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- MC:$3.6KHolders:10.00%
- MC:$3.6KHolders:10.00%
- MC:$3.61KHolders:10.00%
- MC:$3.6KHolders:10.00%
- MC:$3.69KHolders:20.00%
- Pin
$btc Breakdown and anatomy of the M in the chart attached to this post
The first leg rise induces traders to take positions.
The center triggers weak traders stop loss.
The second leg will only go above the first if there are orders built up there. Something we had.
This move triggers the stops of the traders that have taken short positions off the first leg.
All happening below 40k, a significant psychological whole number. a push above it would trigger alot of orders.
You can't beat the market maker, but you can learn to think like one. 𝕏