Ethereum Manipulation Zones
Updated
WARNING: No sheep allowed. This one will ruffle a few feathers....
Ethereum and many other assets have been going sideways for over 36 hours now and will very likely continue to do so until the New York open. Trading experts would have you believe there is 'indecision in the market' or that the 'bulls and bears are fighting for control of the market'. Absolute nonsense - don't fall for it!
Whenever you place a trade on a crypto exchange, you are not entering into a transaction with Dave from London or Lee in Hong Kong, you are dealing with a market maker who is there 24/7 to take your order. If you go long on any asset and the price goes up 5% then the market maker is down 5% on that trade. Conversely, if the price goes down then the market maker is in profit. Whatever price you decide to buy or sell at, the market maker is always there to take the other side of your trade. All of that comes with a risk and expenses for the market maker, so what's in it for them? Quite simply, they get full control over the movement of price up or down. I can go no deeper than that on this platform and I will leave it there.
So, let's discuss what the market maker may have in store for Ethereum traders today and into the weekend. Well, we have seen quite a big push higher and then a levelling out. It is no surprise that a potential 'Bart' pattern can be seen on the chart.
Do you think there is an army of 'bulls' and 'bears' behind their keyboards fighting each other for control of the market and miraculously every week, month after month their battles appear as a 'Bart' pattern on the charts of every single crypto asset? Really?
Do you think that the banks, hedge funds and other institutional investors have the exact same trading methods as the degenerates trading Doge, Ape, Axie and hundreds of other altcoins and that the Bart pattern magically appears on their charts at the exact same time of day? Come on - THINK!
The New York open is where the market maker does most of his dirty work and today he will create uncertainty by taking price to a level where it will be equally valid for traders to go long or short. Moonboys are still hyped about the big rise in prices since New Years Day but the more experienced 'pro' traders will have spotted the potential 'Bart' pattern and absorbed all the FUD in the news about the pending crash. There will likely be a similar number of traders going long and short but they share one very important thing in common. They all have stop losses or liquidation points and the market maker knows exactly where every single one of them is.
If you were the market maker and wanted to make the most possible profit - what would you do? I will leave you to think about that one.
Ethereum and many other assets have been going sideways for over 36 hours now and will very likely continue to do so until the New York open. Trading experts would have you believe there is 'indecision in the market' or that the 'bulls and bears are fighting for control of the market'. Absolute nonsense - don't fall for it!
Whenever you place a trade on a crypto exchange, you are not entering into a transaction with Dave from London or Lee in Hong Kong, you are dealing with a market maker who is there 24/7 to take your order. If you go long on any asset and the price goes up 5% then the market maker is down 5% on that trade. Conversely, if the price goes down then the market maker is in profit. Whatever price you decide to buy or sell at, the market maker is always there to take the other side of your trade. All of that comes with a risk and expenses for the market maker, so what's in it for them? Quite simply, they get full control over the movement of price up or down. I can go no deeper than that on this platform and I will leave it there.
So, let's discuss what the market maker may have in store for Ethereum traders today and into the weekend. Well, we have seen quite a big push higher and then a levelling out. It is no surprise that a potential 'Bart' pattern can be seen on the chart.
Do you think there is an army of 'bulls' and 'bears' behind their keyboards fighting each other for control of the market and miraculously every week, month after month their battles appear as a 'Bart' pattern on the charts of every single crypto asset? Really?
Do you think that the banks, hedge funds and other institutional investors have the exact same trading methods as the degenerates trading Doge, Ape, Axie and hundreds of other altcoins and that the Bart pattern magically appears on their charts at the exact same time of day? Come on - THINK!
The New York open is where the market maker does most of his dirty work and today he will create uncertainty by taking price to a level where it will be equally valid for traders to go long or short. Moonboys are still hyped about the big rise in prices since New Years Day but the more experienced 'pro' traders will have spotted the potential 'Bart' pattern and absorbed all the FUD in the news about the pending crash. There will likely be a similar number of traders going long and short but they share one very important thing in common. They all have stop losses or liquidation points and the market maker knows exactly where every single one of them is.
If you were the market maker and wanted to make the most possible profit - what would you do? I will leave you to think about that one.
Note
They are starting early today and have already taken out the stops and liquidation points of many longs. Now to entice traders to go short prior to the NY open. If that happens, we will see a stop hunt low and then a quick move higher out of manipulation zone 1.Note
Guys, if you have never done it before, get yourself onto the 1 minute chart for ETH or BTC at the New York open. If the last two hours are anything to go by, it will be amazing to watch. Record it if you can for educational purposes. They have absolutely hammered the longs so now it's time to liquidate the shorts. Enjoy...Note
It's just supply and demand. The bulls are fighting the bears. The whales are active. ROFL - Classic market maker manipulation at the New York open.
Note
100x and 50x shorts have been liquidated.....working on the rest now.Enticing some more longs now. The moonboys have seen that big green candle and it's going to the moon.
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