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ETH - WATCH OUT for SHAKEOUT : Bear-and Bull TrapsUsing leverage when the markets are trading sideways/range is especially risky, since this is a prime place for algo trading to liquidate positions. Shakeouts are more common than you may think. The above example on the left is a perfect example of an extended shakeout over a multi-week period before the upwards price action starts. It is, however, important to keep monitoring the situation. As long as the drop remains fairly small and the price stays close underneath the red trendline, recovery is an option. _________________________ BINANCE:ETHUSD
BINANCE:ETHUSD
by CryptoCheck-
New ATH after Range Shakeout ???Bitcoin (BTC) is exhibiting a bullish pattern that suggests a potential breakout to new all-time highs (ATH). The formation of a horizontal accumulation range and a recent bullish engulfing pattern indicate a strong possibility for significant upward price movement. Horizontal Accumulation Range: BTC has been trading within a defined horizontal range on the daily chart for an extended period. This consolidation phase suggests that supply and demand have reached an equilibrium, creating a potential launchpad for a breakout. Bullish Engulfing Pattern: Recently, BTC formed a bullish engulfing pattern, where a bullish candlestick completely engulfs the preceding bearish candlestick. This pattern is a strong reversal signal, indicating a potential shift in momentum to the upside. Anticipated Breakout and ATH Target: Based on the horizontal accumulation range and the bullish engulfing pattern, I anticipate a breakout from the range and a surge towards new ATHs. The initial target for the breakout is the previous ATH of around $73,000, with the potential to extend further towards $80,000 or even higher. Potential Retest and Support: While a bullish breakout seems imminent, a potential retest to the 62,000 support level could occur before the continuation of the uptrend. This retest, if it happens, would provide an opportunity for new buyers to enter the market and reinforce the bullish momentum. Overall Bullish Outlook: The combination of the horizontal accumulation range, the bullish engulfing pattern, and the overall market sentiment suggests a strong bullish outlook for BTC. While there may be short-term pullbacks, the longer-term trend appears to be favoring the bulls.
Long
by Yaroslav_Krasko
ICP: MONDAY FAKEOUT AND BULLISH PUMP ! Internet Computer (ICP) has once again demonstrated its resilience by bouncing off a critical support level at $11. This price action suggests that ICP may be poised for a rebound and a potential continuation of its upward trajectory. Key Support Level and Reaction: ICP has consistently shown strong support at the $11 level, bouncing back from this zone on several occasions. This repeated reaction highlights the significance of this support level and the potential for ICP to find footing there. Anticipated Price Movement: While ICP has bounced off the $11 support, I anticipate a further downward move to retest the psychological round number of $10. This retest is a common occurrence in the market, as traders often pay attention to round numbers. Bullish Continuation Setup: The potential retest of $10, followed by a reversal, could set the stage for a significant bullish continuation. This price action would create a classic "bullish flag" pattern, indicating potential upside momentum. Abundant Liquidity Above Trendline: A crucial factor supporting the bullish outlook is the presence of significant liquidity above the downward trendline. This liquidity pool could act as fuel for a strong upward move once ICP breaks through the trendline. Conclusion: ICP's recent price action at the $11 support level suggests a potential rebound and continuation of its upward trend. The anticipated retest of $10, followed by a bullish flag pattern formation, could pave the way for a substantial price surge. The abundant liquidity above the trendline further strengthens the bullish case.
