Market is so volatile...I don't recommend longing or shorting this market! However if you are curious ALGO funding rate is negative now! A very ideal zone to long...however if BTC goes downward, which infact very much probable, the price would go down surely! Therefore do your own research! (Already this support is broken, therefore NO TRADE)
BTC chart 4hr chart- Liquidity Taken, pain is over! BTC Chart 1 day chart- Liquidity is in 64k zone! Weekly Chart- I don't think that is on the plate right now!
Educational Chart! Algo has grabbed its liquidity at $0.11 zone! Now what? The rule is simple if BTC is gonna grab it's liquidity at 63k and 64k then Algo will go further down, I guess!
$MEW should ideally dip into the grey zones first—this is based on the 1-hour chart. Just a reminder, this isn't financial advice! Your money, your risk. Meme coins often don't follow typical market or chart trends and are frequently subject to manipulation in either direction.
when traders short they liquidate and grab the liquidity that's how they pass on the ladder! once it is done they squeeze the longs! all u have to do...is going against the commoners game....wait and wait! if u can short the peak boom!