I often show macro charts, like in this example with $IOTA
There are many tokens that don’t survive bear markets and simply crash to zero.
Some — like IOTA — continue existing, even after crashing to zero, still working on partnerships — even on the national level.
We don’t know the plans of the elites, but what we do know is — we’re trade liquidity pools.
Looking at charts like this, a question naturally comes up:
If price always moves to grab liquidity above key highs or below key lows, what happens to the liquidity that hasn’t been touched in years?
After all, who’s still holding a stop-loss above IOTA’s 2017 high? Probably no one, right? But here’s the thing:
we all look at the same charts.
And when price gets close to that old liquidity pool,
the crowd starts leaving new orders there —
stop-losses, limit orders, hoping to catch a reaction.
So, what should we expect after price sweeps a liquidity pool? The key is to watch the reaction.
Price might just ignore it and continue higher,
Or it might reverse aggressively, if a large player has just accumulated or distributed a position there.