BTCUSD Time 2 Short?Bitcoin vs USDT has been trading at a premium of $200-$300 compared to non-tethered purchases through alternative exchanges such as Coinbase for more than 72 hours now, as traders continue to wait in uncertainty.
While there still seems to be a fair amount of volume happening, the market is signalling a possibility for further downside movement before the month is over. Market sentiment is still optimistic but as we approach the end of year traders may begin feeling less patient and look to liquidate more of their position(s). Taking profits (or realizing a loss) prior to the New Year seems like a viable option for many investors at this stage as we await major developments in the space while lingering near the critical break-even price point for miners.
In the midst of all the fundamentals that are affecting the market right now, we also do not have many bullish technical signs as of this moment.
The market has continued to decline across 2018 and now that we are in mid October the signs are pointing to even more downside. A good target area as of right now is looking between the 72.4 / 78.6 Daily Fibonacci which are near the 6150 and 5000 Price Points respectively. After the most recent spike caused by individuals getting out of their USDT positions, the recent consolidation has also created more selling pressure as the candlesticks wind up with the possibility to mirror the recent big bullish candlestick on the bearish side.
Manipulation
BTCUSD Stream Analysis October 18As discussed on the October 18 IML TV Stream, the market is currently signalling further potential for downside movement.
There are many factors influencing this such as investors who are still holding onto reduced profits who got in the market early 2017, traders who are in drawdown from investing at the beginning months of 2018 and also a massive amount of uncertainty right now throughout the entire space on what the next steps are for the industry.
We are trading at a key structure level, below a quarter point of 6750 and have been consolidating right near the critical level of break-even profitability for miners maintaining the integrity of the bitcoin blockchain.
It would be of no surprise to me to see prices move lower towards the 5500 level. Check out the October 18 recording on the TradeHouse cryptochannel for more insight on this chart analysis as we will walk through it together!
GOLD / DOLLOR - Follow The Big Hands !Hello Brother and Sitsters!
This is My Gift Today for you, as always Take a deep Look at the analysis i made and you will got it ,
absolutely it's became Easy For you to make a decision !! More details There for you to Understand in each idea i share
how you could change the way you think using this concept to Make better desicions an For sure Profitable Trades !
You know know The Target, just Manage your Trades !
An idea: What i Do i divide My Position Size here By 3 and i SELL @ different Prices
GOOD Entry are @ R1 of Daily Pivots 1/3
Seconde entry @ last Supp levl 1/3 and then Last 1/3 after a confirmation
If they Pushed above The R1 i got My Two 1/3 , So i Re-enter @ other Prices after some confirmations
The SEELING PRESSURE THEY WILL CREATE IT ! keep it in your Mind
So You can Manage you Trades us u want , Focus on SELLING !
Thank You
Live Free.
USDT Deposits and Withdrawals Temporarily ClosedDue to USDT wallet system maintenance, we have decided to temporarily close deposits and withdrawals for USDT. We apologize for any inconvenience caused during the upgrade.
When everything has been resolved we will re-open deposits and withdrawals for USDT, please wait for our further updates.
Thank you for your support!
Here is a DAX chart:
DOLLOR / JAPANESE YEN - The Perfect Timing !Hello Brothers and Sisters !
You can absoluty Take advantage From This analysis To make a great desicion and just think to Buy, Take deep look at the
analysis
Best ENTRIES:
Start Buying @ current Price with 1/5 your position, in case They want To push More Bellow previous Support level,
You Buy More with others 1/5 @ different Prices ,
Or The Big hands will not Push anymore, just wait for Buying confirmation after a new higher hight and enter with 2/5 , Then The breakout of Previous Resistance "Strong entry with hight Probability" with the last last 2/5 ( The Breakout= STOP HUNTS= Good Buying Pressure)
So expect From Today To Next Days a Bullish Mouvment ;)
==> Nothing to add Just Manage Your Trades.
Thank you
Live Free.
RIPPLE / DOLLOR - Long terme investment Strategy !Hello Brothers and sisters again !
Here is my Seconde gift for you Today , an investment strategy to Take in Ripple for Long Terme
First Take a deeper look at the analysis everything is clear about what happen mothns ago and what will happen days or months later
I will add Two thing to boost your confidence :
1-
Great Project those are hightlight features:
USES CASES:
Banks and Payment Providers
XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments.
BENEFITS:
Fast Payments settle in 4 seconds. ( Faster than other top TOKENS)
SCALABLE:
XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.*
DISTRIBUTED:
Open-source technology, built on the principles of blockchain with a growing
set of validators.
