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Pumpanddump

BTC/USD - Chances.Let's look at the situation in detail: some prominent long positions were opened in recent days. Amount of short position grew up too, but some facts tell us that short positions were opened by small players (like you and me), while longs were opened by huge whales. It is foolish to deny that BTC is wholly oversold now, we are following down-trend since 8400$ and right now there is a high chance that price will go up in form of correction. Let's consider the bullish scenario: 6900$ - 7000$ is the place of high demand, and it would be complicated to break it successfully. So, if today's candle will close above 7050-7115$, we will have a great chance to go to test 7300-7350$ zone. (There is crucial time at 7th of August at ±1am UTC because we need Asia to stay above 7300$). If we would be able to keep the price - we will have all chances to go to 7500-7600$. At this level are also located CME limit orders, it is a good sign because these levels are like the magnet for the price. However, if we won't keep the price - we can consider the scenario of downward movements. Let's consider the bearish scenario: as I have already told you - we are still in the downward channel, so short positions have the priority globally. To continue our way down, we should close today' 1D candle below the 6850 - 6900$ level. Then we would be able to test the support at 6700$ which is formed by profile volumes and if we break it - we have all chances to go lower and see BTC at 5800-5900$ in this month. Moreover, we can see a bearish flag on the chart right now. In general, given the possible manipulations on the part of MM, let's conclude: We should go up in the next few days. It is very reasonable that the price will dump for a bit to 6800-6700$ or may be even lower with the purpose of closing long position. And only after this we will go up.
BITFINEX:BTCUSD
by BillCharison
BITCOIN: 48h pump pattern | price manipulation at its finest!hi there.. i just have to upload this. Another great example how this market is played by big whales and cartels. Its sad to see that only like 3000 BTC's can influence the total mcap and price of bitcoin this easily. If in the coming 60 mins another pump appears.. we would have an exact 48h pump pattern since 6 days straight. Still we need to break 6800 and build a new floor above this to break 7200$ with enough volume (green line from falling grand wedge). RSI should stay above 45. Play the waves.. stay save.. Cheers
BITFINEX:BTCUSD
by MarkiMark_1559
Quick day rundown. pt I dont feel amazing about all of this. It all feels normal. All of my old charts said we would be going to new lows Old BTC chart said around 6600 before drop to 5.4. Seeing the way that the coins were traded (on binance) I would not be surprised if we do. There was a lot of money pumped and dumped yesterday and most likely many bag holders. I want to see us come above 6600. I almost don't see it happening. But im hoping/waiting for a new signal. Check out the other parts too!
BITFINEX:BTCUSD
by TrendLINEBoys
Reddcoin/Bitcoin (Market Cycles) As you can see from the chart it's interesting to watch whales playing games on this coin. Always retracing over 90% each time from the top to the bottoms. Because this coin has not done anything apart from acting like a pump and dump, i'm assuming its going to dump all the way to: - Entry: 23- 13 satoshi - Exit: I would go for anything above 300%-500% my entry :D For now, I am very bearish and wish not to touch it until at least 30 sats. In addition I do not know when exactly this will stop bleeding so let it do its thing.
Long
by NarkoTA
VRC is about to turn and make yet another 10x pumpHello Lads and Ladies, VRC respects its pattern very much on a big scale and only on the big scale you are able to se the HUGE 10x pumps. So if you apply the same pattern and look at the increasing resistance of the pumps, the next pump is going to happen quite soon and will be heading towards 0.00045000 at its peak. The BUY ZONE lies between 0.00004000 and 0.00002050. Everytime the Chart has come into this area, the next pump has started very soon, so set an alert for at least 4k satoshis. Cheers, Tomas
VLong
by KongTrading
PAY-USD Piece of Crap Bittrex exchange #1 in Pump-&-Dumps As you can see here, Bittrex is still the leading Pump & Dump exchange in the world. Indicators: None - Literally none The Volume was dead just a few hours ago and rose to 3rd in volume on the Bittrex exchange If you thought Bittrex was going to make any sort of positive changes to its platform, well you were a gullible moron (I know I was). There's a reason why Bittrex is going down the shitter faster than these Pump & Dumps they seem to allow to happen on a daily bases. Despite their strong words in the emails they sent everyone in December, in which they set forth plans to reduce this sort of clear bullshit market manipulation, Bittrex is still finding their thumbs up their asses and doing nothing about it. Thanks Bittrex, keep them up there, you're doing great! It's no wonder that Bittrex 24hr trade volume has pretty much diminished to shameful levels that other exchanges have in their first year in business. How are yall not getting investigated by the FTC? If you are in the US, which exchange do you use? Do you like it? Would you recommend it?
PShort
by dream300zx
BTC is looking good for the next weekMACD is bearish and RSI is neutral however the timing for BTC is perfect considering consensus which seems to be a positive event for cryptos. BTC is staying above 8600 for last few hours and that's a good sign. Not much volume so can't count it as support and hard to identify any great resistance in sight. If things which drive the cryptos remain positive, there should be an extended healthy correction to dumping we saw in 2 days ago and thus, it might be a good time to buy BTC or alts.
BITFINEX:BTCUSDLong
by iamanupam
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