Greetings again TAS.
Once again, precision of surgeon with his analysis, my congratulations.
How do you see the following movements?
faris.makki
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Nice one TAS. got the same conclusion, sold before the drop.
What are your thoughts on the binance hack and all that stuff? should we just ignore and follow our charts?
TAS_is_Goliath_Capital_Growth
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@Faris.makki, i'll answer with this, i don't know what the Binance Hack is.
botje11
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Respect!!! Nice one :) Good job
botje11
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@botje11, Amazing actually, i also have drown a few spot on pictures, but this one is almost as good as mine LOL :) i am just kidding, no actually i am not hahaha :). Again, nice job! You have my respect.
I (think) understand what you mean with seeking liquidity first, but would you like to explain it more, maybe the how, but i am more interested in the why. Thank you
TAS_is_Goliath_Capital_Growth
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@botje11, Only in a live session i could explain well. But here it goes. Price doen's move randomly, it goes where liquidity is. It also doesn't move in a straight line. Usually it goes where stops are, or where new orders are. Here, on the way up they caught the stops and locked in breakout traders. Then it reversed to continue in the trend.
botje11
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@tas, I know what you mean, i also talk about these kind of things sometimes. These kind of moves happen allot in crypto world, giving a bullish sense to traders who dont understand what is happening.
How do you see the following movements?
parallel channel where is it now?
Thanks for your job