Yuriy_BikoTrading
OrderFlow trader, scalper. You can find my free trading lessons on YouTube channel "BikoTrading"
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What's the difference between V-shape and U-shape recovery
1st. Both of them happen after a BIG liquidation event as we had 2 days ago
🟢U- shape. Price creates a range for several weeks. During that time best trades at at Value area borders.
🟢V - shape. After big liquidation price creates additional consolidation at low and break-up Value. The big move happens after it.
What type of recovery we`ll face this time?$BTC $ETH
1st. Both of them happen after a BIG liquidation event as we had 2 days ago
🟢U- shape. Price creates a range for several weeks. During that time best trades at at Value area borders.
🟢V - shape. After big liquidation price creates additional consolidation at low and break-up Value. The big move happens after it.
What type of recovery we`ll face this time?$BTC $ETH
Liquidation Heatmap
In the past 24 hours, 71 324 traders were liquidated, the total liquidations come in at $216.72 million
The largest single liquidation order happened on OKX - ETH-USD-SWAP value of $2.00M
In the past 24 hours, 71 324 traders were liquidated, the total liquidations come in at $216.72 million
The largest single liquidation order happened on OKX - ETH-USD-SWAP value of $2.00M
Agree with me?
Liquidation Heatmap
In the past 24 hours , 112 999 traders were liquidated , the total liquidations comes in at $423.81 million
The largest single liquidation order happened on Binance - ETHUSDT value $13.42M
In the past 24 hours , 112 999 traders were liquidated , the total liquidations comes in at $423.81 million
The largest single liquidation order happened on Binance - ETHUSDT value $13.42M
The pain of long traders, over $800M liquidated.
😑
With such a price drop, this is not surprising.
The question is, who are the short traders?
🤔🤔
They have liquidated almost $300M.
😑
With such a price drop, this is not surprising.
The question is, who are the short traders?
🤔🤔
They have liquidated almost $300M.
$ETH
$67B traded yesterday
Historically such volume was a 1st signal that price would soon reverse a trend
$67B traded yesterday
Historically such volume was a 1st signal that price would soon reverse a trend
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