In English, it is referred to as #liquidity - liquidity or simply a place with flowing water.
Just like when fishing, you need to be in a place with a current. Where there is a current, there are usually fish because this is an area rich in oxygen, floating food, and the current slows down after obstacles creating an ideal shelter environment.
Fish tend to gather at whirlpool points, riverbanks, bridge feet, and shallow water areas next to fast-flowing currents to hunt and rest.
Similarly, when prices enter resistance zones (support zones or resistance zones), there is often a lot of volatility, and trading volume is also higher. The amplitude also fluctuates quite strongly around this area as traders often place entry, SL, and TP levels close to those areas, which are places with high liquidity.
A little thought about shark mentality. Prices often sweep back and forth across many liquidity areas just like boats going out to fish. They go back and forth several times to ensure no school of fish is missed and then move to another area to catch another batch. The path of these liquidity sweeps seems to be no different. 🤷
The situation $BTC seems to be fluctuating waiting for the Fed Rate (29/1) to dance the chart. Expected fluctuation around 89-91k by the end of the week.
Scenario for next week: - At the beginning of the week, BTC fluctuates, mid-low cap altcoins pump and dump. - Midweek Fed news and closing the 9D candle => watch for a rise from 27/1-2/2.
Coins to watch: - watch for short: $0G , $VVV - observe: ENA, 1000PEPE, JASMY, PENDLE, HYPE
Wait for structure confirmation on H4, no need to long yet.
The Alpha system seems to be entering a strong upward trend. This system has a strong and rapid volatility range. Anyone who follows should observe carefully to enter and exit at the right moment. #AlphaCrytos
BTC seems to be moving like KB1 but the retest area could be 85.2k--86k. Mid cap-top cap altcoins may be retesting in the H4 frame. Prices could drop sharply at important resistance levels. Still monitoring the dates 27/11-30/11.
NguyenHoangSieuLoi
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$BTC 3D is retracting its beard. ⇒ observe when the candle closes. The H9 timeframe shows multiple bottoms in RSI. MACD diverges with the histogram ⇒ strong selling pressure shows signs of decreasing. H3: signs of buying pressure are returning. Price holds at 86k by the weekend after the beard sweep down to 80k. RSI above 50, histogram increasing, MACD still below the 0 line. KB1: retest the 80 area to confirm the second bottom H3 before going up to retest the 91k-94k-97k area. KB2: increase according to H1-H3, no retest, there are signs of retest in the smaller timeframe m9. KB3: may test deeper around 75-78k ⇒ set alerts around those areas to observe ⇒ confirm then look to long BTC to the noted regions. ⇒ action plan 2: scan again for coins preparing for the US session. ⇒ pay attention to the dates 27/11: bank holiday 30/11 OPEC meeting
$BTC 3D is retracting its beard. ⇒ observe when the candle closes. The H9 timeframe shows multiple bottoms in RSI. MACD diverges with the histogram ⇒ strong selling pressure shows signs of decreasing. H3: signs of buying pressure are returning. Price holds at 86k by the weekend after the beard sweep down to 80k. RSI above 50, histogram increasing, MACD still below the 0 line. KB1: retest the 80 area to confirm the second bottom H3 before going up to retest the 91k-94k-97k area. KB2: increase according to H1-H3, no retest, there are signs of retest in the smaller timeframe m9. KB3: may test deeper around 75-78k ⇒ set alerts around those areas to observe ⇒ confirm then look to long BTC to the noted regions. ⇒ action plan 2: scan again for coins preparing for the US session. ⇒ pay attention to the dates 27/11: bank holiday 30/11 OPEC meeting
Uicha the status on the stick is known ok already. 😅😅
Chan Chảnh Choẹ
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The situation is that today I shorted the $ZEC first Tonight let's see if it's like the "history" of the past few weeks, if so tomorrow I'll hold, if not I'll just keep an eye on the stocks that went up last week and try shorting them this week.