If you look at the 4h Bitfinex chart, a dragonfly doji (possibly clearer on other exchanges) completed. The very next minute on the 1m chart, a large sell order with a long wick candle appears. This looks like some whale fished for stop losses immediately after a short-term buy signal.
This is moreover a moment of low volatility with the TTM squeeze red for several candles at 15m, so it's a decent bet there are people with trades ready to trigger close to either side hoping to catch a break up or down.
Moral of the story: be careful about putting your stop losses too close to the current price.
I'm an amateur at this and you should definitely not take what I say as financial advice. I'm always trying to learn more and would love any feedback.
This is moreover a moment of low volatility with the TTM squeeze red for several candles at 15m, so it's a decent bet there are people with trades ready to trigger close to either side hoping to catch a break up or down.
Moral of the story: be careful about putting your stop losses too close to the current price.
I'm an amateur at this and you should definitely not take what I say as financial advice. I'm always trying to learn more and would love any feedback.
My volatility-based indicators are available for sale at SharkCharts.live
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
My volatility-based indicators are available for sale at SharkCharts.live
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。