This chart shows levels at which people entered short and the levels at which they liquidate using 10x leverage on BitMEX
Blue boxes short entry
Red boxes liquidation level
Volume profile indicator seen on the left was used to determine this.
WHITE - BUY VOLUME GREY SELL VOLUME
Life is full of coincidences right? Look at how quick liquidation levels are reached after shorting the bottom Then look how quickly the price drops again afterwards.
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If you noticed the Dynamic RSI indicator at the bottom, Yes it indicates buy and sell levels and supports alerts. For more info please head over to this Telegram channel for details on how to obtain. t.me/cryptorhythms
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