Major Zones: This looks text book for a Market Maker Trap Pattern, I could be 100% Wrong, but until we gain these levels, I expect Mr. 100 Million Dollar Buyer to be taking profit before these targets are hit,
What happened to get us here?
Massive Amount of Sellers
Low Liquidity: Entity Spends 100M, everyone sells it to him with ease as they are holding negative bags all the way up.
Step Two: Create Massive Hysteria on the Charts, have everyone chase it on the way up
Mr. 100 Million then creates liquidity on the way up to sell his bags to all the way down,
Result: One Massive Candle that is RED
What happened to get us here?
Massive Amount of Sellers
Low Liquidity: Entity Spends 100M, everyone sells it to him with ease as they are holding negative bags all the way up.
Step Two: Create Massive Hysteria on the Charts, have everyone chase it on the way up
Mr. 100 Million then creates liquidity on the way up to sell his bags to all the way down,
Result: One Massive Candle that is RED