in a possible further move down we might find a liquidity zone. the marked zone serves as a reference. possible long setups can be sought and entered below the current low with an appropriate reaction. confirmation of this can be obtained from the footprint and/or DOM.
-> the marked price ranges were drawn from the daily chart via the volume profile and represent relevant edges
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is going according to plan.
Trade active
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as expected, we have reached our liquidity zone. further developments can be observed. long setups taking into account appropriate risk management can be sought
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potential development over the volume edges
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low volume area handled cleanly. In the further course we want to see a clean break of the 19300 (B - Profile, 11/8/2022)
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Due to the most recent events, the analysis had to be adjusted again. 2 scenarios can arise.
@st3ppin, ty, I cam across this yesterday and I told everyone when we hit a local bottom and were going up to fill the inefficiency from the FTX gap, it has made me very unpopular in chat. I mentioned it the moment we bottom but it has been removed???
After you called that shortlong I memorized the algo pattern on multiple tokens on TV replay and I called the last 5 tops, BTC is easy but other have their own moves. I refuse to call tops/bottoms in chat anymore, it's a toxic community.
anyway, I hope u don't mind but I posted ur last chart in chat with ur name for the people that want to argue with me and it shuts them up quickly. Thank-you for confirming what I've been arguing for 2 weeks now and for this update. Hope ur making lots of monies, I'm retired but I still want to see how this plays out.
bongstrong
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How do you get the footprints to show in trading view
st3ppin
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@bongstrong, footprint data can be obtained via additional software. tradingview does not provide these.
Miles-Maddox
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wtf? mine is the only boost on this? imma change that wen this hits. ppl need to recognize good traders. I'm just embarrassed for chat