STABLE:
XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
2-
Market Cap + $ 18 Billion
Circulating Supply 39 935 410 492 XRP
Total Supply 99 991 826 231 XRP
Max Supply 100 000 000 000 XRP
So Tokens are Limitted => Demande will increase in the Future
3-
Know that Risk is Subjective not Two Dimensional.
Where could the price go in the Future ?
When you look at this and you calculate the DownSide Versus the UpSide, it's pretty obvious.
Let's calculate the DownSide First, where could the Ripple price Fall ? $0.4 , $0.3 , $0.1, $ 0 ??! The Real
DownSide in Reality is Very Small.
But What About The UpSide ?
Well, your UpSide is actually Huge!
THE INVESTMENT STRATEFY :
It's Simple
devide your X Cap By 3 or 4 and enter at different PRICE Level
First : entry you can make it After the SELLING PRESSURE ( +Botom level)
Seconde : after brakout level and if the QQE hit the confirmed oversold level JUST BUY, it's a Good entry
Third : For more Selling pressure ( better Price)
I guess you Got it !!
Thank you
live Free!
Market FraudI am Beginning to be 100 percent sure that events in the market are manufactured simply to push the market one direction or the other that is favored by the elite. It is so obvious in this regulatory agency charge against Musk.....
How Ironic that as Tesla is about to make a push and succeed again the mounting Shorting attack again the company..., despite of it is unbelievable success...... Then a perfectly timed charge is published to make a perfectly chart timed blow to the stock to push it against a MULTIYEAR resistance line.... What a coincidence....
I Think those regulatory agency are the FRAUD..... not Musk
BTC short should be right unless the spoofing continues!So everybody has been seeing the obvious spoofing the last few days on bitfinex. So they may be getting ready to pump it to 6840 to go after the shorts that are holding strong and continuing to increase their position. Or they positions may have been forced so big that we will now see the breakout we have all been waiting for. It’s up to the authorities to be receiving complaints before this crap ever gets better so that real TA can be done.
Is BITSEVEN behind this?? Traders you need to make some noise about this!! Come on write letters and make phone calls if your seeing the spoofing and fake buy and sell walls!!
This only stops when we stop it!
BTC is it being manipulated? BITSEVEN EXCHANGE THEFTS!! I think exchanges like BITSEVEN are manipulating the market in order to eat leveraged buys and sells placed on their exchange. The cloud here clearly shows manipulation of the markets. We were in a clear downtrend until too many shorts were placed then suddenly 25 billion enters the market and surprise they force the market up to close out leveraged sell orders that auto sell @ 70-85% loss! Now we will see a correction from manipulation. My personal opinion is that we are actually in an uptrend for a couple of weeks but again due to exchanges like BITSEVEN they crash the market to kill leveraged buys. When you make a leveraged buy at 100X you will auto sell .7% loss in price. When safety buys are in place these are to protect the trader in order to lower the leverage or increase their position; which should equally lower the auto loss sell. The exchange uses A.I. To calculate how much and how fast to move the market and when to basically eat leveraged buys and sells. It’s a game of PAC MAN for them so my final opinion is we will see correction to the low 6000’s then once enough shorts are on the books the SHARKS will drive it up again. Each time this is done they lose support so ultimately we are still up trending. Hold with no leverage or extremely small shorts. Only place leverage buys going up with an auto loss of no less than 6100 or 5000. I dont doubt they could drive it down easily to 5700 but it will be when it suits their need! PAC MAN and your money is the pellets! This is my opinion and not to be taken as any kind of advise! Investing is risky! Don’t use crooked exchanges like BITSEVEN that offer leveraged trades with no control over your stop losses and group your buys and sells all together as one average price! This is not to your advantage! Each buy and sell should be individually managed!
FDP ShortCame up on my short screener as a potential earnings manipulator with poor fundamentals; ranked as 15/62 of the best stocks to short via my screener
Looks like it has failed the cloud and once the CS breaks below the cloud it could really drop quickly
Manage your risk; playing shortside can be dangerous!
gl hf
xoxo
snoop
BTC Cryptocrash and how to profit from itCash hedge, liquidation 25k, keep scaling in from small to high price and let it ride to the ground. The higher the price, the bigger the profit, keep adding positions and cash hedge when need to, preferably futures over swaps.
Regulations coming faster than anybody thinks, goxed bagholders wanting to gtfo at best price possible, especially before end of year for taxes before new taxlaw is passed in Europe.
Crackdown on a) exchanges and b) manipulators (individuals/groups) in the West & East are expected, tether and finex court case still ongoing, asset forfeitures market sold, strict Korean regulation in the making (I don't see Bithumb (with their free fee and rebate structure, with their bots, washtrading and moneylaundering) last, at all) and I could go on and on and on.
