Question: Why do the price do these red candles on the way up? why can't the market just go from 0-100 right away.
Answer: Well, if you ever had this question on your mind, then you don't know how Smart money play. When Smart money "Market makers" decide it's time for an asset to pump, they can simply make it go x10 in a matter of a minute.
But doing so is no fun.. and also no profit.
so what they typically do, is that they drive the price up to a certain level, and during this phase, retailers "You&I.." jump in and buy with them, and then they just sell us a portion of their holdings, cause the price to retrace alittle bit.. also causing some people to think that the price will now go short, and open future short contracts..
then the Market makers will drive the price even more now, to liquidate shorters and during this phase, they are buying the asset from Retailers who thought the asset is loosing value and start panic sell their bags.
that's why they are trillionaires and we are retailers!
🧩 Instructions: (2 English Words) A popular Christmas song or the sound of Santa's sleigh ID : Popular Christmas songs or the sound of Santa's sleigh
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#TIA #TIAUSDT So, what happened now? price is going with my prediction but $5.6 Support zone is still here. If the price break this support zone, the price will fall more If not I will bounce back
LIVE
KIG321
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#TIA Rising wedge RSI Divergence in 4H Volume decreasing in 1D hope to fall Soon at most around $5😂 NFA
Doge 1D chart showing break out and bullish I hope to pump more like red arrow, if not it will be retest to the red quadragle and continue to up trend. We have two Choices, take continuation the market price or wait for retest.
Doge 1D chart showing break out and bullish I hope to pump more like red arrow, if not it will be retest to the red quadragle and continue to up trend. We have two Choices, take continuation the market price or wait for retest.
Caroline Ellison details SBF’s involvement in running Alameda Research: CNBC Crypto World CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Daniel Silva, former federal prosecutor and shareholder at Buchalter Law Firm, discusses the latest in the trial of Sam Bankman-Fried. $BTC