OUTSIDERTRADER

OUTSIDERTRADER

Looks like a beautiful painting!! I'll NFT this review when I'm over the moon! Well... we've reached the predicted bottom of "BTC - WHEN MOON?" Publish. The bottom is around 17k to 15k. But we cannot say that BTC is ready for the moon yet. He needs to confirm accumulation to reach more Historic Tops and the quality of this accumulation will tell us how far it...

OUTSIDERTRADER

This is an educational post. In this Micro Structure we can see all the Accumulation Phases of wyckoff. Notice the moment when the smart ones realize that the market has already reached the bottom and start buying without any sellers, they slowly buy, absorbing small sell orders, they consistently move in one direction.

OUTSIDERTRADER

Technically this is the structure I'm looking for, confirmation should come with the secondary test (ST). But, my feelings tell me we haven't hit bottom yet. I speculate that the loss of the 20k support will make this accumulation happen with the Selling Climax (SC) hitting the 13k support, eventually with a BearTrap touching 6k.

OUTSIDERTRADER

Well, I've been waiting for this Bear Market for some time. Let's see when we can accumulate more BTCs again. The normal pattern of BTC is to rest on previous highs for a while, collecting accumulators and eventually dropping into a congestion zone forming a BearTrap, then turning on the Bullmarket button again. In fact, this is a reality for most assets, of...

OUTSIDERTRADER

There are several ways to analyze graphs, I do not intend here to say that one way is better or worse than another, nor that it is more right or wrong. I am presenting in a very summarized way how I do my analysis and forecast First, see the chart in the form of traders, not as something scientific with mathematical drawings. To understand what the market will do...

OUTSIDERTRADER

It is a very Unique Pattern Formation on BTC this year... But I always like to think against the consensus. Take a look at volume for a while, can you see any sign of power in this last Dump ? Looks like there are just a few traders Selling, maybe the ones that bought in last Pump. So I am all my eyes in This Support now. As I understand this speculation...

OUTSIDERTRADER

As suspected on last Post, we may experience a Drop on BTC and cryptomarket soon. So in this Scenario, BearMarket hits BTC to 30k, than Pump a Bit and stabilizes bettwen 20k / 13k. But we never know...

OUTSIDERTRADER

I still think it will test this last bottom at 40k again before Moon, if it happens so ... look for a fund reject signal and ape in. The 53k resistance needs to be overcome otherwise we would be forming a right shoulder and this may not be very good, a trap signal in this zone (at "x" - The Moon Fail) would set a short protection position.

OUTSIDERTRADER

It might goes under 50K for BearTrap Before Moon again... Things should get more intense in december.

OUTSIDERTRADER

Looks like a good entry point by the way After Accumulation... Elliot 1 2 3 4 5 waves... now A B C waves... Free to go

OUTSIDERTRADER

Wyckoff says: " Smart money comes in with consistent volume, low spread and directional movement "

OUTSIDERTRADER

Well, Sometimes I get it right. between the 11th and the 12th of July, the price will be around 28k And then a V pattern (like a hammer pattern)

OUTSIDERTRADER

Completed phases A, B and C. For the start of phase D, a signal of strength is expected (SOS). This will occur when entering volume on the upstroke. The average with volume in this case should exceed the average without volume. Keep on wacth!

OUTSIDERTRADER Updated 

LAST BEARTRAP LINE MISSED. + INCREASING VOLUME Still waiting for a BearTrap at Bottom

OUTSIDERTRADER Updated 

GOOD VOLUME AT THIS BEAR TRAP!! SEE HOW IT GOES FOR 31K TEST : IF THE BEARTRAP TEST CONIFRM, STARTS AGRESSIVE ACUMULATION, OTHERWISE MAY KNOCK IT DOWN

OUTSIDERTRADER

Hello Darkness my friend...

OUTSIDERTRADER

At first, we have to understand that Bitfinex doesn't concentrate most of the market however nowadays arbitrage bots reflect orders almost instantaneously, causing the market to converge on data information. On the 4-hour chart we can observe a distribution starting around 1:00 on the 26th of April and extending to the 11th of May. The famous "Sell In May an Go...

OUTSIDERTRADER

We will never know: Is the player alone in Bitifinex ? It is happenning at anothers Exchanges ? He could be playing at futures as well, been long at one perpetual, or a option contract. We can't know. that. The only thing we can do is Speculate about, and There it is: At First, we have to understand that he took the distributed market and applied a bilateral...