I hate when tradingview fucks up and you lose your analysis.
So will rewrite it in short....
I'm spotting a possible accumulation pattern by the smart and stupid rich whales.
I saw it and wanted to publish it before the current pump showed its ugly face.
The dump into a stupid pump just proves that my suspicion was granted and I had read the situation correct when closing my shorts when I saw the dump candle turn into a 80% green one.
But my educated BTC guess is this pump will dump in the end.
Confucius_The_Great
Note
The sudden resilience shown by the whales/btc + the 2 day indicators all rock bottom pretty much is telling me something is up. Under normal circumstances, BTC should have dumped by now.
Last call is in a few days when EMA 21 and EMA 55 crosses. If BTC dont dump there we are looking at accumulation so they got ammunition to dump on us when they pump btc to 14k after finishing filling up their bags.
Note
What we see today is #1 prove that manipulation is crazy through the roof in crypto. Far more than in legacy markets because it is legal here - they don't have to hide it to avoid going to jail.
I saw exactly the same shit back in 2017 many many times.
They use bots to control the whole market like a clockwork. Whoever it is. I even know the timings of most pumps / dumps. And they come as clockwork sometimes and then they break the pattern on purpose to confuse those who are luring how things work and their timings.
I funny enough wrote this "whale accumulation" post yesterday and what happens? From doom dump ( should have been ) to moon pump.
Dont tell me that the crypto markets is not in the hands of the few. Because they surely are :)
( good thing just figure out how their strategies work and think like them! ) And you will become crazy rich.
Enjoy your Pumpo Rino Monday!
I'm sitting and waiting for the timing of the legendary short to present it self.
Confucius_The_Great
Note
Here is a visual of the manipulation for those still learning the game :)
Note
I think we will see an epic dump at the end of this pump. Likely a earth-shattering dump to the downside within after.
Note
Likely an earth-shattering dump to the downside within 14 days after. 14 is a conservative estimate, can happen any day by now.
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