Last dump make me disbelieve of this coin, but I still want to create assumption and conspiracy theory:
1. QTUM very big bag holders made agreement with Whales to pump it which that is: They will pump if they can buy in very low price (Pump cost - dump cost = profit)
2. Whales put buy order at low price
3. QTUM bag holders dump till reach the target price which whales asked
4. Whales pump immediately
5. Now whales strict on TA to do resistance breakout
1 - 4 is automatically by bots algorithmic.
EagleCryptoWorld
⋅
@anonycoin,
You're right at your words but I always have different perspectives
I solely believe on TA with slight believer of FA too.
The last dump happens only at #Binance but I selected #Bittrex to draw the chart because I was aware (50%) it will be in control of whales soon.
The last big dump cannot make the price to close below that triangle at #Binance too.
anonycoin
⋅
@EagleCryptoWorld, what do you think about the purpose of last dump?
EagleCryptoWorld
⋅
@anonycoin, I never let myself be confused with such activities
Whales may be the reason or a group of large investors wants quick gains, or something else like that bots, etc.
I often don't set any stop loss in such cases as did not used it during last dump as well because I dont want to be a victim of stop hunts, most of my followers also dont use it.
We have multiple examples for such dump in this year like #ARN, STRAT, #WAVES, GRS, #CMT and more all happens at #Binance
anonycoin
⋅
@EagleCryptoWorld, I bought at 0,000669 , should I sell it and wait it goes down ? I will not blame you on any advice you give me, don't worry.
EagleCryptoWorld
⋅
@anonycoin, I never advise anyone to sell that I personally holding
1. QTUM very big bag holders made agreement with Whales to pump it which that is: They will pump if they can buy in very low price (Pump cost - dump cost = profit)
2. Whales put buy order at low price
3. QTUM bag holders dump till reach the target price which whales asked
4. Whales pump immediately
5. Now whales strict on TA to do resistance breakout
1 - 4 is automatically by bots algorithmic.