Short
ETH at the Hong Kong Open
Updated
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Ethereum is moving towards a level where many short sellers will have placed their stop losses. The market maker will take price up to that level, hit all the stop losses to grab liquidity and then reverse price back down.
Ethereum is moving towards a level where many short sellers will have placed their stop losses. The market maker will take price up to that level, hit all the stop losses to grab liquidity and then reverse price back down.
Note
They did the exact opposite with a stop hunt low. The trade remains valid but the reversal will likely come in the New York session.Order cancelled
No longer valid
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