$AKE - Don't get shaken out by fake walls
I was watching the $AKE orderbook today and noticed something interesting.
Right around the same time, multi-million dollar sell walls popped up out of nowhere across the book.
IMO this looks more like spoofing / psychological pressure to create panic than real sellers wanting to exit. Big players do this to shake out weak hands before the move.
That's exactly why I'm loading a big LONG on $AKE again.
My setup:
Entry: $0.04 - $0.045
SL: $0.035
TP: $0.05 / $0.055 / $0.06 / $0.07
Not financial advice. Trade your own plan.
You will thank me later.
I was watching the $AKE orderbook today and noticed something interesting.
Right around the same time, multi-million dollar sell walls popped up out of nowhere across the book.
IMO this looks more like spoofing / psychological pressure to create panic than real sellers wanting to exit. Big players do this to shake out weak hands before the move.
That's exactly why I'm loading a big LONG on $AKE again.
My setup:
Entry: $0.04 - $0.045
SL: $0.035
TP: $0.05 / $0.055 / $0.06 / $0.07
Not financial advice. Trade your own plan.
You will thank me later.