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Liqudations / BID & ASK (Perfect for Scalping & Swing Trading)
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YouTube: https://youtube.com/@tradersindicator
BookMap shows BIT & ASK orders which also push the price in one direction or the other.
| Heatmap: Liquidation Heatmap are estimates of potential price levels where liquidation events may occur. If a trader knows the locations of other traders' liquidation levels, it may provide an edge, similar to how knowing the where other traders' stop losses are. Hyblock assists traders with this information by attempting to predict price liquidations levels where large liquidations may occur. These liquidation levels are based on clusters of price points where highly leveraged traders open long or short positions. The heatmap in particular, groups price levels into larger buckets and shows the lowest granualirty, allowing users to see clusters of liquidation levels easier.
| Liquidation Levels: are estimates of potential price levels where liquidation events may occur. If a trader knows the locations of other traders' liquidation levels, it may provide an edge, similar to how knowing the where other traders' stop losses are. Hyblock assists traders with this information by attempting to predict price liquidations levels where large liquidations may occur. These liquidation levels are based on clusters of price points where highly leveraged traders open long or short positions. High leverage is identified as 100x, 50x, and 25x leverages used for both long and short positions
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!Bubbles!
Blue - 25x Short Liquidation
Light Green - 50x Short Liquidations
Dark Green - 100x Short Liquidations
Pink - 25x Long Liquidations
Red - 50x Long Liquidations
Orange - 100x Long Liquidations
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