just a curiosity at this stage RSI looks in-line
I have been looking at the big picture and I'm not convinced we'll see a sub 6,000 BTC. At least not yet (?) - Another ballsy hypothesis but this time I have done some basic maths and used basic trading principles around R/S and history (hurrah, must be right then :). - Based on the fact that this last few weeks mimics the December boom I plotted the December...
The trend broke after it didn't make the high (1) took a second dip below the resistance (2) - this would have released trapped buyers which would have been counter to the Stop Hunt Idea- and had to take a call - hence the Neutral standing The key hypothesis was that the market is being influenced and for me, this confirms it. The idea was to see out a scenario...
Why would you buy all that BTC just to sell it at a small profit range? You've just spent millions buying up to 12k only to take a few percent? Reasons for 'consolidation' (time to calculate whether they have enough liquidity to complete the macro trade) over the next few hours: - These are Brits and Yanks and they are having a nap before they reboot the...
Still on track for + 12,000
Here is the 100 drop. Stand your ground - it's all just a game anyway right?!
I'm going long but stay safe folks - stops where needed
www.coindesk.com Negative news coming out - might derail the manipulation - or maybe planned to create more liquidity. I wonder if that guy can lend me a spare trillion? I still think this is not a breakout and will go up - twitter.com
Theory here is this is just a manipulation to fire all the stops, fuel the Market Maker to create liquidity and run up to the end of the month. So far it has been tracking to my crap, rough lines 100%! Alternatively it may drop and my money is stranded here until December+ :))
Theory here is this is just a manipulation to fire all the stops, fuel the Market Maker to create liquidity and run up to the end of the month. So far it has been tracking to my crap, rough lines 100%! Alternatively it may drop and my money is stranded here until December+ :))
This should be the end of teh Stop Hunt - all those who HODL should be now golden - expect a drop in a few days
I'm not a big believer in many published predictions - most are wrong or lucky so take this one with a pinch of salt :) I rate Market Traders Daily on YT and have predicted the following scenario from their historical currency trading data and my own personal take on the MM strategies over the next 3 months. Also, there is a lot of chat about March being a...
Heavy resistance in LTC at $222. Struggling to break through and perhaps holding up BTC?