OK crew, if you've been following my previous XRP "Stick a fork in it" idea, we made some pretty solid moves that really focused on ;
A. Scalps and light profit taking
B. Wealth preservation and keeping the portfolio in steady growth
C. General price directions on the daily, which we nailed gloriously
So moving to the new idea here (bonus if you got the library...
I didn't wanted to share this before,but i feel like i really want to give a warning of an impending flashcrash which will be the last low for a couple of years.
BUYING OPPORTUNITY! - NO FINANCIAL ADVICE BITSTAMP:BTCUSD
May the fortune favor the bold,
That was a pretty gnarley selloff and came earlier than hoped but if you had at least one short bag then maybe you added some stablecoinage to your nut on the cover bounce? but obviously not UST.
These are treacherous time for crypto speculation and the dark pool whales have plenty of muscle to shake most weak hands from their stash.
Some things to consider as...
BTC Flash crash.
As usual, we have not seen a flash crash in BTC Flash crashes in BTC are normal and they always happen.
remember red is money
green is money
everybody is a genius during a bull market but takes skill to make money in a bear market.
These bottom wicks are pretty consistent when it comes to engulfing price action. Expect that area to fill.
Lotta salty bulls right now and I hate to pour more salt but it is what it is.
* * * Not Investment Advice * * *
XRP is the Mavericks of crypto and you don't just paddle out into the swell thinking you're gonna charge into glory. Going over the falls or getting the eternal hold-down is the fate of many who don't respect, or understand what it is. True DeFi is a noble vision but as some have said "they will roll out their tanks" before they let us have our own currency. It's...
I hope you didn't get caught off guard today, I took full advantage of this situation and got some nice short term bounces out of AVAX and SOL.
We had a classic liquidity grab/flash crash combined with bad news, and all the alts got really cheap all of a sudden!
The cryptofluent team got in.
I will keep you all posted on BTC's next move.
Trade safe guys.
It's finished. we see bullish signs but it is not enough the world is upside down and so will the markets be once they catch up to reality.
Flash wicks engulf!!
Been saying this since we had our last liquidation. I'd love to see a "V" bottom and scalp it (possibly Monday / Tuesday) "IF" the SPX 200 EMA holds support and makes a relief / rebound.
Again, NOT investment advice here and DYOR.
Howdy gang... plz thumbs up if you like the chart
quick update to show some simple price action and support levels while bitcoin broke down after a good push from the previous days US open
Clear head and shoulders, recent death cross techincals, long squeezes all contriubting to the bearish price right now, yet no need to panic...
if the level at 37.3K can...
As I've said in previous ideas, those long flash wicks down, tend to engulf and the last long wick was no different as we're seeing trade activity explore the lower breach. I'm neither bull nor bear as I take scalps on any action up or down BUT I see regulatory issues becoming problematic for crypto as a whole and the weight of dark pool liquidity being used to...
BTC Flash crash really took everyone by surprise here. We are now approaching a strong support zone and daily 200MA, I would like to see a bounce here.
Although we wicked down as far as 42k, buyers quickly pushed the price back above this support closing the daily candle yesterday at 49K.
There is potential for us to find a new support trendline just below the...
- Verasity (VRA) is a protocol and product layer platform for esports and video entertainment
- Verasity keeps building since 2017 and has planned to introduce NFT's to their platform during Q4 2021.
- In circulation we have 6 billion coins out of currently 10million possible.
- Total market cap is currently around 200 million and still has a lot of room to...
- Bitcoin is the first of its kind as cryptocurrency using blockchain technology and is looked at a store of value like gold , just better.
- Bitcoin will help the people to bank themselves and gives some power back to the community.
- The whole crypto market follows in some way the movements of the Bitcoin price while being much more...
Hi, yep, we got a dip, sooooooo, I assumed it can be, but thought that it's not a good time for it. As we see, we dipped.
Now, I changed my graph, and as you see, now i think it's a good time to assume that, as our price channel getting wider and wider, price action can become slower, but I can not understand how this theory can work with halving, crisis and...
S&P 500 is forming a rising wedge which will be a nasty drop in all markets if it plays out. I will be looking to buy the dip, but im going to wait till I see a proper bottom forming. With covid, all the money printing and the general boom we have seen in the market lately, a correction is due (might even see a flash crash).
This may also affect the crypto market
We are set up almost exactly like the flash crash we had in March of 2020. If we retested the previous cycles all time high of 20k we could still still consider the move the C wave of wave 4. It kind of would make sense for the big players. There isnt enough volume or confidence in the overall market, and we wont continue this sideways chop forever. We need a deep...