Watch the money, not the talk: $TRUTH loses the 0.016 level
There are usually clusters of orders around key levels, and big players love to make their moves there: they may first push the price below the level to trigger long stop-losses, then reclaim it—or follow through on the breakdown and ride the move. To tell these scenarios apart, watch which way the large orders near the price are tilted.
There are usually clusters of orders around key levels, and big players love to make their moves there: they may first push the price below the level to trigger long stop-losses, then reclaim it—or follow through on the breakdown and ride the move. To tell these scenarios apart, watch which way the large orders near the price are tilted.