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Pumpanddump

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.
COINBASE:BTCUSD
by skyman9025
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.
BITFINEX:XRPUSDShort
by samblum_
11
Kodak getting pumped (and probably pumped)Eastman Kodak has has been going crazy in the passed 3 days on their adoption of "blockchain technology" (everybodies favorite buzzword). And it has grown nearly 250%. Not only is that absolutely insane for the current market but Kodak has had a losing streak pretty much since it has gone public... To top it all off, take a look at the volume: more shares have been traded in the last 3 days than have ever been traded in in Kodak's entire existence. If that doesn't ring any alarm bells, at least it adds to the long list of things that make cryptocurrency the dotcom bubble all over again.
NYSE:KODK
by MysteriousPersian
BTC ready to break or is there another downswing coming?We are still moving in this channel but it's possible that we have not seen the rest of the downside. I think there is a possibility that IF we break downward and close below the 50 day that we will retest the 100 day moving average, shown in blue. At that point we will see how the price holds at that level and reevaluate. If we see the price continue bounce off the 50 day, as it has now multiple times, I think we could see some of the alt-coin profits start to stream back into BTC where we reach new highs. The altcoin surge, and most of these "projects", are pants-on-head ridiculous. Forgive me for saying it, but its straight up gambling. People thinking that its normal to bypass BTC as an investment because the upside isn't 50-100x. A LOT of people are going to get burned by the alts, and much of the smart money is going to flow into Bitcoin as these coins start to dump. Keep close tabs on the prices here, because I think this is a good time to build up a long term position in BTC. Overall, long BTC, however watch for another leg of this correction.
BITSTAMP:BTCUSD
by Tdunlap1310
5
Where is ADA going? Ask this guy when the next Cardano Pump is Scroll his messages. He seems to have a lot of time on his hands. With little else to do but Poomp ADA. Get's triggered at the thought of Cardano's longterm opportunity for investors and prefers tipping off others as to when he and the Cardano Chat rooms are executing Pump and Dumps. I say Pump And Dump because one can go to the official Cardano chat rooms to follow when the Pump and Dumps are. And if you want to know where price is going, don't bother with TA or FA. Don't bother even looking at the chart. Just ask this guy: www.tradingview.com He'll tell you.
by allthemoneys
6
DOGECOIN undergoing P&D - Advice to not fall for this scam.For novices out there, Pump and Dumps are NOT created to benefit you. It's a total scam, and you should never fall for this. The leaders of these P&D groups decide on which coin they are going to pump MONTHS in advance so they can buy the coin at a lucratively low price. Then, they "announce" what coin it is and when their thousands of followers go and buy those coins, they sell off part of their position due to the inevitable price spike and turn profit. You may ask, "Well, why can't I just sell my DOGE when they are pumping the price up?". This is because the buy volume isn't there to support the price, and you are NOT going to be able to sell your position at a good price. These sorts of things are designed to scam you out of your hard earned money, and you shouldn't fall for these kinds of scams just to "take the easy route". Make smart trades, think for yourself, and you'll be a much better off trader.
by yeeyee2020
33
BTC artifical price pumpin', 9350 LIMIT and few drops POLONIEXBtc upcoming price flow would be something like this: This would be a price range in 2 days time (counting from now) * 9350 PEAK VALUE * Downtrend no.1 9250 * -II- no.2 9150 * Uptrend no. 1 9200 * Uptrend no.2 9275 Downtrend no. 1 9150 Downtrend no. 2 9050 Downtrend no.3 8950 My personal opininon is that after this pump is completed (probably fresh cash just jumped into the pool), prices are getting overextended, so we might see future btc prices when this " madness" finished around 8600-8800. I guess 8600-8900 will be actual price at least one day after this up and downtrend and later on 8400 (8200-8400) range, because everything over is overextended
by milanjelic
DOGE: A familiar friendLet's take a look at an established old friend of mine, BITTREX:DOGEBTC . The obvious information is on the chart. Big pump in June this year, bleeding dry since then, having lost over 86% to this point. But there is a bit more to it than this. Only a few coins have such a nice market memory as DOGE. Let's look into a few stats here. The market throughout the years: NOTE: The lines are pointing towards the highest daily close during the pump As you can see DOGE reliably was pumped once every year, resulting in a 124% - 811% increase. (excluding spikes) After every pump DOGE was left to bleed out over an extensive time frame, as we know from the usual P&D scheme. Interestingly enough, the lower it went, the higher it got pumped. For quite a few weeks now DOGE has been stabilizing in the 20 - 30 sat area. With the upcoming Bitcoin forks and the anticipation to it, we may see it go below 20 in the coming days to weeks. Personally I placed my buy orders at 18, 15 and a very optimistic larger order at 11 sat, if it doesn't hit the target prices by the hardfork dates, I will readjust my position. As we come close to the end of 2017, the next pump may be just right ahead. That being said, DOGE could as well be a longer hold over several months. So what leads me to buy it aside of the named aspects? Let's take a look at the volume on Bittrex: The trade volume exceeded every prior point by far, the buy volume especially when hitting the price below 20 sats, this massive buy volume is rather interesting. On another note, the general novice trader, caught up in his ICO-goldrush and longing for always new coins to invest in long forgot about the eternal DOGE, that is until it starts pumping again. Accumulation of coins is best done in a quiet market, you don't want to buy into a hyped market. My best and most profitable "investments" always were in coins that were either believed dead (while displaying healthy volume) or coins that were called a scam and written off, but that also sometimes meant that the time to build up new hype and the market to explode again is sometimes a long one (as in DOGE), patience is key. That being said, don't hold coins that make constant losses, sell them at a loss and seek a better position to buy in the market again. Every percent lost, is less profit when it pumps. The crypto market is insanely emotional and reactionary. Plan, prepare and execute your moves in quiet waters and leave the market when the hype is at it's peak - it's as simple as it gets.
