Bitcoin correction - What can we expect?
Recurring patterns
This is a perfect visual of liquidity manipulation in the crypto market.
A now three time recurring pattern where we see a high, range low, new high, followed by a liquidity run taking out the range low, followed by a run averaging three times the size of the range.
One more time for clarity;
- Range high
- Range low
- Range High get’s taken, people start looking for longs and put stop losses below range low
- Range low get’s taken, all stop losses get liquidated ($$$)
- Now a run 'x' times the size of the previous range starts, until it all starts over.
As you can see this has happened consecutively over the past few months. Counting on history to repeat itself, I'm betting on the outcome shared in this idea.
https://www.tradingview.com/x/AV1V0TkK/
This is a perfect visual of liquidity manipulation in the crypto market.
A now three time recurring pattern where we see a high, range low, new high, followed by a liquidity run taking out the range low, followed by a run averaging three times the size of the range.
One more time for clarity;
- Range high
- Range low
- Range High get’s taken, people start looking for longs and put stop losses below range low
- Range low get’s taken, all stop losses get liquidated ($$$)
- Now a run 'x' times the size of the previous range starts, until it all starts over.
As you can see this has happened consecutively over the past few months. Counting on history to repeat itself, I'm betting on the outcome shared in this idea.
https://www.tradingview.com/x/AV1V0TkK/
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