to take position ask for yourself 1- how much is the worth of this currency? 2-where we stay? 3-whats market cap and volume of currency?
** the only weapon for traders is MONEY MANAGEMENT **
be profitable.
first group were exchanges( you read thief =why? because its one of their way on little market cap currency) they bought almost all of currency on 7-8 $ .
second group were professional trader , they saw what happened and they see the trend were change.
third group were novice trader that were ....
waves had unhealthy movement that exchange made it for 2resons
1- when they buy all of currency on 8 $ , if they sold 1/5 on 40 $ they can take main their money.
2- who take profit with liquidation ? just exchanges and 2 times waves was 3th rank of liquidation!!
i will add too :
when you want to take position ask for yourself 1- how much is the worth of this currency? 2-where we stay? 3-whats market cap and volume of currency?
** the only weapon for traders is MONEY MANAGEMENT **
be profitable.
