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Unlock the Secrets of Stop Loss Hunts in Crypto
Unlock the Secrets of Stop Loss Hunts in Crypto
In the crypto world, stop loss hunts are a common tactic used by market makers to shake up the market. 🕵♂ Their goal? To hunt your stop loss and push you out of the trade.
Stop loss hunts can occur in various ways:
Single Wick Hunt: A classic move to target late entrants. Market makers hunt them, then the market resumes its course.
Manipulative Hunt: During news events, market makers hunt in both directions, creating doubt among retail traders.
3-Step Hunt: This type involves three back-to-back hunts, each followed by a period of stability. Chaos reigns among retail traders, leading to liquidations and lost confidence.
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