Long
by Yaroslav_Krasko
Matic Fractals : Range => Shakeout => PUMP !!!MATIC has been exhibiting a peculiar pattern on the daily timeframe. The price has been accumulating lows twice now, followed by a sharp shakeout of those lows (liquidity grab), which then triggers a pump. This article will focus on the idea that history repeats itself in the market and how we can capitalize on this by identifying these patterns. The accumulation and shakeout: MATIC formed clear patterns of accumulation. In both cases, the price consolidated within a range for a few days, creating a cluster of lows. This was followed by a sharp downward movement, shaking out weak hands and stop-loss orders, which is a common market manipulation tactic known as a "liquidity grab." The pump: After the shakeout, MATIC bulls stepped in and started buying, resulting in a strong bullish rally. In the first instance, the price rallied from $0.80 to $1.20, a 50% increase. In the second instance, the price rallied from $1.00 to $1.60, a 60% increase. History repeats itself: The saying "history repeats itself" is often used in the financial markets, and this is a perfect example. MATIC has shown us a clear pattern of accumulation, shakeout, and pump twice in the past. It is reasonable to expect that this pattern could repeat itself in the future. The opportunity: The current price of MATIC is sitting at a critical support level. If the price breaks down below this level, it could invalidate the bullish thesis. However, if the price holds and starts to accumulate lows again, we could see a similar bullish rally to the ones we have seen in the past. The trade: If you believe that history will repeat itself, you could enter a long trade on MATIC once the price confirms a breakout above the current resistance level. A stop-loss order could be placed below the support level to mitigate risk. Conclusion: The MATIC chart shows a bullish pattern. The price has been accumulating lows and shaking out weak hands. This has happened twice in the past, and both times it was followed by a strong bullish rally. If history repeats itself, we could see a similar rally in the near future. However, traders should always do their own research and manage their risk accordingly.
MLong
by Yaroslav_Krasko
3
Shakeout Below Equal Lows *MANIPULATION*Kusama (KSM) has been trading within a substantial accumulation pattern, featuring a clear bottom that provides an opportune environment for potential manipulations. The strategic removal of liquidity from the lower part of the accumulation range signals a readiness to challenge the down trend line. The initial target for this breakout is set at $47, with the primary goal of forming a reversal pattern and reaching $65. 🔄 Extended Accumulation Period: KSM's extended consolidation within the large accumulation pattern indicates a period of indecision and potential accumulation of positions. The formation of a clear bottom within this range suggests a favorable setup for potential manipulative moves. 🚀 Liquidity Removal and Down Trend Line Challenge: The deliberate removal of liquidity from the lower part of the accumulation range is a strategic maneuver aimed at creating favorable conditions for an upward breakout. The subsequent intention to challenge the down trend line from above underscores the determination to reverse the prevailing bearish sentiment. 🔍 Target at $47 and Reversal Pattern Objective: The initial target for the breakout from the accumulation range and the down trend line challenge is set at $47. This level represents a key resistance point and serves as the first objective for traders. The overarching goal is to form a reversal pattern that could propel KSM toward the $65 mark. 💡 Trading Strategy: Traders should closely monitor KSM's price action as it attempts to break out from the accumulation range and challenge the down trend line. Confirmation of sustained upward momentum, increased buying interest, and successful penetration of resistance levels would provide favorable conditions for potential long positions. Implementing effective risk management strategies is advisable. 🔮 Future Outlook: The technical analysis suggests a favorable setup for KSM, with the deliberate removal of liquidity and the intention to challenge the down trend line. Traders should remain vigilant and adapt their strategies based on real-time market data. The cryptocurrency market's dynamic nature emphasizes the importance of flexibility and risk management in trading decisions. If KSM successfully completes the breakout and forms a reversal pattern, achieving the $65 target becomes a plausible scenario.
by AlexWhale
📈 IMX Technical Analysis: Horizontal Level Shakeout ! Immutable X (IMX) has been trading on the 4-hour timeframe, forming a substantial horizontal level that acted as a significant resistance zone. Following a strategic breakout from this level, IMX initiated a move to challenge the descending trend line from above. The successful penetration of the trend line signals a breakout strategy's effectiveness, and the anticipation is for further upward movement with a target of $2.50. 🔄 Formation of Horizontal Level: IMX's extended trading within a horizontal range on the 4-hour timeframe marked a period of consolidation and potential accumulation. The horizontal level acted as a formidable resistance barrier, creating a critical zone to overcome for sustained bullish momentum. 🚀 Breakout and Down Trend Line Penetration: The strategic breakout from the horizontal level was accompanied by a decisive penetration of the descending trend line from above. This combination of breaking through a horizontal resistance and overcoming the trend line suggests a significant shift in market dynamics and a potential reversal of the prevailing bearish sentiment. 🔍 Significance of the Breakout: The breakout from the horizontal level and the subsequent penetration of the down trend line are indicative of increased buying interest. Traders and investors may interpret this as a signal to enter long positions, with the expectation of further upward movement. 💡 Target at $2.50: With the successful breakout and trend line penetration, the next target for IMX is set at $2.50. This level represents a key resistance point and a potential area for profit-taking, requiring careful monitoring for potential reactions. 🔮 Future Outlook: The technical analysis suggests a favorable setup for IMX, with the successful breakout from the horizontal level and the penetration of the descending trend line. Traders should closely monitor the price action for confirmation of sustained upward momentum. The cryptocurrency market's dynamic nature emphasizes the importance of adaptability and risk management in trading decisions. If IMX continues on its current trajectory, reaching the $2.50 target becomes a plausible scenario.
