Hello traders.
A growing concern for the cryptocurrency community has always been a drastic need for regulatory processes to circumvent price manipulation, which unfortunately clashes with the fundamental principal of decentralized, autonomous transaction that BTC was built to facilitate.
There have always been those who find ways to manipulate price and despite all current efforts, continue to do so for profit at the expense of speculators worldwide.
Do these high volume candlesticks provide any evidence to warn traders against possible manipulation on the horizon?
Stay tuned for updates.
-zm
A growing concern for the cryptocurrency community has always been a drastic need for regulatory processes to circumvent price manipulation, which unfortunately clashes with the fundamental principal of decentralized, autonomous transaction that BTC was built to facilitate.
There have always been those who find ways to manipulate price and despite all current efforts, continue to do so for profit at the expense of speculators worldwide.
Do these high volume candlesticks provide any evidence to warn traders against possible manipulation on the horizon?
Stay tuned for updates.
-zm
Comment:
Birth of a scam wick?
Comment:
I believe that in order to obfuscate manipulation algorithms producing patterns will try and hide the maneuver and it will be contained within a region that is not possible to hide. Therefore, the obvious solution by those with large liquidity would be to produce patterns in such a way that will prevent the majority of traders, mostly losing traders, to execute winning trades. Thus if this region is identified successfully, the biggest move (in history perhaps) can be acted upon accordingly.
Comment:
Unusual low timeframe candlestick with high volume doji candlestick.
Comment:
For those interested in pursuing an ongoing and unbiased trading / technical analysis room, feel free to DM me. Targeting this next region enclosing the expected manipulation move would be the goal, but discussion of all financial instruments will be encouraged and the chat will be catered to progressing individual trader ability, not financial gain, so partaking in bear/bull mind games will be forbidden. With that in mind, the chat will be exclusive to 10 members as of now, and can be expanded to include more should there be a spike in interest.
Comment:
CONCLUSION:
High volume orders are most frequent at areas of value, mainly support and resistance levels. So it makes sense to imagine those levels would be contained within a range that is controlled by what appears to be typical. Asking for the reason a scam wick is even commonplace here helps to strengthen this idea by empathizing with market manipulators.
What may one do with this power to disrupt market activity? Hide the actions within false trading activity in which painting the price occurs on a massive scale by targeting methods of analysis. It becomes difficult to accurately draw a trend line if the highs and lows are controlled at the most popular and congested levels of activity.
Volume is the biggest tell in this possible explanation. Buying and selling over and over algorithmically is not enough, what if they were to paint the tape by spanning orders over the course of all our most commonly traded timeframes in order to prevent any one timeframe from remaining as profitable or as devastating over a designated period of time essentially never leaving money on the table when manipulation occurs.
High volume orders are most frequent at areas of value, mainly support and resistance levels. So it makes sense to imagine those levels would be contained within a range that is controlled by what appears to be typical. Asking for the reason a scam wick is even commonplace here helps to strengthen this idea by empathizing with market manipulators.
What may one do with this power to disrupt market activity? Hide the actions within false trading activity in which painting the price occurs on a massive scale by targeting methods of analysis. It becomes difficult to accurately draw a trend line if the highs and lows are controlled at the most popular and congested levels of activity.
Volume is the biggest tell in this possible explanation. Buying and selling over and over algorithmically is not enough, what if they were to paint the tape by spanning orders over the course of all our most commonly traded timeframes in order to prevent any one timeframe from remaining as profitable or as devastating over a designated period of time essentially never leaving money on the table when manipulation occurs.