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CRYPTO MECHANIC
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The market is nicely recovering. I hope you held your nerves during that dip my bull frens.
The market is nicely recovering.
I hope you held your nerves during that dip my bull frens.
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CRYPTO MECHANIC
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New week and as always we will have a look at some Altcoins chart. Drop your coins in the comments 👇
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What's the Difference Between Break Of Structure And Liquidity Sweep/ Fake out ? I get asked this question a lot. So I thought to make a post on it and teach you the difference between a break structure and a liquidity sweep. This will help you to identify false market structure shifts and to get on the right side of the trend. A break of structure: (See the chart for example) - Will usually be in the direction of the overall trend you are trading. - It will break a structural point with clear momentum and continue to trade above or below that break depending on if the trend is bullish or bearish. A liquidity sweep: ( See the chart for example ) - Will usually be in the opposite direction of the overall trend of the timeframe you're trading. - The sweep will break out of structure and then quickly trade back inside the structural point that was broken. it can be just a wick and sometimes one candle closes above the structure and then drop back inside it. Keep Learning.
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$BB Consolidating after a move up The chart looks great, If price reclaimed back above $0.7370 ish. think it can go for another move. I'll look for entry one price to above this level.
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Gm 🫡
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I've been giving you continuous updates that Don't chase $BTC at this range high and can only hope you didn't . The BTC chart isn't really that good to trade right now. Give it time, let it give you a clean trade setup.
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