Long
by AlexWhale
WHAT ARE Fakeouts, Shakeouts and Whipsaws?YOUR QUESTION ANSWERED! What on earth are Fake outs, Shake outs and Whipsaws? After this you will know… Fake-out: (When the price makes a false breakout of a chart pattern) A fake-out occurs when the price of a market appears to break out of a certain chart pattern. This could be a trendline, support, or resistance level. But then quickly reverses and retreats back within the pattern. Shake-out: (Where the market is highly volatile and the price moves to levels that hits their stop losses and gets traders out of their trades) A shake-out is a scenario where the market becomes highly volatile and the price moves rapidly to levels that trigger the stop-loss orders of many traders. Stop-loss orders are pre-set risk levels at which traders automatically exit their positions to limit their losses. A shake-out is designed to “shake out” weak or inexperienced traders from the market. When stop-loss orders are triggered, it can create a temporary spike in the opposite direction of the prevailing trend. Once these traders are “shaken out,” the market might resume its original trend. You’ll see this most commonly with low liquid, high volatile markets like Penny Stocks or Penny Cryptos. Whipsaw: (This is where the market will change its most prominent direction within the day). Whipsaw refers to a situation where the market quickly changes its direction within a relatively short period, often during a single trading day. This can cause confusion and losses for traders who are caught off-guard. Whipsaws can occur due to various factors, such as sudden news releases, economic data surprises, or changes in sentiment. They are characterized by sharp price movements that can make it difficult to make accurate trading decisions. Whipsaws are especially common during periods of high market uncertainty or when there’s a lack of a clear trend. Let’s create a quick summary of the three: Fake-out: (When the price makes a false breakout of a chart pattern) Shake-out: (where the market is highly volatile and the price moves to levels that hits their stop losses and gets traders out of their trades) Whipsaw: (This is where the market will change its most prominent direction within the day). If you have any trading question let me know in the comments
TVC:SA40Education
by Timonrosso
📉 DYDX: Awaiting Shakeout for Further Ascent 🚀DYDX is currently navigating a substantial ascending wedge pattern, having recently experienced a swift breach of the upper boundary that prompted a notable short-term reaction. The current phase involves a retest of the previously contested resistance, which has now transformed into a support zone. A potential shakeout beneath the lower wedge boundary is anticipated to capture liquidity before embarking on the next leg of the upward movement. 📊 Key Observations: 📈 Ascending Wedge Dynamics: DYDX is ensconced within a large ascending wedge, presenting a structure that often precedes decisive market movements. 🔄 Retesting Transformed Support: The ongoing phase involves a retest of the support zone, formerly a resistance level breached during the recent upswing. 📈 Technical Analysis: 🔄 Shakeout Anticipation: Anticipation of a shakeout beneath the lower boundary of the wedge, designed to capture liquidity and set the stage for the next bullish phase. 🚀 Expected Shakeout Strategy: 🔍 Liquidity Capture: The shakeout aims to secure liquidity from both sides of the market, setting the groundwork for a robust and sustained upward movement. 📊 Strategic Considerations: 🧐 Vigilance during Shakeout: Traders are advised to remain vigilant during the anticipated shakeout, recognizing it as a strategic maneuver to capture liquidity before a potential surge. 📝 Conclusion: DYDX's current chart setup, characterized by an ascending wedge and a transformed support/resistance zone, points to a calculated shakeout as part of a broader market strategy. Traders should monitor this phase closely, recognizing its role in securing liquidity for the ensuing bullish momentum. 🚀 Unlock my 3 crypto trading indicators for FREE! 🚀
by AlexWhale
