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Marketmaker

BTC - Wicks * do you remember that old fashion "coin table" game commonly found at carnivals, restaurant , festivals? Yup, that thing you drop quarters into as it slowly pushes teetering coins to obvious profit unseen profit. This is it fun gag at carnivals, where 5 min of wonder of how the coins don't obey the laws of known physics is it's nominal attraction I'm going out on a limb here - posting this before it happens- better said *if * it were to happen.. The structure in the chart is weak - and I only expect the big point C.) move upward (seen in this chart) because it's the weekend and contemporary markets are absent from showing contrast e.g. SPX moving downward is an obvious factor for nascent though cutting edge crypto price action , I could easily see price moving $500 -$1000 in less than three minutes in either direction to shake out any profits from any position at any time (this is represented by the yellow arrows (wicks=fake 30 second markup/markdown) * BTC isn't the easiest thing in the world to trade long or short, as in any unregulated market I need to get market maker could push the price up to liquidate shorts and shake out longs consistently with wicks. Sometimes I wonder why I am interested in trading BTC, I consider possibly it's the price action I know best because I've watched it intensely for thousands of hours, and then I think to myself maybe it's the promise it holds that I do believe in... I like its volatility, catch 22, and always expecting volatility it's possible one can see things in the chart they are not there (just referencing past action that only happens sometimes) * recently I lost thousands of dollars in a BTC trade where I was literally precisely correct about price action, however a fake 30 second un-revisted Wick per the "BTCbolome" narrowly robbed me of 10x P&L, and gifted a 3x drawdown from "fake" wick Price action aka- market maker/exchange shakeout I'm putting this forward obviously not to complain, (I know what I'm getting into with each trade) just to share a honest and common experience by many, and that's (1.) one reason why BTC has decreased in trading volume for over six months- players leave a game when they can't win when they're right and lose when they're wrong.
EIGHTCAP:BTCUSD
by kiddbitcleveland
GOLD - Pullback / Then PumpI find it interesting how charts (when accurate) can ostensibly predict the future, a two dimensional image forecasting a four dimensional world of human psychology.. If this chart is accurate (and the reader must know this chart may be entirely wrong as it is essentially speculative) there will be something in the news / some some catalyst that offers explanation for this price action.. Sometimes I wonder if it's the chicken or the egg, as in did the news itself cause Price action, is the news merely a proxy for causation, or maybe it would've happened without the news? I don't know, it's an obvious paradox Good luck and best regards
OANDA:XAUUSD
by Joseph_MG
BTC - Is there Really Demand right now?Admittedly bitcoin could move upward, however the trend for the last four months has been by and large a series of bulltraps / and beartraps - market makers exchanges etc. Ostensibly push the price upward just passed a logical area of resistance and sell off. This chart poses the possibility of the "Bart Simpson Pattern" aka swing failure - aka "pump and dump" I pose the question in the title: "is there really demand right now?" This crosses my mind as if I was a whale and was going to buy a lot of bitcoin, I would've bought it 3 to 5 days ago, and I would be at least selling some of it as the price is going up now along with miners ect. (if I bought it on spot) - however in futures- if I was a market maker, mining cartel, long time holding whale- I would use some of my own bitcoin as collateral in futures and I would mark up the price myself with high leverage(long futures contracts), as the price increased I would slowly sell into it via spot, then I would short in futures- I'd win three ways (..wait, Whaa?! three ways? is that even possible) This is all speculation based on my perception of what I would do to use my advantage in the market. Good luck best regards
SAXO:BTCUSD
by Joseph_MG
2
ETH - you rascal I find drawing trendlines are almost always accurate in the long run predicting price action (sometimes in the short run it's extraordinarily accurate as well) add Fibonacci and a lil experience and I would put this chart at 70% accuracy. Plus the market maker(s) exchanges are not giving free money to shorts. * is anyone could see this chart is entirely speculative, and *should not be traded around****, yet if Ethereum Price action is following this pattern generally feel free to use this as a reference. Good luck and best regards
COINBASE:ETHUSD
by Joseph_MG
BEARISH and UP - Long and Short?Using the Fibonacci and harmonic patterns , this seems plausible as market makers etc. are motivated to wiggle profits from shorts (free money isn't given to anyone) Definitely don't trade around this pattern it's completely speculative, however if BTC generally follows this price action use this as a reference Good luck and best regards Feel free to look at some of the other harmonic patterns I've put forward (before and after charts) many are extraordinarily accurate, and some were entirely wrong. Good luck and best regards
FOREXCOM:BTCUSDLong
by Joseph_MG
EURNZD Sell Entry TypeThe price structure remains bearish, and respect the LH of the Points of Interest (POI), so we will follow the downtrend in looking for sales until you reach a possible weekly reversal zone (1W). As we see before the (Break of Structure) , the price accumulates in a 4-5 day range and breaks downward structure and creates a liquidity zone which will be broken by the (Market Makers) . As always, when I see the liquidity zones, I look for Order Blocks positioned above the zone of liquidity, and take less risk of hitting my Stop Loss (SL) .
