The success rate of the update is as usual, and everyone knows me: 91%. I don’t let emotions drive my trades, just the money – that's my rule.
The biggest liquidity zone for HYP was in the range of 94–93, where the drop began. After that, the price headed to a previous liquidity zone at 86k, which saw a strong bounce before continuing its descent towards 83k. These two zones are close together and are considered important futures areas; they were later broken as the decline continued down to 78k.
Later on, the price dropped to 62k without a notable bounce, pulling sub-liquidity. There are also traders from previous weeks who entered long and short positions in the ranges of 74k – 76k – 78k, and many of these trades have not been closed yet, especially after the sharp drop that prompted some to enter new long positions.
#USAndIranTradeShotInTheStraitOfHormuz #AaveFightsCourt-ordered$73METHFreeze
The biggest liquidity zone for HYP was in the range of 94–93, where the drop began. After that, the price headed to a previous liquidity zone at 86k, which saw a strong bounce before continuing its descent towards 83k. These two zones are close together and are considered important futures areas; they were later broken as the decline continued down to 78k.
Later on, the price dropped to 62k without a notable bounce, pulling sub-liquidity. There are also traders from previous weeks who entered long and short positions in the ranges of 74k – 76k – 78k, and many of these trades have not been closed yet, especially after the sharp drop that prompted some to enter new long positions.
#USAndIranTradeShotInTheStraitOfHormuz #AaveFightsCourt-ordered$73METHFreeze