No new money coming in, market is contracting (fiat going out), yet this f#cking tethers keep coming back in the market. Complete unsustainable and fake shitshow.
Run or cry later. Accumulate bitcoin, sell all shitcoin (like previous 3 bubbles, they go back to -98% at best and -99.9% at worst from ath).
Contrary to what people believe, regulations will cause the greatest bullrun ever, after manipulators have capitulated and market dumped their bags. You cannot compete vs the central banking system played by Wallstreet, competitors are eliminated by any means.
Play the game or be played.
VET 2 possible profitable scenariosTechnical Analysis of VET revealed that there is going to be trend reversal soon. According to various indicator such as MACD and DMI VET will become bullish in the mid term. Nevertheless, Stoch RSI indicates a small price decrease in the short term which will finish very bullish pattern Inverse Head&Shoulders. This scenario is strengthened by revealed hidden bullish Divergence, as indicator has lower lows edges and the price higher lows.
However in today's BTC manipulated market there can happen a break down it is the second scenario. In such a case there will be typical bearish XABCD which can be used to rebuy at its low and sell at the 1st target.
Probabilities of scenarios:
1st - 70%
2nd - 30%
Free targets, stop loss and buying zone are on the chart
BTC - where is heading in the next daysThose days we had a nice series of higher low and after the double bottom price nicely raised of +20% anyway we are into a bearish rising wedge and approaching to the tight section so the breakout is imminent
Moreover the breakout could happen near the top of the main downtrend channel, the bearish trend we are into from months.
In this setup I'm noticing few things.
rising wedge really tight, near to breakout
price is again near the 'old' upper bearish trendline, which we are into back from February
SMA50 is matching the upper trendline mentioned above
RSI is above 60 (usually a bullish sign)
7400$ weekly resistance tested a bounce back right at 0.618fib
Yesterday the weekly resistance tested was just a quick push, price bounce back a little and remained into the wedge, considering that there is little volume and we are very near to the SMA50 and the upper trendline there is a strong psycological pressure to reach those target, and at that price (7700$-7800$) RSI could reach the oversold status.
Those 3 signals are a potential setup for a trend reversal, so this could be the right time for taking a partial profit.
On the 4hr chart is interesting to notice a possible bearish RSI divergence, and after the resistance test of yesterday the price could retrace a bit but still within the wedge limits: 7080-7100$ the possible bounce back.
RSI divergence on the 4hr chart are fairly strong signals, let's see if this will be confirmed
I traced a possible trend in green with small rises and pullback (like after the rsi divergence) until the target, this could be an healtly price trend but I fear it could develop in something fishy, and I tell you way:
What I don't like is a possible strong manipulation going right under our eyes:
Yesterday shorts position massively staked up to +50% and after a really big transfer of 100 million worth of Tether from cold storage to Bitfinex was made:
twitter.com
omniexplorer.info
To me this is a potential setup for a flash pump in order to eat all those shorts, and the target is right on the 7700$-7800$ region, after that is "no man land". Price could even consolidate from here, but in my opinion this kind of manipulation (if happens) usually lead to an equally strong pullback...we will see in the next days.
In the Crypto Wild West, Cowboys Don't CryCryptocurrency exchanges are the wild west of finance and this week witnessed one particularly violent gun-slinging duel to be discussed.
But first, a look at the market in general. Since the recent low in mid-August around $5900, Bitcoin has rallied approximately 20% to $7100.
This rally has formed a rising wedge pattern illustrated by the blue lines, ignoring the anomaly of the BitMEX maintenance spike - more on this later. A rising wedge is typically a bearish pattern which sees the price squeezing up only to break sharply to the downside. However, the other less likely scenario is a pop out the top of the wedge which is what has occurred in this case.
A pop out the top of a falling wedge is not necessarily a bullish signal as it is commonly a blow-off move which precipitates a sell-off. However, in this case we found really good support with the price bouncing strongly off the upper trend line of the wedge (red circle). So whilst we are receiving somewhat mixed signals from the market, I feel that a break above the black resistance level will allow you to buy with a fair amount of confidence. A break back below the wedge structure will offer a good opportunity to short.
So what caused the big spike? Well, on August 22nd the BitMEX exchange closed for for "scheduled maintenance" and at the time, there were large short positions being held by BitMEX traders. A short positions enables traders to profit if the price falls, but will suffer losses if the price goes up. Those intentionally attempting to manipulate this situation placed large buy orders on other exchanges like Bitfinex, forcing the price up and causing the short positions to incur loses. As short positions are typically highly leveraged and traders were not able to cover their shorts because the exchange was down, this sharp rise caused many shorts to be liquidated automatically by the exchange. Liquidation involves buying back Bitcoin in order to cover the short positions which perpetuated the pump.
