Where the money is headed—the clues are here: $GTC breaks below the 0.3 level
There are often lots of resting orders around price levels like this, making them prime spots for big players to make their move: they may push below the level to trigger long-position stop-losses, then reclaim it—or the price may genuinely continue lower. To tell the difference, look at which side of the price the large orders are concentrated on.
#GTC
There are often lots of resting orders around price levels like this, making them prime spots for big players to make their move: they may push below the level to trigger long-position stop-losses, then reclaim it—or the price may genuinely continue lower. To tell the difference, look at which side of the price the large orders are concentrated on.
#GTC