Colleagues, I am glad to welcome everyone! Before you start, I invite you all to my free telegram channel with blackjack and cookies, the link of which you can find either in my TV profile status or by contacting me directly via private messages.
Before the analysis, I would like to inform those who do not yet know: how exactly does a major player gain a position. Surely you heard the phrase: "For every strong one there is even stronger." Why am I doing this? Moreover, the situation is absolutely identical on the market, namely for every major seller / buyer there is even stronger, and they, like us, are able to lose money. So these guys, as is customary, are gaining their positions sideways (flat), or at strong levels, often in areas of high liquidity after false breakdowns. I also wrote about this in my training post: A major player understands that flat boundaries are areas of increased liquidity. In case of breakdown of the support / resistance level, sellers / buyers will be activated and, consequently, liquidity will increase. Therefore, here a major player will be able to gain a large position. That is why the breakdown may turn out to be false, and the price then goes in the other direction. This is one of the options. Here you need to understand that there can be many options and not always a false breakdown is associated with the activity of a major player. The analysis must be approached comprehensively.
Often, the first impulse for a breakdown of a strong level occurs due to the removal of the stops of other participants (due to the fixation of positions). Sometimes the dynamics on the part of buyers are not enough to move the price up, and it returns to the level, but when the breakdown is repeated, the movement resumes. At the same time, an excess of strength may be on the side of a large seller and the instrument can begin to decline when it returns to the level.
Take a look at the example below. On the chart, as we see, there is a limit seller on top and a dynamic buyer who buys the instrument. And there is a pull to the upper border. On these figures, with proper mining, very good entry points are formed. Most often, such a preload signals a position gain from a major player. Very good if there is an increase in volumes. Unloading a position is also sometimes accompanied by abnormal volumes. A large surge in volumes after a strong movement may indicate the culmination of purchases / sales. That is, that the fixation of positions began, after which the instrument can be adjusted. There will not necessarily be a global reversal, but it is worth fixing your position if you are trading intraday. I hope this knowledge was useful to you.
Let's take a look at the current picture: based on all the aspects that I described earlier in my posts, I come to the conclusion that $ 6500 we will no longer see (this is what I see now!). With the rectangles on the chart, I designated the most important liquidity zones, that is, as you already know, the stop zones where large players will show their interest, therefore, this will be displayed by a strong impulse on the chart. The larger the rectangle, the larger the area. From below $ 8000 sma100 holds reliably. I suppose a rollback, so I set a limit for zones $ 7600-7700 (sma200). I hope that I argued my position regarding long, and why I advised you to take it.
But, like any trader, I tend to make mistakes, so use risk management. All successful bidding!
P.S. Subscribe and like if you like these reviews. *:
การซื้อขายยังคงดำเนินอยู่
Colleagues, I am glad to welcome everyone! Firstly, I congratulate you on the profit, and now it’s already possible to calmly transfer the stop to breakeven, and also, if desired, fix the nth part of the position in profit.
In general, at the moment, the advantage is still on the side of buyers. Now those who did not buy a coin for $ 7500-7700 (and believe me, there were a lot of them) in expectation that the price will go to the bottom line of the ascending channel, and, closing the gap, will buy the coin at the current, thinking that the train leaves without them, creating an imbalance in liquidity. Imbalance is the preponderance of one side or another in the direction of purchases and sales. Based on this, the main goals of buyers is the area of $ 9000-9450.
The script will lose its relevance when consolidated below the level of $ 8000.
P.S. Link to telegram channel in profile status. All successful bidding!
บันทึกช่วยจำ
Welcome all! Answering the question: “Should I wait for 9k +”, which you ask me, I answer that at the moment it’s worth it. Below I want to give a graph of our beloved Wyckoff with a small addition. I did not move the main line of red; I just added extra bold lines of purple. You already know how a major player is gaining a position. For those who did not have time to read due to the removal of the post, or simply did not see, I will tell you briefly. This market is too thin to instantly gain a large position, even despite such a large daily turnover and if a major player wants to gain a large volume at a certain price, then he will not succeed, since the price will simply fly into space from such purchases, because that the demand for the purchase significantly exceeds the supply. It turns out that a major player bought a coin at the current price and no one else sells it to him at that price, and therefore the price goes higher for those sellers who are willing to sell him for expensive and in such situations the price can go far up, provided that there is abnormal demand. In connection with this, from a logical point of view, a large player is not profitable to instantly gain position. Now you most likely have a question: how then to track down a set of positions of a major player? It's simple, this action takes place at the most boring stage - the flat (side) stage. This is the hottest place among ordinary traders, because, in anticipation of the beginning of a trend, its position closes by stop loss. Less significant sets go either at the 4-hour or daily interval and if you already clearly see what is on this At the market stage there is a set of positions, then most likely it will end soon, since a large player does not need extra freeloaders. So, at the moment, everything is going according to plan. The script will lose its relevance when consolidating below $ 8050.