These price manipulators drove the price up and were then able to sell at around $7130 pocketing a nice profit, whilst those shorting on BitMEX were left to observe the damage after the exchange reopened.
The moral of this short story is - don't hold positions during "scheduled maintenance" on BitMEX! I'm not necessarily a proponent for tight regulations, but the reality is that if there is no sheriff in town, the outlaws will run amok.
Cowboys don't cry, so get back in the saddle, keep your finger on the trigger and focus on the next trade to ride into the sunset.
Happy trading!
Price Manipulation in Crypto is a thing: Long ETHUSDWhile Bitcoin is toggling between BTCLongs and Shorts, ETH (at least on Bitfinex) is certainly in a "bearish" position. Let's not forget the lockstep that ETH/BTC/XRP have had in recent weeks. Not a lot of positive volume in the last few days. Suspecting things are going to go against what's expected here: Long ETHUSD for the next 3 days. Regarding price manipulation (and the continuing bearish trend): there is a conflict-of-interest here, which we must take note of. Where most people short with 100x margin (BitMex), they are pegging prices of their XBT and USD/other exchange rates to Bitfinex. In the BitMex derivatives exchange, retail traders and many bots are tracking that. Meanwhile, the Bitfinex guys pretty much control Tether and its issuance across the other crypto exchanges. With the upcoming Bitmain IPO (and because crytpo needs to look good for that IPO), prices have been artificial dropped and shorts expanded, potentially, and in concert with some of the large exchanges through special brokered deals between Bitmain and top exchange (potentially). If you look at the volumes, the question is at this point: who are all the sellers? ICOs have been out. With the reactionary nature of crypto, I imagine that the booms are coming after this scare... and those watching charts will probably be surprised as we have a chance of nearing $300 again by the ned of this week.
Then, again, maybe just trade with the crowd?
Let's see how this week pans out.
BTC rebound is comingOn a 1-day scale, the market is too oversold: Stoch RSI has pushed its lower limit and is already starting to rebound, RSI in the oversold area, where it can also unfold. Below meets tight support near the level of Fin 0.786, within the cost of 4800-5000, but to decrease further to these levels without a visible correction of the fall (rebound or flat), the market can not, Bitcoin lost 29% of the value in just 17 days. In addition, the price is not the first time approaching the 6000 mark, it is very important that it does not go lower, which indicates good support at current levels. As long as the daylight candle did not close below this level, we still have chances for a further positive development scenario, otherwise closing the candle below will indicate the possibility of further decline.
Higher lows for the first time since December?????????????With stochastic being so low, and TDseq showing perfect candle #9 sitting at an important support, followed by a good green candle with acceptable Volume we can hope for a higher lows formation (based on closing daily price, for the first time since Dec that the downtrend started. If price can keep going up and breaking the $6800 are this will happen, and we might finally see higher highs, which will be a huge confirmation of the rally starting and fresh money coming in probably!!! If price cant pass ~$6800 it can go down to below $6000, not that it would happen for sure if price cant pass ~$6800 but there is chance of this happening.
Educational: TDseq indicator gives candles numbers, and indicates the trend, red numbers for downtrend and green for uptrends. Look at the previous rally and downtrend we had! Yep, almost a perfect 1-9 counting in both uptrend and downtrend, indicating that happened so fast, and there was such a strong trend. To me having a strong uptrend, even minor, followed by a strong downtrend, doesn't seem to be normal. I believe there is a mix of manipulation and emotions (FOMO and Panic sell), this helps to get rid of emotional investors (referred to as weak hands) which helps to have a healthy rally in the future.
So the most important thing right now is if the price can break ~$6800 area and stay above it or not.
Remember that "The stock market is a device for transferring money from the impatient to the patient."
Garyreza (@Analytca)
ETH good level for open long-term trade#ETH
Ethereum at current levels looks very good for long-term purchases, but in the short term, before building a new wave of growth, the market can survive lower (we have already seen such behavior of prices among crypto-currency assets). The possibility of plum before the beginning of growth is due to manipulative influences from the major players, no one will give up the opportunity to buy the top asset at an even lower price. Artificially, the price can be lowered to 330-340 (possibly up to 320), it will be extremely difficult to lower below, in any case, such a drawdown is possible for an insignificant and short term, since the technical aspects and popularity of the coin itself will not allow for a long time to be oversold, and specifically with Ethereum it is not profitable for anyone. In long periods, ETH has a very good chance of touching its absolute maximum and eventually overcome it. Pay attention to the asset from the current levels, but do not forget about the possibility of a speculative decline in the global market as a whole, which will also affect Ethereum.