BLUR - Fakeout below descending channelAllow me to share the exhilarating journey of BLUR, the budding cryptocurrency on Binance. Despite its nascent presence, BLUR has orchestrated a bullish symphony that echoes the proper way to ascend, shooting straight for the moon! 🌕 Navigating the Abyss: A Strategic Shakeout Descending Channel Tactics: BLUR engaged in tactical trading within a descending channel, setting the stage for a powerful move. A deliberate shakeout beneath the lower boundary provided the coin with ample fuel and strength for the ascent. Launching into Space: True Breakout Manifested The strategic shakeout was followed by a genuine breakout, soaring above the upper boundary of the descending channel. This breakout signifies a robust and bullish movement, suggesting potential gains. Experiencing True Bullish Momentum Early Glimpse of Bullish Prowess: BLUR, in its early days on Binance, has already demonstrated a commendable ability to showcase bullish momentum. The breakout from the descending channel serves as a testament to the coin's strength. Immediate Growth Trajectory: The trajectory indicates an immediate growth potential, positioning BLUR as a cryptocurrency to watch in the market. Strategic Insights: BLUR's journey is a compelling example of how strategic maneuvers within a descending channel can set the stage for true bullish movements. As the coin breaks free and charts its course towards the moon, traders and investors should keep a keen eye on potential entry points to ride the anticipated bullish wave. Embark on the voyage wisely, 🚀 ❗️Unlock exclusive insights! Claim your 3 crypto trading indicators for FREE! Link below 🔑
by AlexWhale
RNDR: Bullish Channel with Bull Traps! 📈🚀🌐 Greetings Crypto Enthusiasts, Today, let's set our sights on RNDR as it gracefully maneuvers within an ascending channel, painting a compelling narrative on the charts. RNDR, known for its strategic plays, exhibits a unique pattern—repeatedly forming a bullish flag after a bounce from the lower channel boundary. What makes RNDR an intriguing asset is its knack for executing shakeouts below the flag's pivot, creating an optimal environment for strategic investments over day trading. Let's delve into the details of RNDR's chart dynamics. 🔄💹 Charting the Course: RNDR's Ascending Channel Play Ascendancy in the Channel: Structured Trajectory: RNDR gracefully adheres to an ascending channel, illustrating a structured and methodical trajectory. Technical Rebounds: The lower boundary acts as a dynamic support, initiating technical rebounds. Bullish Flag Phenomenon: Pattern of Strength: RNDR consistently forms bullish flag patterns within its channel, symbolizing strength and resilience. Optimal Entry Points: For investors, these patterns offer optimal entry points after shakeouts below the flag's pivot. Strategic Shakeouts - A Boon for Investors: Bouncing Off Pivots: RNDR's shakeouts, specifically below the pivot of the bullish flag, act as strategic maneuvers to clear the playing field. Investor-Friendly Dynamics: This creates an investor-friendly environment, as it eliminates short-term traders with tight stops. Why Invest in RNDR: A Strategic Approach Channel Dynamics Favor Long-Term Play: Predictable Trajectory: The structured channel provides a predictable trajectory, favoring long-term investors. Minimized Day Trading Risks: RNDR's nature reduces the risks associated with day trading, making it conducive to strategic investments. Capitalizing on Shakeouts: Investor Advantage: The shakeouts become advantageous for investors, allowing them to accumulate positions at favorable prices. Avoiding Short-Term Volatility: By embracing the investment perspective, one can avoid the short-term volatility triggered by shakeouts. Conclusion: RNDR's journey within the ascending channel, coupled with its recurrent bullish flag patterns and strategic shakeouts, offers a compelling story for both traders and investors. For those seeking a less turbulent ride with minimized day trading risks, investing strategically in RNDR aligns with its unique chart dynamics. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
R
by AlexWhale
1
MATIC: Liquidity Sweeps as Precursors to GrowthThe crypto landscape is buzzing with excitement as MATIC (Polygon) exhibits a fascinating pattern before significant upswings – the liquidity sweeps or order flow dynamics. Notably, MATIC recently executed a liquidity sweep below the 0.5 imbalance level, signaling a potential prelude to an upward move targeting $1. Let's delve into the details. 📈🔍 MATIC's Liquidity Sweeps and Growth Pattern: Consistent Pre-Rally Behavior: MATIC has shown a consistent pattern of conducting liquidity sweeps or order flow adjustments before embarking on notable upward trends. Recent Sweep Below 0.5 Imbalance: The most recent liquidity sweep occurred below the 0.5 imbalance level, suggesting a potential accumulation and preparation phase for a significant move. Key Price Levels: Sweep Confirmation: Observing the confirmation of the recent liquidity sweep below the 0.5 imbalance level, which may act as a crucial point for initiating the next bullish cycle. Targeting $1: With the historical context of MATIC's behavior, eyes are set on a target of $1 once the liquidity sweep is confirmed, aligning with previous growth patterns. Trading Strategy: Confirmation and Entry: Await confirmation of the liquidity sweep and look for entry points aligned with supportive price action and volume. Strategic Entry Points: Strategically plan entries based on the confirmed pattern, considering your risk tolerance and trading strategy. Risk Management: Incorporate effective risk management tools, such as stop-loss orders, to navigate potential market fluctuations. Conclusion: MATIC's consistent pre-rally behavior, marked by liquidity sweeps, adds an intriguing layer to its trading dynamics. The recent sweep below the 0.5 imbalance level positions MATIC for a potential surge towards $1, making it a compelling asset for traders. Wishing you successful trades as MATIC unfolds its next chapter! ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
M
by AlexWhale
1
FET - Ascending Channel with a Manipulative Move📈💨FET (Fetch.ai) has been showing a penchant for shakeouts, keeping traders on their toes. Currently navigating within an ascending channel, a recent manipulation near the lower range boundary suggests that a move towards $1 for FET might be imminent. Let's delve into the dynamics of this maneuver and explore the concept of order flow. 📈💨 FET's Shakeout Affair: Ascending Channel: FET has been trading within the confines of an ascending channel, indicating a bullish trajectory. However, the journey is spiced up by occasional shakeouts, testing the resolve of market participants. Manipulative Move: A recent manipulation under the lower boundary of the range caught the attention of traders, potentially setting the stage for a move towards $1. Understanding Order Flow: Order Flow Dynamics: Order flow refers to the continuous process of buy and sell orders entering the market. Understanding order flow involves analyzing the volume and direction of these orders to gain insights into market sentiment. Shakeouts in Order Flow: Shakeouts are strategic moves to trigger stop-loss orders and liquidate positions, creating liquidity for institutional players. The recent manipulation near the lower range boundary can be seen as a shakeout in the order flow. The Path to $1: Channel Dynamics: Navigating within the ascending channel, FET may experience periodic shakeouts before potentially resuming its upward trajectory. Target: $1: The manipulative move near the lower range suggests a potential target of $1 for FET. Traders should remain vigilant for confirmation of this move. Trading Strategy: Observing Order Flow: Keep an eye on order flow dynamics, especially during shakeouts, to gauge the intentions of market participants. Confirmation: Wait for confirmation through price action before considering any significant entry or exit positions based on shakeouts. Risk Management: Employ risk management strategies to safeguard your investments in the face of unexpected market moves. Conclusion: FET's journey within the ascending channel is spiced up by its inclination for shakeouts. As traders navigate these maneuvers, understanding order flow dynamics becomes crucial for making informed decisions in this dynamic crypto landscape. May your trades align with FET's twists and turns, and the path to $1 be both exciting and rewarding. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
DOGE: How Manipulation's Will Help To Pump?🐕Dogecoin (DOGE) has long been a favorite of traders and meme enthusiasts, and it seems like there's more to this coin than meets the eye. Beneath the playful exterior lies a substantial amount of liquidity, which could be a key ingredient for a genuine pump. But when will it happen? Let's explore the potential scenarios for DOGE. 📈🚀 The Abundance of Liquidity: DOGE has consistently proven to be a coin with substantial liquidity. It means there are plenty of buy and sell orders stacked at various price levels, ready to be triggered. The 0.5 Fibonacci Level: Many traders are keeping a close eye on the 0.5 Fibonacci level as a potential trigger point for DOGE. If the price drops to this level and reclaims it, it could signify a significant imbalance correction. The Entry and Target: For those looking to capitalize on a potential pump, an entry point around 0.027 could be a strategic choice. As for the target, 0.8 could be a lucrative goal if DOGE starts a substantial upward move. Trading Strategy: Timing is Key: Watch for DOGE to dip to the 0.5 Fibonacci level and reestablish itself. Entry and Target: Consider entering around 0.027 and set a target of 0.8, but remain flexible based on price action. Risk Management: Use stop-loss orders and sound risk management to protect your investments. Conclusion: DOGE might be known for its fun and memes, but it has demonstrated a hidden potential for a substantial pump. Liquidity-rich assets often have the capacity to make sudden and significant moves. As you keep a close watch on DOGE's journey, remember that the crypto market is full of surprises. Stay informed, trade wisely, and may your trades lead to success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
