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$SPK Brother Liang will speak plainly to you: I’ve figured out this market’s script!
Right now, whales/traders are all making money on long positions, while shorts are all losing, indicating that the market is being controlled to push prices higher, and the short sellers are being pressed to the ground.
Next, the market maker will definitely shake out a wave first, forcing retail traders who chase high to exit, while also causing short positions to be liquidated, then push to new highs.
Trading strategy:
Buy on dips around 0.048-0.05, set stop-loss at 0.046, risking at most 5 points.
First target is 0.058, second target is 0.065, offering a 15-20 point range, maximizing risk-reward!
Don’t chase at the top; a pullback is the market maker’s gift to buy in. Follow this main upward wave, don’t wait to eat the gains!