Short
by BRWGTRADING
SILVER ! Price in the shopping area. Purchase from supportSilver is trading within a large trading range between the 24 and 25.6 levels. After a strong growth, the rollback is relatively shallow. This situation can be called a correction rather than a change in trend. The price enters the local trading range between the levels of 24.5 and 25.5, but there is a descending resistance level ahead. I expect a pressure formation to resistance and a breakdown of the local level I expect from silver: breakdown of local resistance and price growth to the level of 25.05. The trend remains up. Sincerely, R. Linda!
OANDA:XAGUSDLong
by RLinda
3
BTC - It's ShotBTC at $37500 in the next few days? * Appears to be the most likely scenario (of course it won't go straight there will consolidate, make short term markdowns and pumps) and there are two bounce scenarios here in this chart, one bounce is higher than the other, however both lead to the same place $37500. And by no means am I a bear I love BTC and crypto, and I also see this thing dumping further. Looking at the entire pattern it appears to me the price was artificially pushed up to sell into fomo to profit from new buyers. * in the past year almost every time I look for "the bounce" during a certain short term downturn like this- there isn't a bounce- it just keeps dumping For what it's worth Good luck and best regards
BITFINEX:BTCUSDShort
by Joseph_MG
1
AAVE - Possibly a Great Short - * contingent per BTCI plan on entering this trade contingent entirely upon bitcoin price action. (also contingent upon the price going back up which I hope he does) AAVE has had a significant uptrend, as large holders take profit, the "marketmakers" buy their contracts pushing price-action upward along with new buyers, short positions stop loss orders are triggered as a "market buy order" pushing the price up further... (one would think this buying and selling would logically create an equilibrium, and it would - *if the market was peer to peer without the "market maker"- this third-party adds and takes away liquidity which complicates the equation> * this is a one hour chart and will take days to be realized (if it is correct) * this chart would be invalidated and completely negated by any significant move up or down per bitcoin (* however alt coin charts work in tandem with bitcoin with its signature clearly within price action)
Short
by kiddbitcleveland
3
Zilliqa - ShortAs most of crypto (and trading in general) pump and dump is very common, week over week it's ostensibly the name of the game.. Using Fibonacci, harmonic patterns, and thousands of hours of Charter time, the scenario in this chart is highly likely in my view, and at the moment price is more likely to go up, I could even go up sharply(market makers triggering current short stop losses before a downward move) If I trade this I certainly will have a liberal stoploss. *IMPORTANT his chart will be entirely negated if BTC moves upward significantly* Good luck everybody!
Short
by kiddbitcleveland
BTC bounce at 0.786 Fib I’m going to repost this chart with a harmonic pattern. Putting the trend lines together forms a triangle that Supports the 0.786 Fib on the hourly chart 45.2k -(of course anything is possible it could also bounce at the .0886 Fib $44.8k) * And it’s possible it may not bounce at all(that’s why I’m not closing my short) However I will be entering Long as Ostensibly the fib time zone tool puts forward A potential change in trend for April 1st) Good luck everybody
Long
by KIDDBIT_CLE
BTC & DOGE | Asia followed through! Up only?Yo guys, welcome to the channel Hawkeye Charting. Todays altcoin: DOGE Enjoy watching the video :) No BS like bullflags. No Asking: when moon? Always referring to the current state of psychology and what the market maker aims to do next. Pointing out the major trend on Elliott Waves . Peace Disclaimer: No financial advice! All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
FTX:DOGEPERP
by Hawkeye-Charting
Bullish? HmmUsing Fibonacci, ostensibly there's 2 competing patterns. Looking at the recent price action of the past BTC price action taking a significant move downward will happen between $43.2 and $46.9K Depending on the legitimacy that price is increasing from positive speculation / prior accumulation price could increase much higher. *However recent experience that price is continually push higher in an artificial manner per- Miner cartels/ Market Makers and exchanges/ that is primed to sell into the marginal increasing volume of new buyers...
by Joseph_MG