$BTC Order Flow
Are you still looking at candlesticks?
Candlesticks are the past. Order flow is the present.
Candlesticks tell you that the price rose from 100 to 101 in the past five minutes.
Order flow tells you——
There are 500 BTC of active buy orders at the position of 100.5.
There is a wall of 2000 BTC sell orders at the position of 100.8.
Candlesticks are the result. Order flow is the reason.
Professional players do not look at candlesticks. They look at order flow.
They see large players aggressively buying at 100.5.
They see the sell order wall at 100.8 is being canceled (fake orders).
So they enter the market. Going long.
You are watching the candlesticks still in consolidation. You dare not act.
Two minutes later. A large bullish candle pulls up. Breaking through 100.8.
You chased in.
Professional players have closed their positions.
While you are still analyzing candlestick patterns, they have already finished this round with their hidden cards.
Recommended tools:
Exocharts (professional level)
Coinalyze (beginner level, free and easy to use)
TradingLite (strong visualization)
Are you still looking at candlesticks?
Candlesticks are the past. Order flow is the present.
Candlesticks tell you that the price rose from 100 to 101 in the past five minutes.
Order flow tells you——
There are 500 BTC of active buy orders at the position of 100.5.
There is a wall of 2000 BTC sell orders at the position of 100.8.
Candlesticks are the result. Order flow is the reason.
Professional players do not look at candlesticks. They look at order flow.
They see large players aggressively buying at 100.5.
They see the sell order wall at 100.8 is being canceled (fake orders).
So they enter the market. Going long.
You are watching the candlesticks still in consolidation. You dare not act.
Two minutes later. A large bullish candle pulls up. Breaking through 100.8.
You chased in.
Professional players have closed their positions.
While you are still analyzing candlestick patterns, they have already finished this round with their hidden cards.
Recommended tools:
Exocharts (professional level)
Coinalyze (beginner level, free and easy to use)
TradingLite (strong visualization)