How Spotting Liquidity Can Help Your Trading StrategyUnderstanding where liquidity exists in the market can help enhance your trading success in a few ways:
1. It can help you understand where potential blocks of liquidation could occur. The market is often attracted to these block and will liquidate there.
2. It can help you confirm patterns that exist on you charts
3. It can help you spot new patterns which you may not have spotted previously.
Let's take a quick look at the "Liquidity Swings" indicator by LuxAlgo in this video.
Popcat
Altcoins Warming Up! Here Are Some Picks.Traders,
We knew it was coming. We knew alts were nearing their bottom and would heat up soon. We knew we would start to make and take massive profits like we did on one of our trade exits today (+64%). WE DID NOT KNOW THAT AN ASSASSINATION ATTEMPT ON FORMER PRESIDENT TRUMP WOULD START IT ALL. But this appears to be exactly what happened because prior to the attempt the former president had been vocalizing full support of Bitcoin and crypto. The big dawg (BTC) has led the pack strongly and I believe we are just beginning to see the start of our second leg up in the altcoin space.
In tonight’s video, I am going to cover the current hottest alt and meme coins in the list that I track. We’ll do some quick technical analysis and I’ll give you some possible entry points and strategies as well as some final targets for swing trades.
Paid subs, know that in the future I will probably be picking up one or two of these coins. Also, should my proprietary indicator continue its current success rate, I may share a special post about what this is and how I utilize it. Be on the lookout for these future posts and more. Enjoy this week’s video on a few of the hottest altcoins for this mid-July.
POPCAT ranging - neutral price action - Wait for confirmationI created this Video because after publishing the analysis on twitter(x), I received many angry and overconfidence replies. Which should make one cautious if the sentiment is ridiculous.
Let us have a look a the Market Structure and how we would approach here.
BOME & POPCAT ANALYSIS - A Clue To Bitcoins Price Action...I've been experimenting with these recently introduced coins to gauge if they offer insights into Bitcoin's future price movements.
Currently, there's a possibility that all three could trend downwards. It's prudent to acknowledge that we might still be in the midst of corrective phases in these movements.
For now, my stance is bearish unless there's evidence to suggest otherwise.
POPCAT - This Pussy Won't Be Down For Long...Regarding POPCAT, whether it's related to cats or not is irrelevant to me; my focus lies solely on profiting from chart analysis.
Despite my lack of research into this particular cryptocurrency, my perspective remains clear. It could very well be a sanctuary for homeless cats, for all I know.
What I can say is that we're observing a nascent coin poised for a rebound.
While I'll provide all available information, it's important to acknowledge the speculative nature of this market, especially considering the limited timeframe.