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?
Pumpanddump
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.
Will EBST pump againEBST retracement, in the past i see some simulatities before EBST pumped in a huge way.
Especially with the upcomming snapshot: 05/15/2018
What do you think? Will history repeat itself??
This is not advice, just a possible scenario!
GRTZ!!
Black Coin - Long Pump & DumpSo, here we are. A multi-month accumulation on an epic scale. Just look at it. Have been buying this hand over fist in this zone and was like "I can't wait until all the honest twitter OG's start shilling it".
Well, we are in the early stages of that. Needacoin, BitcoinDad, EmptyBeerBottle, and many more have been stealthily shilling this hot piece of trash. Oh, and trust me, when it's time; the rest of the crew will follow suit.
Go through the Poloniex Chart as well as the Bittrex Chart to look at the volume, structure, and prior coins that have had the same scenario (THC, XRP, ZCL). I'm curious to see how high this will go. My bet, this hits the level of those wicks to the far left of the Black Coin chart from it's inception.
Even though it's a crap coin, just based on what I am seeing, it's going to melt faces.
*Disclaimer, it was a joke, there are no honest Twitter OG's, they are all liars out to take your money.
The Pump & Dump is pretty cyclic...(ZCL where do you go?)As you can see the both dumps had identical RSI levels... I've heard about coincidences but I do not believe in them...
Maybe just another false target... But which path will ZCL take at 0.0037???
50% gain Pre-pump buy signal for WavesBuy signal on the 25th April at 59. Pumped to today 29th upto 93. Max. possible gain almost 50%. Using Bottom finder script. PM for subscription. New Bottom Finder version picked up buy signal earlier on the 22nd April and could have another on the 25th to double gain.
Pre-pump signal 140% gain OmisegoBottom Finder buy signal script
Pre-pump signal 26/04 (5am), price = 0.0017 btc
Pumped today 26/04 (2pm), price = 0.0025 btc
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Entering downtrend until JuneAfter not making or breaking previous high, we are certainly still in consolidation and have one more large bounce to make off support at $7000 where we will bounce around sideways building support and bouncing upward for another rally July-November where we will likely go on to make new all time highs with another major pump and dump cycle bringing us back towards baseline which will be above $10K.
DNT pre-pump signals up 250%DNT/BTC plenty of buy signals generated by Bottom Finder prior to pump. The last signal was 22/04 yesterday at price 93. Then coin was pumped today to 230, so 250% potential gain if bought using Bottom Finder buy signal script. Look at blue spikes for buy signal.
300% profit Monaco coin pumpAnother pump detected this week, this time for Monacoin. Last buy signal for Monaco was last week 12/04 at 80, exactly 7 days before actual pump. Pumped up today as high as 240 today. Potential 300% profit. Buy signal using Bottom Finder settingsrsi45, 1hr periods.
Pump detected on GRS 500% gainGroestl coin pump today. Bottom Finder signalled buy alert 5 hrs prior to coin pump. Buy alerted at 91, potential sell at 486 max. Whopping 500% potential gain using Bottom Finder script. Captured at 15min interval, rsi45 default.
(LTC) Bots, Market Manipulation, and Forced Liquidations, Oh My!Alright folks, been AWOL for a bit but today's utter chaos called for a serious look at what appears to be blatant market manipulation.
So naturally, being that this is an LTC chart one would assume we'd be taking a hard look at litecoin.....well not really, sorry folks.
I actually chose litecoin because every since the litepay debacle the project has taken an utter beating...while your ltc wallet probably took a heavy hit...it gained something beautiful from all the chaos: increased market independence.
That is key, because as we all know BTC is practically a crypto index these days, LTC always had more autonomy due to more fiat trade pairs than other alts, but now especially it is moving more freely from BTC's clutches.
This is important, because while a knee jerk sell off of BTC like we saw this morning will always see alts follow; the ETH and LTC markets dont often appear to take direct ratio downturns with BTC.
But not this time. Oh no, this time fiat heavy trade pairs took nearly an identical hit...and that my friend's smells damned fishy.
(Just a sidenote: my formal background is actually in engineering and algorithmic cycles are something I studied pretty extensively, so I'm not just pulling this out of thin air, the cycles were clear and apparent from the get go)
Anywho, all the mumbo jumbo no one cares about aside lets jump in.
