Learning indicators: Lux Algo BuySide & SellSide Liquidity
Updated
Bad example because BTC will go up, but if...
After this candle made(40600 again), we can make limit order to buy.
-> So as soon as it reaches the low(40600) it is confirmed that it will LONG ??! And than the only fib corresponding a trend line is 4.268:) and this is ca.61k, which is quite reasonable -> retrace needed before all time high :)
Fib 1.618 fib of whole swing + sellofswing + lines up with strong support on 37716.
So to make a prediction: run to 61k and tran retrace to 37716:)
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After this candle made(40600 again), we can make limit order to buy.
-> So as soon as it reaches the low(40600) it is confirmed that it will LONG ??! And than the only fib corresponding a trend line is 4.268:) and this is ca.61k, which is quite reasonable -> retrace needed before all time high :)
Fib 1.618 fib of whole swing + sellofswing + lines up with strong support on 37716.
So to make a prediction: run to 61k and tran retrace to 37716:)
Please comment...
Suggest additional indicators...
Note
-> So as soon as it reaches the low(40600) it is confirmed that it will LONG and fib 1.618 corresponds with strong resistence line 48.5 kwhich was already the target and 4.268 is 61k which is last target before retrce to 37,5k. And then IT begins.
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