by PlainviewCrypto
5
EBST: The next opportunity to strike?To inform yourself about the project, use the website www.eboost.info their twitter, discord or other sources - as I will not talk as much about the project specifics, but why I think it's a promising buy currently. Let's get started: EBST has been listed on Bittrex for around a year now and was most of the time not really a promising object. It had a huge one day pump and a lot of smaller pumps here and there. I looked quite a few times into EBST, but found it unsuitably most of those times. This changed lately though. EBST lived through another sell off as BTC rose to the new ATH in the last days and seems to have bottomed out around 2200 Sats. Lets take a short view on the bigger scale Now that we are on such a low point (-89% from the highest 4hour close, -97,5% from the 4hour price spike) it seems like the market doesn't want to move down alot further. The support at 22k established itself and held up throughout the last weeks several times. At the same time we are crossing the short term downtrend beginning from 26th September, in a possible C&H formation. It is likely that we will test the resistance at 7200 sats for a fourth time (at which point your buy already has almost trippled) and possibly even break it. Already sounds good, but what we need is a spark that can push us to these levels yet again, let's see if we can find something: The EBST team announced, they will revamp their website, officially announce partnerships with several big E-Sport companies shortly and they will have a stage at the COINAGENDA conference in Las Vegas at the 24th October. In addition they hinted to bring EBST to more exchanges. All in all, paired with the low price and upcoming formation, this makes a good prospect for striking a profit. If you followed the XLM and FUN ideas, you surely have some spare coins by now to give a portion into this possibility. ;-) Farewell and good luck.
ELong
by PlainviewCrypto
ICN: A coin to watch!ICN has been in a strong downwards momentum for the last 109 days totaling in a 82% loss after an excessive pump in June unfolded. I am not going into the technicals of ICN , the project runs and is healthy. I am not basing my arguments for a potential rise on these things. Technicals are just a smokescreen in the altcoin space, whitepapers, projects, partners - just tools to create hype. Most of the coins will need years, some even decades, to have real life usage and prove their worth - the rest dies way before. So what makes the price going and this chart interesting? Basically we see three main components in every market: Market Movers, Novice Traders and Hype in three main market phases: Accumulation, Pump and Dump (Distribution), Retracement, How does this play out in the case of ICN ? Well, let's try to find the footprints in the charts. As the chart and price action suggests, we can expect to see ICN bottoming out and enter the accumulation again. While the bottom is not clear yet, it may as well go to bottom line 2 especially with the pressure of Bitcoin and the coming hardfork, I suggest to keep ICN on the watchlist. I surely will have an eye on this. Depending on how the market continues to move, I will enter preferably between bottom 1 and bottom 2 close to the BTC hardfork.
I
by PlainviewCrypto
FUN: The fun hasn't even startedI want to highlight a relatively new coin in this Idea: FUNFAIR . As the chart suggests Funfair has not seen a lot of market action yet. So why would I talk about it? Well, two reasons: 1) FUN is moving in a nice channel, respecting the upper and lower boundary (with one exception that got cleared the following day), and is currently approaching the lower boundary again. 2) The dev-team announced that in the coming weeks there will be a rebranding, a massive token burn and other news and announcements to come. Number one would probably set us up for a nice short term trade, if the lower boundary is respected again. Number two may set us up for a massive pump. I will enter this market with a risk adjusted stack if the lower boundary holds again. From then on I will see how things turn out, if the boundary breaks, I will adjust my entry point to a later position. Looking at the dev announcements, the regular social media mentions of the coin and the price action, I think this could be a good opportunity to strike a massive profit. Be aware, that if you take inspiration to do the same, the key factor you need in this is patience and discipline. This coin may as well go lower than the boundary and the hold time at the current time is unpredictable, so adjust your actions according to the risk.
FLong
by PlainviewCrypto
3
XLM: The party isn't overSo, after the hype and excessive rise of XLM/BTC yesterday, today the sentiment shifted to negativity all around. After the PBC buy alert leaked a real frenzy for the coin started, pushing it a whole 50% up, closing at 0.00000524 BTC. From this point on it dropped down to 420sat and has established a channel channel between 420sat and 450sat throughout the day. Adding to that, the returning strength of BTC/USD pushes almost all alt-coins a bit down. (Someone get rid of the Bully please) People on crypto-related social media are already calling off the pump, claiming it failed. But let's put the above chart into perspective. People in the cryptospace really became obnoxious with their constant impatient longing for pumps, profits, "the moon". Reality is, while people are already impatiently calling off this pump, it is just getting fueled. Before the huge pump in May we had a considerably similar small pump in April: which lead to a consolidation and extended accumulation frame unfolding in the massive pump of May. So what are these Mini-Pumps for? Getting rid of established resistances, testing market reactions, creating hype. The novice trader may be happy with his (at max) 50% profit this mini-pump gave him, while I am sure 90% lost out to sell the peak and sold into the accumulating strong hands in the 420sat area. The market movers are not interested in these small sum games, they will push this coin way up and let it bleed dry again. Market history, price action and the upcoming events call for a hold, aside of the usual altcoin market psychology.
Long
by PlainviewCrypto
1