Pumpanddump
Expanse EXPBTC: Massive PumpsSo here's something different. This is far from technical in the traditional sense, but when I was searching around for different coins that had strong teams, concept, etc but low market cap, I found Expanse. It's an interesting platform in a lot of ways, but the marketing is really bad to me. The videos are out of some bad new age, sci-fi flick. So this coin isn't part of my core holdings, but I'm interested to flip it as I noticed that it is really prone to massive pumps every now and then. So I took the smallest of these pumps and marked it out across all the previous pumps (green bars) and found a nice 'safe' estimate of an exit point. A bit high risk and may take time, but I've dropped a small amount in to see what happens. The pumps are fast and extremely short lived, so I've already placed my sell order and my target price. Let's see what happens.
BTSBTC Huge pump and dump! Still more room to drop.Currently we are testing Uptrend Support 2 and are near the .718 fibbonacci. If bounce doesn't happen here we will watch for bounce at the 0 fibbonacci and Uptrend Support 1. BTSBTC is a massive pump and dump and has dropped in huge fashion like this multiple times before.
BTSBTC is volatile so I personally won't buy on the bounce - I am more interested in buying if it breaks the Downtrend Resistance. My usual would be then to buy when BTSBTC retouches its new support but I will update based on this.
I'll answer any questions on this!
Donations if you feel inclined in BTC : 1PdYRwtiiyrs5fZw778XKD4SX3f8iaxMnd
Best,
Aaron
Don't panic... yetTwo big dumps in one night, we are clearly swimming in whale shark infested waters. However, even with hundred of millions dumped within minutes, SIA remains within pitchfork range... for now. The support is too real.
DDD - 3-D Sys, the classic Pump & Dump IMO
See the wide green range?
This is the phase where big investors accumulated.
Then, they pull the string...big Arrow:
This is where the little investor is trapped into this super hype.
While little Joe is buying on the sharp up-move and become more and more greedy, big investors are selling all the way up until no more "chair" is left...
This is how they make their fortune.
They have time (and enough money) to wait for payday.
P!
DRYS LongExperimenting with CM's Pivot Bands and noticed this set up. Will cut losses quickly with this, usually a P&D.
Dogecoin: A perfect experiment on human greedDogecoin has no purpose other than being pumped and dumped. Thus it is a truly natural market, where everyone is driven not by any rational arguments but only by a strong wish to make money. For a savvy speculator it is of no difficulty; though new players, driven by mostly by newslines and Twitter trends (which always appear too late), do consistently lose money there and get either really angry, initiating panic sells or hopeful, holding their losing positions, but then become even angrier as they sell them lower than the initial price decline. Emotions being the only driving force for price, they appear in their purest form and with a consistent cyclical pattern, which can be seen in price patterns.
On the chart I've highlighted bearish periods of DOGEBTC and a major resistance level. I guess it is not hard to deduce that the next DOGE pump will happen in 2-3 weeks :D
EYEG - SHORTStockpalooza.com is being paid 100K to promote EYEG. It's a pump that will eventually crash.
Shorted at $3.30 and covered at $2.70. It will probably crash more but I'm taking my 18 % profit.
Short the Pump $GOLStocks that spike, like $GOL here, are always of my interest.
This big gainers spikes with almost to no news out. Purely hype.
Also, it has been trading under the 50MA since Sept. of 2015.
My goal here is to short it at around .57 (resistance), cover half at .42 (daily support), and the whole at .25 (lowest support it has had.)
If it decides to break above .57 , I'll look to short it near the 50MA
Would not go long until it can show that it can break .80 .
Bitcoin Market Crash Cycle Comparison - Launchpad
twitter.com
If you are familiar with this image, you'll understand very well that market crash cycles can be found in every corner of the market. With the only similarity between all markets being the human beings behind the money (price), it would be sensible to think that the psychology & emotions behind these humans play a pivotal role in understanding markets and trading.
If we can break this market structure down into 4 easy-to-understand parts, we would come up with something like this:
1. Accumulation
2. Launchpad
3. Pump
4. Dump
Relating this to Bitcoin, it seems like the year long accumulation period is over, as $BTCUSD broke above major resistance $300 in October 2015. Based on my interpretation of the market crash cycle, we have now moved into the launchpad phase with our current price action raging between $294 and $502.
If Bitcoin continues to be the leading blockchain network, it should become widely regarded and generally accepted as the base currency of other cryptocurrencies. In the shorter term, the bitcoin halving happening in Q3 2016 will set the stage for a pump, and for that to happen, MMs must maintain the uptrend structure formed since October 2015. Any breaks below structure will either delay the pump, or lead to another downtrend.
Upside targets are $710, $995, and $1163.
Downside is $341, $280, $220, $160.
$NHTC eaZY 1800% Basic TA [ SnipeSnipe ]Look at this Market.. ok ok.. it doenst matter which market, but this is gone wild for the last couple of months.. perfect market cycle.. even foconacci Extension was working.. =) So lets crack da Nuts..:
Whats going on and on and on - every market every TimeFrame:
1. Accumulation
2. First Pump
3. Accumulation
4. Second Pump
5. Accumulation
6. Third Pump
7. Distribution
8. Pullback
9. Bounce
10. Sell off
Questions..? No.. Onto da next one.. Search those gems.. wait .. wait.. ALL iN.. $$$ ..! =)
DGLY - Insane Spike, setting up a killer shortthis is getting out of control,
on the back of traders momentum, nothing more,
this will fall away once the hype dies down.
