Follow the money, not the talk: $DOT loses the 1.2 level
There are often a lot of orders sitting around key levels, and big players love to make their move there: either push below the level to trigger stop-losses on long positions, then pull the price back up, or follow through and drive it lower for a while. To tell the two apart, watch which way trading activity around the price level is skewed.
#DOT
There are often a lot of orders sitting around key levels, and big players love to make their move there: either push below the level to trigger stop-losses on long positions, then pull the price back up, or follow through and drive it lower for a while. To tell the two apart, watch which way trading activity around the price level is skewed.
#DOT