This looks a lot like the market maker sell model, expecting this low to be taken out for a liquidity hunt. Big players need to load up. This low contains lots of liquidity. You can follow our crypto positions using our crypto signal scanner in the comment.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.