【Crypto Trading, I’m Increasingly Unconvinced by “Guessing Price Movements”】

Many people trade by only looking at the candlestick chart:

Price goes up → chase long
Price goes down → chase short

But I pay more attention to three things:

Has OI suddenly increased?
Has the trading volume expanded abnormally?
Are liquidations starting to appear in a more concentrated way?

Because price is only the result.

What’s truly worth studying is:

Who is opening positions? Who is getting liquidated? Who is currently being forced to close?

Next, I’ll continuously share my data-based trading approach.

If you also want to upgrade from “watching candlesticks” to “watching market structure,” follow me.

#BTC #ETH #ZEC #trading