Short levels on chart - bottom of a bull market
On the bitcoin chart we could see early signs of a pattern forming since January, which is this inverted head and shoulders on the daily chart.
The reason why Bitcoin has never recovered the zones shown on the second image is to implant the chart with a liquidation trap.
**HERE IS HOW IT HAS BEEN ENGINEERED**
The market has left these zones below open for a reason.
In an open trade, there are stop loss orders which are orders waiting to execute in order to pull liquidity in and out of the chart.
The market has been accumulating and attracting short positions steadily for 22 days now, leaving short stop losses in the green box area.
The stop loss orders in short positions are buy orders, which would effectively buy back the positions in the sell trades. These orders would propel price up on Bitcoin.
The stop loss orders left intact on long positions shown in the red box areas are sell orders, selling back the bought positions and effectively drops the price on Bitcoin.
We can think of this as a series of explosives that are chained together.
First the market forces price up which is the only forced movement, until that first short stop loss level is hit. What follows is faster and faster momentum as that energy is collected and sent into the next level, creating a short squeeze scenario.
That wick would finish its preset movement tapping the neckline of that inverted head and shoulders perfectly at 34,400.
What follows from there is the same explosive chain reaction in reverse to the low level of 17,480.
As these stop loss levels are hit, more and more energy collects and accumulates momentum. This is how we can understand the engineered mechanics behind Bitcoins insane speed and liquidation moves.
The fascinating part of this is that the chart is already implanted with these orders, this explosive chain reaction is right there waiting to set off in a massive chain reaction that would move at extraordinary speed.
Since the chart has this energy implanted, we don’t have a reliance on retail traders at all. The retail traders would only amplify these moves by FOMO trading and adding to these already massive levels of energy in the stop loss orders.
On the bitcoin chart we could see early signs of a pattern forming since January, which is this inverted head and shoulders on the daily chart.
The reason why Bitcoin has never recovered the zones shown on the second image is to implant the chart with a liquidation trap.
**HERE IS HOW IT HAS BEEN ENGINEERED**
The market has left these zones below open for a reason.
In an open trade, there are stop loss orders which are orders waiting to execute in order to pull liquidity in and out of the chart.
The market has been accumulating and attracting short positions steadily for 22 days now, leaving short stop losses in the green box area.
The stop loss orders in short positions are buy orders, which would effectively buy back the positions in the sell trades. These orders would propel price up on Bitcoin.
The stop loss orders left intact on long positions shown in the red box areas are sell orders, selling back the bought positions and effectively drops the price on Bitcoin.
We can think of this as a series of explosives that are chained together.
First the market forces price up which is the only forced movement, until that first short stop loss level is hit. What follows is faster and faster momentum as that energy is collected and sent into the next level, creating a short squeeze scenario.
That wick would finish its preset movement tapping the neckline of that inverted head and shoulders perfectly at 34,400.
What follows from there is the same explosive chain reaction in reverse to the low level of 17,480.
As these stop loss levels are hit, more and more energy collects and accumulates momentum. This is how we can understand the engineered mechanics behind Bitcoins insane speed and liquidation moves.
The fascinating part of this is that the chart is already implanted with these orders, this explosive chain reaction is right there waiting to set off in a massive chain reaction that would move at extraordinary speed.
Since the chart has this energy implanted, we don’t have a reliance on retail traders at all. The retail traders would only amplify these moves by FOMO trading and adding to these already massive levels of energy in the stop loss orders.