Only private elites here ‼️ I will mainly talk about crypto, price action analysis etc. ONLY FOR A FEW PEOPLE. Main account; @bitsteinbitstein.substack.comJoined March 2013
I hope this THREAD has helped you to understand the extense concept of LIQUIDITY.
It's a needed knowledge you must have.
This has been the SECOND THREAD of Liquidity.
RT and FAV to spread this THREAD is appreciated
Liquidation Levels and Heatmaps ANALYSIS on $BTC :
1. #Bitcoin has reached a KEY resistance at 42,000$. Most of the volume coming in are from LONG positions.
2. $BTC liquidity is BELOW as you can see on this charts. Therefore, I expect a RETRACEMENT at 43,000$.
3. First KEY support it should retest is at 37,500$, if that one doesn't hold, then 35,200$ is next.
4. If $BTC starts ranging and DOESN'T dump, the VOLUME and LIQUIDITY will start flowing into altcoins.
5. #Bitcoin pumping and not retracing or ranging, is NOT GOOD for Altcoins. After this big pump on $BTC, money should start flowing into altcoins.
6. If $BTC starts ranging, I will share ON-CHAIN DATA analysis of altcoins I find bullish.
SUPPLY & DEMAND 📚:
1. Look for strong price momentum, candles must be backed with big volume.
2. Define the base of this price momentum.
Base refers to the area just before price exploded into a direction.
The support on the THREADS I have received from YOU in recent weeks, has been incredible.
It makes me happy to read that MANY of you are learning with them.
My goal has always been to create quality content for free.
I respect and appreciate each one of you,
Soulz.
In this THREAD I will explain LIQUIDITY:
1. What is Liquidity?
2. How to measure Liquidity?
3. Sell-side Liquidity
4. Buy-side Liquidity
5. Stop hunts
🧵(1/7)
5. Stop hunts:
"Stop hunt" is a strategy that attempts to force some traders out of their positions, by driving the price to a level where many traders have chosen to set their SL.
This practice is called “stop-loss hunt", and generates additional liquidity in the process.
I hope this THREAD has helped you to understand the extense concept of LIQUIDITY.
It's a needed knowledge you must have. It's not an easy concept to explain, in this THREAD I only explained the basics from it.
RT and FAV to spread this THREAD is appreciated.
How to use FIBONACCI on your trades:
1. Draw from SWING LOW to SWING HIGH.
2. Compare the levels shown with KEY SUPPORTS and RESISTANCES.
3. Take LONG positions on support. SL BELOW last level.
4. Take SHORT positions on resistance. SL ABOVE next level.
5. Example of all the concepts together:
1. Price makes a double bottom, and traps traders through Inducement
2. Price breaks Previous Day High, and hunts liquidity above it
3. MS Shift takes place, and trend changes from Bullish to Bearish
4. Displacement = change of trend
I hope this THREAD has helped you to understand the BASIC concepts of ICT strategy.
It's a must knowledge you should have, to find good RR trades, and therefore, to understand PA and Market Structure.
RT and FAV to spread this THREAD is appreciated.
GIVEAWAY 🎁
Last chance to get TradingView's Black Friday Sale!
I'm giving away 1 YEAR of TradingView Premium for FREE
TO JOIN:
- Follow @SoulzBTC
- RT and FAV this Tweet
- Comment any emoji
Winner will be announced tonight.
4. Consolidation:
Period of price movement, where the price of an asset remains within a defined range
Characterized by relatively tight highs and lows. It's a pause in the prevailing trend
Understanding consolidation can provide insights into potential future price movements
I hope this THREAD has helped you to understand the elements of "Price Delivery"
It's a must knowledge you need to study and implement, to understand PA and Market Structure.
RT and FAV to spread this THREAD is appreciated.
3. Bullish PO3:
Bullish PO3 is conformed by;
1. Accumulation: Longs are building up and price is in a range.
2. Manipulation: Market sells of below the range, creating liquidity
3. Distribution: Price expands upwards, breaking MS with strong bullish candles and bullish volume
I hope this THREAD has helped you to understand PO3 (Power of 3)
You can use it in all TF, and use this knowledge while trading $BTC or altcoins.
RT and FAV to spread this THREAD is appreciated.
103 Followers 2K FollowingProfessional Trader Best & Safe Account Management Available If any account running a big loss contact me I will help you Join👉
https://t.co/NzmqJrcnPJ