Are the big players making a move? $HUMA has fallen below the 0.02 level
Key levels often have clusters of limit orders around them, and major players love to make their move in these areas: they may break below to sweep stop-losses and then pull the price back up, or make a genuine breakdown and drive the price lower for a while. To tell the difference, watch which side the large orders near the price level are concentrated on.
Key levels often have clusters of limit orders around them, and major players love to make their move in these areas: they may break below to sweep stop-losses and then pull the price back up, or make a genuine breakdown and drive the price lower for a while. To tell the difference, watch which side the large orders near the price level are concentrated on.