Are big players making a move? $DOT breaks through the 1.2 level
Key levels often have a large number of orders resting around them, and big players love to make their moves in these spots: either ride the breakout and push the price further, or cash out into buying from momentum chasers. To tell which is happening, look at which direction trading near the price level is leaning.
#DOT
For record-keeping and sharing only—not investment advice.
Key levels often have a large number of orders resting around them, and big players love to make their moves in these spots: either ride the breakout and push the price further, or cash out into buying from momentum chasers. To tell which is happening, look at which direction trading near the price level is leaning.
#DOT
For record-keeping and sharing only—not investment advice.