6
Storj Sweeping Sell Side Liquidity🌐 In the ever-shifting landscape of the cryptocurrency market, Storj (STORJ) has taken center stage with a compelling narrative. It's been on a mission to clear global sell side liquidity and seems poised for an upward trajectory. STORJ's strategy has often involved liquidity sweeps, signaling a shift in direction, and it may be gearing up for another significant move. Let's explore this intriguing development. 📈🌐 Sweeping Global Sell Side Liquidity: Storj's recent actions are akin to a skilled chess player making strategic moves on the board. The project has been actively sweeping global sell side liquidity, effectively clearing out sell orders clustered around specific price levels. This maneuver can set the stage for a substantial upward movement. A History of Shifting Paths: Storj's track record shows that each time it engages in liquidity sweeps, it subsequently embarks on a new price direction. This ability to adapt and switch paths is a hallmark of its dynamic nature. The Path Upward: As Storj continues to clear out global sell side liquidity, the path upward seems to be on the horizon. It's as though the project is gearing up for its next significant move in the crypto chess game. Trading Strategy: Observation: Keep a keen eye on Storj's price action and how it interacts with liquidity sweeps. Risk Management: As always, implement prudent risk management practices to safeguard your investments in the crypto market. Stay Informed: Stay up-to-date with Storj's fundamentals and any news that could impact its price movement. Conclusion: The cryptocurrency market is full of intricate strategies and maneuvers, and Storj's actions are a testament to its adaptability and dynamic nature. While liquidity sweeps can provide insights into potential market movements, they are not infallible. As you follow Storj's journey, be vigilant, stay informed, and be prepared for the twists and turns that this captivating project might offer. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
NEAR and FET: Similar Fakeout PatternsThe cryptocurrency world often surprises us with intriguing market dynamics, and today, we'll delve into NEAR and FET, two projects that have crafted similar fakeout patterns but may be charting different paths forward. NEAR executed a "sweep of the lows," while FET is forging a "double bottom" pattern, both aiming for a potential ascent to $0.55. Let's explore the nuances of these setups. 📈🔍 NEAR's "Sweep of the Lows": NEAR Protocol (NEAR) recently performed a "sweep of the lows," a strategic move designed to clear out sell orders at lower price levels. This maneuver creates a potential foundation for an upward movement. FET's "Double Bottom": Fetch.ai (FET), on the other hand, appears to be forming a "double bottom" pattern, characterized by two distinct price lows. This pattern often signifies a shift from a downtrend to an uptrend and can lead to notable price gains. The $0.55 Target for Fetch Trading Strategy: Observation: Keep a watchful eye on the price action of NEAR and FET, and how they interact with their respective patterns. Risk Management: Prudent risk management is essential, particularly when dealing with the inherent volatility of the crypto market. Stay Informed: Stay up-to-date with the latest developments and news related to NEAR and FET that could impact their price trajectories. Conclusion: In the crypto market, similar patterns can lead to varying outcomes. While both NEAR and FET are eyeing the $0.55 level, the paths they take may diverge. As traders and investors, it's crucial to remain adaptable, stay informed, and exercise caution as you navigate these distinct journeys. Remember that the crypto market can be as unpredictable as it is exciting. May your trades be prosperous, no matter which path you choose to follow. ❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
by AlexWhale