The pattern:
Cycle decrease is taken from impulse move to impulse move
Primary cycle appears to be 58 bars
Cycle break was 79 bars, nothing too telling here regarding cyclic length but it is worth noting that the offset rate of decrease from impulse high to low is maintained.
Every post pump down trend angle is increasing by exactly 2 degrees every cycle
As someone whose stared at one too many cycle output charts on MATLAB, and written a number of godawful C++ scripts this just screams "lazy coder" at an exchange attempting to disguise market manipulation through bots by just simply adding simple step and rest functions to the code.
Naturaully this is all speculative as I'm not behind the wheel at Bitfinex, but I'm sorry these patterns just seem too impeccable in their execution rate and uniformity.
Now, regarding today's plummet....what was that about? Realistically its anyone's guess until an insider comes forward. In my opinion though I would assume we either saw some mass liquidation by a few whales trying to FUD the market into a landslide so they could buy up bags, or possibly some major forced margin liquidations on the exchange side. Trading with leverage is at an all time high, what do you think makes more money, fees, or liquidated margin positions? Yeah, excatly lol
In all reality I think the most likely scenario is a mix of the two.
Anywho, heres a little bit about what to watch for with litecoin in the post freefall chaos.
Although it did spend a short period below it, LTC was range bound (~$115-$120) for quite some time prior to today's plummet.
The crash dead stopped at 162% extension from the final impulse wave up
We did tag the major trend 1yr+ support but as I write this it looks as though we may close this bar above it
We'll soon be approaching 58 bars since the smackdown. It's far from guaranteed but I do suspect well see some impulsive movement in the 58-79 bar range
If we get this movement, and it occurs on a bar following a close over the long term support TARGET 1 will be the 162% extension, TARGET 2 will be ~$115 (the prior lower bound of the ranged movement)
If however we hit that impulse move below the long term trend I'd say it might be time to gear up as the bears try to pull our beloved LTC down to $108 range.
This analysis is meant for purely educational purposes, and whether you choose to trade on it or not is entirely on you!
Good luck and happy trading fellow cryptoheads!
Austin Doyle
CTO
A lot of market manipulation is going on. Be careful.We have been in a bear market for a few months now. In a bear market, Pump and Dump schemes are extremely easy to pull off if you are a whale or a bunch of whales. In a bull market, people would instantly buy the dump, leaving whales holding fiat bags and decreasing their position. But in a bear market, when a whale pumps a few % people instantly FOMO into it thinking "the bear market might be over, this might be the final reversal", only to get slammed a few hours, maybe days later.
Whales "Pump and Dump" schemes can be easily spotted. Bitcoin will either be going sideways for hours and suddenly have an unexplanable jump, followed by more sideways action, and then suddenly an unexplanable dump, either reverting to previous level or going well past it because of fear being injected in the market.
Whenever you see a big green dildo in a bearmarket, in contrast to a healthy slow step-by-step growth, look up for big bullish news. If you find none, be certain its just a whale playing around. And whenever you see a big red dildo in a bullmarket, in contrast to a healthy slow step-by-step retraction, look up for big FUD. If you find none, be certain is a retarded whale to be tramped by bulls in a few seconds.
We've had quite a few instances of these Pump/Dumps over the last months, particularly more over the last few weeks.
These candles aren't bounces because the coin was trading sideways for hours. It didn't reach a relevant support and suddenly bounce up, nor did it reach a relevant resistence and bounce down. If you want to see a text-book "support -> bounce" just look up the fall to 6K recently. If you wanna see a text-book "resistence -> bounce" just look up the 20k ATH.
Trade carefully, don't get whaletrapped.
Whales are weak in a bullmarket and very strong in a bear market.
Anatomy of a pump and dumpThanks to low volume and the advent of Bitmex 100x leverage margin trading it's now possible for whales to pump and dump Bitcoin, which is why we've been seeing 5% up/down swings over the past week. Here's an idea of how to take advantage of a potential 5% upswing.
Why is the price moving up and down ~5% ? The answer simple. Because you only need 4% swings to liquidate people who are trading with 25x leverage. The point is to liquidate shorts/longs with high leverage.
