StaticCommando

Manipulation Analysis "Whales and their luggage carriers"

Long
BITFINEX:BTCUSD   Bitcoin
Good afternoon my fellow traders. I noticed a trend in the market a few hours ago and just recently found the time to give you an update. While I'll admit that I thought we were done bouncing off this 6050-6150 range and were headed below 6000 again but something happened that I didn't foresee. An ocean swell from the southeast brought in a huge fresh batch of plankton. They set up ladder buys and long positions all the way up to the 6500 area. Unfortunately these plankton weren't aware that Moby Dick even though having just ate a ton of plankton the night before was still circling this area and spotted them. They're called whales for a reason folks, they gorge themselves regularly. I tried yesterday with my previous analysis to warn would be chumps and marks about the potential of getting squeezed out of all of their positions by these creatures but they didn't listen. To my own bad, I only addressed chumps and marks yesterday and forgot to mention bag holders. They usually appear en masse right as the market is fresh out of chumps and marks. Even though bag holders sometimes are unforeseen, they are the last line of defense and are sure to fill the whales bellies so they can saunter off into the horizon and give us clear seas as we sail our way down back under 6000. Thanks for tuning in folks, don't forget to leave me a like, or a follow, or both!
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