The Secret BTC Manipulation Strategy Of The Whales Exposed?
Updated
Hey trading buffs, I'm just gonna go through the pattern Whales run to get a market going the way they want to profit. There is a great article that goes through this in depth if you simply google: The secret trading strategy from the 1930s
On my chart here, I am showing what this process looks like if currently this has been the case.
Today I think it is really clear, especially when looking alongside the RSI indicator, and the sharp dumps that occur.
I have a red area on the RSI highlighting the start and finish of a manipulation pattern. You can see this pattern clearly on the RSI. This is a time sensitive thing, meaning that actual red shaded fill i can drag to any of those similar patterns prior and it fits start to finish nicely / or pump to dump nicely.
I put the process in the note there on the chart, but simply saying; The manipulator(s) dump (shake out weak hands)...than they build buys as they start their buy lines (bottom of consolidation), making more buys up to influence price drive in the consolidation towards the consolidation top... They feel out the public response on the drive, seeing if the public want to run...they give it a pump at the top to get out of consolidation and try get it running (they actually gave it a nudge the other day as seen on the past candles to break out, but no public drive to follow)....it gets to the end of this manipulation drive pattern (red fill area on chart) so time to repeat process... they shake out weak hands again & REPEAT.
It is to produce a bull run of course, which as any pro trader says starts from good rumours, and sells on the good news. So the Question for us none whales is: when it runs, We have an idea what the rumours are, but what is the fantastic media coverage news going to be that we start to sell on? News that will beat last years gold rush to get the retailers interested again? Can only be institutional cant it?
On my chart here, I am showing what this process looks like if currently this has been the case.
Today I think it is really clear, especially when looking alongside the RSI indicator, and the sharp dumps that occur.
I have a red area on the RSI highlighting the start and finish of a manipulation pattern. You can see this pattern clearly on the RSI. This is a time sensitive thing, meaning that actual red shaded fill i can drag to any of those similar patterns prior and it fits start to finish nicely / or pump to dump nicely.
I put the process in the note there on the chart, but simply saying; The manipulator(s) dump (shake out weak hands)...than they build buys as they start their buy lines (bottom of consolidation), making more buys up to influence price drive in the consolidation towards the consolidation top... They feel out the public response on the drive, seeing if the public want to run...they give it a pump at the top to get out of consolidation and try get it running (they actually gave it a nudge the other day as seen on the past candles to break out, but no public drive to follow)....it gets to the end of this manipulation drive pattern (red fill area on chart) so time to repeat process... they shake out weak hands again & REPEAT.
It is to produce a bull run of course, which as any pro trader says starts from good rumours, and sells on the good news. So the Question for us none whales is: when it runs, We have an idea what the rumours are, but what is the fantastic media coverage news going to be that we start to sell on? News that will beat last years gold rush to get the retailers interested again? Can only be institutional cant it?
Note
ALSO dont mind the other notes, lines and fills on this chart. It is my actual chart with all my scribble on it from analysis so all that junk is irrelevant...Just looking at the red shaded fills, and the RSI pattern
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