THE CRYPTECH DIARY GAME [06 NOVEMBER 2023] EPISODE 16 || LIQUIDITY AND ITS TYPES

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Hello, Steemit family @Steem4Bloggers! How are you all? Could you tell me about yourself in the comment section? I am very excited to be here again to share today's learning cryptography diary. Today's diary is about liquidity and its types. I will discuss it in detail. You have to be active. Your help means a lot to me. So let's start today's episode without any further delay.

The Cryptech Diary Game ( November 06, 2023 )

LIQUIDITY

If you want to be in this game, you must know where liquidity is. Because "liquidity is what drives the market". Liquidity is like fuel for the movement of the market. The market takes one side liquidity to shoot for the next side. if you are a trader. If you want to be a trader, you must know about liquidity and its concepts.

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Three Types of Liquidity in Crypto Trading

• INDUCEMENT
• TRENDLINE LIQUIDITY
• EQUAL HIGHS AND LOWS

INDUCEMENT

After breaking the structure, the market creates inducement. Before going further down, the market goes up, as you can see clearly in the chart. and then falls. The market takes all the inducement. You should watch some lectures related to inducement on YouTube.

TRENDLINE LIQUIDITY

Price is in an uptrend, and resting liquidity is getting built up under the trendline. Now see how the liquidity is building, marked in the red line. The market will move to take advantage of this liquidity as soon as possible. for further continuation.
So you can enter any market based on trendline liquidity.

EQUAL HIGHS AND LOWS

Equal highs and lows are highly liquid areas also referred to as double tops and double bottoms. Price mainly sweeps these highs and lows and goes in a biased direction.
That's why we have to wait and let the price take out the liquidity before we enter into the trade.

So this is a learning episode for all of you. I hope you will like it. Please support me by upvoting the post, and don't forget to follow me at @hotstolen. For now, take care of yourself. We will meet in the next episode of the Cryptech diary game. take care.