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i watch the order book to time my entries
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Tachi BTCUSD3M
:agree:
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and its always the opposite
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XNIE BTCCNY
only had 1 trade today, no clear entries for me
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they put a bunch of orders in the bid right before it crashes
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its a fake buy wall
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then sell off hard
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watch for the exact bid to see if it gets pulled thats usually when its plunge time
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XNIE BTCCNY
and okc lags hard right before crash lol
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or opposite on sell side if they are faking it down to buy it
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pigloo BTCCNY
@WolfofCoinStreet volume on the dumps no bigger here tho
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Fitchh XBTEUR
@XNIE :agree:
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zmm20 BTCCNY
dang I shoulda had a stoploss on that trendline break
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volume, volume oscillator and rsi all diverging from price, this 4 hour period is critical to whether ETH holds of folds this level
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historically there's usually a second selloff in these flags before getting back on the bull road
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zmm20 BTCCNY
ah well still in good profit
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@pigloo you're right i havent been watching today but i looked earlier and all small volum eon way up and i just had notification on that it dropped so i figured was a big sell volume
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its probably just stuck in one of those channels like it gets for a few days
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sloshing around consolidating
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people making up their mind to go long or short buy/sell etc...
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