[BTC-USD] RED ALERT! INVERSE CUP N HANDLE- DEFCON 5!I'm out of the market into the safety of fiat USD for now. This is very much a dynamic market and things are changing so dam fast on the charts, I couldn't even keep up with the 1,5 and 15 minute charts early this morning as I prepared this video. Personally for me, I think its too dangerous to play right now and I am now simply observing this ball game from the bench!
The BTC market is extremely volatile as many of you already know that! What makes me uncomfortable right now is the manipulation of wales pumping and dumping the price of BTC attempting to short the market. Also it was brought to my attention by a new friend on trading view that the exchanges could be dumping BTC, therefore manipulating the price of BTC being one of many variables that is causing the massive sell offs of BTC. Since most of us don't really know the real why 's , all we can truly rely on, are the charts. In conclusion, right at this very moment, the charts signal DEFCON 5 red alert! (Extreme Volatility)
Overall, I observed an inverse /reverse cup and handle which typically indicates a bearish signal and that a bearish trend will continue with the bearish price action of BTC. Extreme caution is advised right now! I am still investigating and undergoing more analysis that will allow me to define a perfect entry point at the absolute rock bottom. If I succeed, then I might end up in a short vacation in a few months in Costa Rica sipping a pina colada. If im wrong than I will be sipping a regular Starbucks coffee at my local coffee shop.
If you enjoyed this video give me a like! Peace out!
CryptoBuzzAnalyst
PS: Disclosure, this TA is not financial advice. This is for educational purpose. You should perform your own individual TA and arrive to your own specific conclusions!
ETC Ethereum Classic Manipulated by WHALES WARNINGWhales are setting big Low Buy Walls and keep pulling down Panic sellers who create their own doom by creating Sell limits close to the price in turn creating clogs and sell walls that wont let the price move up. If only if Sellers knew the best thing to do is create High Sell Limits.
Example: the price is dropping to 333000, then set the damn Set limit to 360000. Everybody doing it at the same time to should nullify the magnetic pull down aka Panic..
Anyway the overall trend is down after a Bulkowski Flat Elliot Wave 335. Google it.
THIS IS WHAT YOU DO NEXT TIME WHALES WANT YOUR PESOS FOR THE CHEAP..... EVERYBODY MUST DO IT!!!!
OR JUST GIVE THEM YOUR MONEY AND LEAVE!
Nobody Recognizes The Pump & Dump SchemesThese need to be studied more, acknowledged, and prepared for.
BTC back from the deadAmazing bull action in the last couple days and 24 hours specifically.
After the brief dip below the 200SMA we bounced back and rode for while only to break above previous levels of 9500.
It seems hard to believe BTC will run back up through to the 15000 level and above... but we know how this pump seems to go.
Wondering if the sentiment can really change that quickly. Not everyone is a true HODLer..
Lets remember that the average person doesn't understand what BTC really is or what kind of a paradigm shift its adoption would entail.
Most are speculators..
Seems as if the money flows from the equity markets and the BTC value are correlated...
I'm still picking stocks.
At least I know that AMZN is trading 236 times their earnings.
THE RIPPLE (CRYPTO XRP) PUMP AND DUMP ANALYSISAs you can see by the chart- Ripple was a clear pump and dump setup- almost too perfect.
You can see the volume slowly ramp up from virtually nothing, and on the way up various volume "peaks" (buy volume spike until a certain level then an equal sell volume spike). This is the price being, quite literally, artificially pumped. As we reach our final cashout level the market is running on air, and as seen at the top there are multiple empty spikes- a clear indicator the bulls are out of steam and the pump is being distributed. This is the final blow.
One the way down volume falls along with price- the dump is over and all big money is out. You can see small spikes as late money tries to make a bullish play (weirdly at most cashout levels) but obviously getting pummeled. Pump and dump over, rest in piece Ripple.
Until the next pump that is....
SIDE NOTE: Many may jump and say XRP's market cap was too big for a pump and dump. This is false. The market cap was gigantic simply due to the fact XRP is heavily centralized and tons of currency was "produced"... the market cap grew as the pump grew. The market cap correlation (as used with stock pump and dump analysis) cannot be applied to a Crypto like Ripple.
TKS/BTC Bittrex Pump and Dump AlertLooking for short term target to the Fib 161.8% extension on this pump and dump alert. No value in this trade other than a quick buck so don't get caught holding the bag! Never trade money that you can afford to loose and as always plan your trade and trade your plan!