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The Truth Of Manipulation - Why BTC fair value is $0Hi guys, back from the jungles of Belize where I performed my 100th ayahuasca ritual. I have come to some, I think, very valuable revelations which may come in handy to you in the months to come. THE BITCOIN MARKET IS MANIPULATED!!! George Soros manipulated the coin up and now once he’s successfully distributed, it will find a new equilibrium at 0 once it’s banned for causing so much damage. Truth is, a couple of days ago I got liquidated and had to sell my house (which also so happens to serve as my mode of transportation) as well as all of my worldly possessions. The only reason I can warn you now is that I’ve been spiking coffees At Starbucks with laxatives all morning and finally some dumb hipster asked me to watch his stuff while he evacuates his bowels. He even left his bank account logged in but he’s worse off than me if you can believe ($2500 over-drafted), and I haven’t even introduced him to Bitmex yet! The reason for my insights is that it doesn't matter which direction trade you take, the price will momentarily gravitate towards your stop orders to maximise Soros’ profitability. I have therefore concluded that with my last $100, I shall go in an opposite direction: no direction. What does that mean? With my last $100, I shall go 100x short AND long; yes, that's zero risk and infinite potential. I thought I was wrong, or crazy but the ayahuasca elves confirmed that my calculations were in fact correct. My psychedelic meditation has lead me to this exact point to become the world’s first trillionaire, probably by the end of next year so take your autographs while you can! Thanks for reading, the elves also told me that Prince Andrew is guilty, but not in the way you think. He was getting the kids to feed his reptilian mother.
BITSTAMP:BTCUSDShort
by dh17982
13
BTC New Rocket? Sub Daily I am neutral. Daily I am definitely leaning bullish. Analysis: In most of these downtrends with BTC you see several triangle consolidations, and they become more visible with the Heikin Ashi. Right now we are breaking up out of one. Moving Averages: On my 8HR Heikin Ashi I have translated 50+200 Daily SMAs as well as 50+200 4HR EMAs. All MAs are consolidating. The 50 EMA could create a nice rejection off the 200 EMA indicating bullish movement. The Daily 50 SMA was pressed, possibly indicating a reversal. Pivots/Fibs/Support/Resistance: Monthly Pivot was breached but only recently. Weekly S2 was tested and held well. Previous resistance zone 6850 and local Fib might be turned support now. TD Sequential: Daily had a fairly gentle decline, and 8 HR Heikin Ashi put out several bullish indicators recently.
BITFINEX:BTCUSD
by A1phaBoss
GBPJPY SHORT: 3 Harmonic Patterns + Wolfe Wave + PivotsGBPAUD may potentially complete 3 bearish advanced patterns which would all be confluent with a bearish Wolfe Wave setup. To add to the bearish bias, an unhit weekly pivot sits below price. This provides for a nice target since it coincides with .618CD. SL is placed above X. KILL ZONE CONFLUENCE: Bearish cypher pattern completion 2.24AB=CD (cypher) 1.618BC projection (cypher) Bearish bat pattern completion 1.272AB=CD (bat) 1.618BC projection (bat) Bearish crab pattern completion 1.618AB=CD (crab) 2.382BC projection (crab) Bearish Wolfe Wave setup Unhit weekly pivot below price Thanks for viewing and please don't forget to click the thumbs up button and follow for future updates and more trade ideas!
Short
by glennmercer
2