SOL : Liquidity Game 📈💡Solana (SOL) has been a hot topic lately, and for a good reason. It's been on a relentless upward trajectory following liquidity sweeps of key lows. What's more, I'm anticipating another liquidity sweep around the $17 level, which could ignite another round of growth. It's a reminder that liquidity is the fuel that powers price movements. 📈💡 Liquidity Sweeps Fuel Price Movements: Liquidity sweeps occur when market participants push the price briefly to clear out buy or sell orders clustered around a particular level. This process can often be a precursor to a price surge. Liquidity acts as the fuel that propels price action, and the crypto market is no exception. 🚀💰 Anticipating the Next Move: In the case of SOL, the anticipation of a liquidity sweep around $17 could be a pivotal moment. It might create the conditions for a further price increase as orders are cleared out. However, the crypto market is dynamic and unpredictable, so it's crucial to stay vigilant and adapt your strategy accordingly. 📊🔍 Trading Strategy: Patience and Caution: If you're considering a position, waiting for the liquidity sweep to occur and looking for confirmation in price action could be a prudent approach. Risk Management: Use risk management tools such as stop-loss orders to protect your investments. Fundamental Awareness: Stay informed about Solana's fundamentals and any news that could influence its price. Conclusion: The cryptocurrency market is a unique arena where liquidity plays a crucial role in shaping price movements. While liquidity sweeps are often seen as potential catalysts for growth, they are not foolproof guarantees. As a crypto trader or investor, it's essential to exercise caution, stay informed, and adapt to the ever-changing market conditions. Liquidity can be the fuel, but it's your strategy that steers the ship. ❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
by AlexWhale
3
How to trade Liquidity Sweeps 🌊 Trading liquidity sweeps 🌊 and identifying fake liquidity grabs 🕵️‍♂️ can be valuable skills for traders. These strategies involve capitalizing on market inefficiencies and understanding how institutional traders and algorithms influence price movements. In this guide, we'll explore what liquidity sweeps and fake liquidity grabs are and how to trade them effectively. Understanding Liquidity Sweeps: A liquidity sweep occurs when a trader executes a large market order that "sweeps" through the order book, clearing out available liquidity at various price levels. These sweeps often signal strong buying or selling interest, potentially leading to significant price moves. Identifying Fake Liquidity Grabs: Fake liquidity grabs 🎭 are market manipulation techniques used to deceive traders. Market makers or large players might place large orders on the order book to give the illusion of significant interest at a specific price level. However, they often cancel these orders before they get executed, leading to sudden reversals in price. Trading Liquidity Sweeps: Monitor Order Flow: Keep an eye on order flow and trade volume to identify sudden surges in trading activity. Liquidity sweeps are often accompanied by spikes in volume. Identify Key Levels: Look for important support or resistance levels where liquidity sweeps are likely to occur. These levels can be based on technical analysis, such as previous highs or lows. Entry and Stop-loss: Enter a trade when you spot a liquidity sweep that confirms your bias. Set stop-loss orders to manage risk in case the market moves against you. Take Profits: Take profits when the market reacts as expected, but be prepared for quick price reversals. Liquidity sweeps can be followed by retracements. Trading Fake Liquidity Grabs: Be Cautious: Approach price moves driven by apparent liquidity grabs with caution. These moves can be short-lived. Confirm Price Action: Wait for confirmation of the direction after the fake liquidity grab. Look for signs that real market sentiment is driving the price. Risk Management: Place stop-loss orders to protect your capital in case the market reverses quickly. Avoid chasing the initial price move. Use Additional Indicators: Combine your analysis with other technical indicators or market sentiment tools to increase your confidence in your trading decisions. Conclusion: Trading liquidity sweeps and fake liquidity grabs can offer opportunities for profit, but they also come with risks. It's essential to have a clear strategy, strict risk management rules, and the ability to adapt to rapidly changing market conditions. As with any trading strategy, practice and experience will help refine your skills in identifying and capitalizing on these market dynamics. 🚀📈🌊
INDEX:BTCUSDEducation
by AlexWhale
SNAP: EASY 17.89 BEFORE NEXT EARNINGDespite the market consolidation, I agree that the SNAP sell-off was an overreaction. Big hands are attempting to shake off the Snap investors in order to move higher. Currently, large volumes are being bought as much as they can at below resistance, which is around 11.22, but if it breaks, we should expect 12.19 in no time. This is the time to start collecting shares, not wait. Big whales will force you to purchase you at a expensive price. I am bullish in Snap. GOING UP AFTER 08/07/2023
NYSE:SNAPLong
by sej4974
