Here I give a representation on how to draw out order blocks to assist with predicting fast moves on Bitcoin / Stop Hunts.
These order blocks are futures stop loss orders.
Gaps Below - Sell Orders - Leveraged long stop losses
Gaps Above - Buy Orders - Leveraged Short stop losses
Key difference from limit orders - Futures stop losses don’t fill if price is above / below. They trigger only when price CROSSES the order of stop loss.
Below bitcoin currently is a mass amount of long stop losses - which are leveraged SELL orders.
These will fire off like a lightning fast chain reaction and there is no stopping this from occurring. The orders are already baked in the chart in front of our eyes.
These order blocks are futures stop loss orders.
Gaps Below - Sell Orders - Leveraged long stop losses
Gaps Above - Buy Orders - Leveraged Short stop losses
Key difference from limit orders - Futures stop losses don’t fill if price is above / below. They trigger only when price CROSSES the order of stop loss.
Below bitcoin currently is a mass amount of long stop losses - which are leveraged SELL orders.
These will fire off like a lightning fast chain reaction and there is no stopping this from occurring. The orders are already baked in the chart in front of our eyes.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.