ctrl + f no plg? Piss snake about to go 110k edition
OOOOOOOOOOOOOOOOO
>>59664415i don't understand what these graphs mean please explain
QUICK, OP, DECREASE THE THRESHOLD TO MAKE IT LOOK WORSE/BETTER
>>59664975Same can someone explain this at a retard level of intelligence
>>59664975>>59665012You don't need to actually know anything, except that the green and red snake (goes to right) follows the closest yellow piss line.
>>59664975Lines on chart represent liquidity, yellow means there is a lot. Line above btc price chart = short, line below btc price = long. Exchanges and probbably whales too benefit from traders getting liquidated, they hunt between ranges in an upwards motion, so you can predict some local movements for example a sudden dump or pump.
>>59665023This
>>59665023>>59664975It also just coincidentally happens to follow the stock market to a T.
>>59665028So in this case one might predict an upward swing to liquidate the shorts represented by the yellow horizontal line at 109k?
Goddamn retrads, this is why we can't have nice vertical non dopamine depriving chart
>>59665085Yes, but as you see here >>59665119, bulls are being degenerate too close to price so we might see a pullback and then continue going up
>>59664415I’m pretty sure the 110 piss lines is the market maker that dumped bitcoin to 100k. They appeared immediately after the wick and were never reclaimed, even through price was right up against them. Just watch, they will get pulled before we reach 110.
>>59665338I’m also not entirely clear how these harts are generated desu… if it’s including all sell orders on the books then they would be easier to manipulate. There’s been a few fake outs in recent weeks where I think a lot of us were taking positions towards thick piss lines that were close. They never got hit… but we got trapped. Stay safe is all I’m saying
>>59665119it's pver
>>59665028I have no knowledge of this / TA and I instantly understood, says a lot about these midwits
>>59665119Longs @105k rekt as expected, I think next hunt is for bobos @108k
>>59666545102 is next
>>59665028So if a yellow line is below the price with no yellow line above it, does that mean the price of the coin will sink to that yellow line?
>>59666630You've proved yourself a decisive man so I don't expect you'll have any trouble deciding what to doif you're JUSTED just step in the portal and I will reward with bull run. Otherwise i can offer you a battle you have no chance of winning. Rather an anti-climax after what you've just survived.Time to choose.