Bitcoin's Quiet Before the Storm 🌊Ever noticed when the Bitcoin chart goes eerily quiet? It's like a still lake before a storm. But here's the scoop: this tranquility might not be innocent. In fact, it could be orchestrated by bigger players in the game. Enter the whales – major market influencers. When they create low volatility by steadying prices, it can make others think nothing big is coming. People start selling, thinking the party's over. And that's when the whales strike. By triggering a sudden price surge, they catch sellers off-guard and reap rewards. It's like pretending a movie's dull to empty the theater before revealing the epic climax. Remember, appearances can deceive. Low volatility might mask a grand plan . Stay cautious, stay informed. Don't exit too soon and miss the show. In crypto's realm, the still waters can hide a tempest. Stay sharp
INDEX:BTCUSDLong
by AlexWhale
What are Fakeouts, Shakeouts and Whipsaws?Let's get straight into the three cronies of trading disaster when taking and holding a position. Fake-out: (When the price makes a false breakout of a chart pattern) A fake-out occurs when the price of a market appears to break out of a certain chart pattern. This could be a trendline, support, or resistance level. But then quickly reverses and retreats back within the pattern. Shake-out: (Where the market is highly volatile and the price moves to levels that hits their stop losses and gets traders out of their trades) A shake-out is a scenario where the market becomes highly volatile and the price moves rapidly to levels that trigger the stop-loss orders of many traders. Stop-loss orders are pre-set risk levels at which traders automatically exit their positions to limit their losses. A shake-out is designed to "shake out" weak or inexperienced traders from the market. When stop-loss orders are triggered, it can create a temporary spike in the opposite direction of the prevailing trend. Once these traders are "shaken out," the market might resume its original trend. You’ll see this most commonly with low liquid, high volatile markets like Penny Stocks or Penny Cryptos. Whipsaw: (This is where the market will change its most prominent direction within the day). Whipsaw refers to a situation where the market quickly changes its direction within a relatively short period, often during a single trading day. This can cause confusion and losses for traders who are caught off-guard. Whipsaws can occur due to various factors, such as sudden news releases, economic data surprises, or changes in sentiment. They are characterized by sharp price movements that can make it difficult to make accurate trading decisions. Whipsaws are especially common during periods of high market uncertainty or when there's a lack of a clear trend. Let’s create a quick summary of the three: Fake-out: (When the price makes a false breakout of a chart pattern) Shake-out: (where the market is highly volatile and the price moves to levels that hits their stop losses and gets traders out of their trades) Whipsaw: (This is where the market will change its most prominent direction within the day).
JSE:J200Education
by Timonrosso
BTC Wickoff 2022-2023 Shake out-Mark up?Hi dear community and my lovely followers. I would like to add another analysis which add more confluence to my previous analyses that BTC is preparing for another huge jump. As you see I Have drown BTC wickoff accumulation model 2022-2023 which shows that BTC hasn't only bottomed out but also has finished its main accumulation phase/A,B,C,D/ and now it is in a phase E /both profit-taking and acquisition of additional shares (“re-accumulation”) by Smart money/. In phase E can be small shakouts which we show at the moment, stay level headed, keep patience as BTC is preparing for Mark up to 35-37K. As I published in my previous analyses, I expect BTC to pump from 26K zone and think BTC has bottomed testing 200 weekly MA and 100 daily MA, but the worst case scenario could be test of previous support zone at 24.2-25K where Smart money will add their bags before new highs. I don't expect lower prices specially after taking out huge amount liquidity below 27K and 26.5k. BTW taking into account some bearish chart patterns/like H&S, rising wedge breakdown/ 99% expect 25K and even lower prices, as a contrarian trader I always go against the herd and expect bounce from this zone/although I have plan for both scenarios/. Don't forget to check my previous analyses/below this one/ where I shows you what are other factors which force me to expect higher prices. Don't be shake out, BTC will surprice everyone. I will also add more charts below this one, where you can find very interesting views. Don't forget to follow, like, comment, retweet. I will appreciate any kind of support. Have a good day , I wish you good trades.
BITSTAMP:BTCUSDLong
by ergal91
13