Hello all,
I’d like to provide a visual representation of a method we can use to understand and predict stop hunts / liquidation moves on bitcoin - these mysterious and hard to capture phenomenon we all experience at seemingly random times.
Here I show blocks of orders - which I separate if we have a candle retracement overlapping the block. We can see this...
Background:
Aud/Usd Remains in a downtrend but we found support @0.75600 ish level and price found balance,
we formed a minor range between 0.7560 support and 0.7914 resistance , where price broke thru resistance
but price traded back into the broken resistance, however its not over for the bulls as the up channel is still intact
and if we find buyers we may...