In the video we discussed orderblocks, taught by Inner Circle Trader. The concept behind them is that 1. smart money is the force that moves markets 2. smart money sells into buying. Therefore, a orderblock is a green candle (smart money sells into buying) that sees an immediate, violent movement down ward. In the video we go through this more. But I have illustrated that black line to show the precision of this concepts. The forces that move the market were active at this level and it shows.
The fib illustrates our equilibrium concept. This is hard to explain in text, so just watch the video. No one else will show you this stuff.
Ballers Fair Value
So, ballers do not overpay for bitcoins . We have some measure of what fair value is. In the video, I show how awesome the 14day MA is, the times its most effective, and how to use it. We used equilibrium to indicate that we were very extended for this surge up. At the same time, we were moving further away from fair value as defined by our 14 day MA.
Due to all these factors, We should be looking to buy only when price gets back to fair value.
If this intrigues you, subscribe for more. There's just no one talking about any of this stuff, and this is how to crush the market. And this is only like 10% of my stuff. I could make a video every day for a month and still have more to say about the bitcoin market. SRS .