Educational information so you don't let the market get to you 🤕👊🏻
$SIREN $S $SYN
chesster74
·
--
Liquidations Heatmap
$SIREN Recently I discovered a tool I didn’t know about, and I found it super interesting for better understanding how the futures market moves. It’s not a magic formula to make money, nor will it solve all analysis problems, but it’s an excellent educational complement to understand market psychology. It’s called the Liquidation Heatmap. 🤷♂️ What exactly is it? When traders trade with leverage, if the price goes against them, there comes a limit where the exchange forcefully closes their position (liquidates it).
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.