Weekend scam dump buy targetsWe sometimes get big counter-trend washout dump moves on the weekend that get bought back up during the week. These moves are bewildering at first, buy if you have been trading bitcoin for a while you will start to see these moves as an opportunity. Currently bitcoin is closer to breaking through the $12K resistance and out of the current consolidation than it is to breaking down. This idea is more of a "if this does happen here is how I am prepared" strategy. The 12H is a great timeframe to trade with bitcoin . It just cuts out the noise. The 12H 55ema and 12H 89ema are speaking to me and telling that if there isn't a breakout today and there is a washout move on Saturday or Sunday, these emas are lining up with some good support levels. This idea is most likely invalidated if $12K is broken (confirmed with a 12H candle close), but if we look back at June 1rst there was a higher high that was dumped quite violently on June 2nd. That dump was on a Tuesday, so not exactly a weekend move but puts in perspective the possibilities. If there was a similar dump of about %16 from $12.6K, the next resistance level , that would send the wick down to $10.4k or so.
I prefer to catch scary wicks that are likely to atleast have enough of a bounce to exit the trade at a minor loss if it looks like its a real change of trend. I don't like buying "at support" because it becomes very difficult to manage risk with static stop losses and we humans need to sleep. Note that I don't put on more than 3x-4x leverage and try to scalp some away as soon as possible to minimize risk from the dump going deeper.
I don't think buy target 3 is in play anytime soon, but put it on there as it is an area I am looking at. $9150-$9300 would be next.
**Not financial or trading advice, just sharing what I am doing so I can continue to progress as a trader.**
SCAM
[SHORT THAT THING] BITCOIN IS GOING DOWN HARDOK, so the bull run is over, everyone who bought bitcoin a few days or a few weeks ago will get rekt hard. Don't forget to set up stop-loss or sell crypto today. Markets will crash and this will trigger gold and bitcoin crash. The dollar will be the king like always. Just look at dollar demand! It's so high, that there is a shortage of coins.
Please leave a comment on how I'm wrong, so I can put „I told you so“ in a couple of months.
NIKOLA - the invisible truck manufacturer SHORTNIKOLA's CEO Trevor Milton is comeing out with gigantic claims about their company. There is not enough visibility/evidence about these claims to any investor.
NIKOLA's rotten core wil slowly but surely reveal itself within the comeing months. Bulls will be holding back and sensible people will sell the stock before Trevor Milfred can prove anything real.
SHORT
OTRK Short Squeeze. Scams pump the hardest.This is obvious scam. Just look at the face of CEO Terren Peizer. He looks like Belfort lite. What do these types know? to pump.
Short interest is there, call activity there, trend there, low volume there, great management? of course it's there. Name change shows.
They changed their name from Catasys to Ontrak to distance themselves from the short report that shows this is a scam. Who cares?It's not CATS it's OTRK, it's different.
My analysis of the CEO's criminal record shows that this stock is going to the moon.
Buy some calls, if he scams the usual way you lose your premium, if he scams like he looks you'll do a 10-20x on those options. Risk is worth it. Don't be dumb, don't buy outright shares and lose everything if this goes to shit.
Disclaimer:I have been long aug 21 40 calls for a while.
Pain medicine that is going to hurtKtov has blown up over 113% in the last several days. While its hard to do technical analysis on a stock that is sub a dollar, Im going to make it anyways for a friend.
Given the past trends after massive spikes, I would expect the slight downtrend to last another day.
The massive buying volumes coming in over the past 2 days also indicate that people are being sold into heavily.
I believe the boat has been missed if you wanted to get rich off of this stock. All bios are hot right now and it would only make sense that a company who is dealing in the single digit millions of funding is not going anywhere fast.
I believe there is strong correlation between the IPO that happened a month ago where 20MM shares were offered at $0.30 a share.
If people really believed this was going to be huge, they would have bought the stock back in may 2018 when the drug was first approved by the FDA.
www.barrons.com
seekingalpha.com
Nothing more than a pump and dump
Unbelievable Scam by CZ/BinanceRemember when Binance delisted the Bull/Bear Scamtokens on 29 of March?
They did not just delist, they liquitated all tokens for their self-printed BUSD. Remember, it is a token also tradeable on other exchanges, not a contract with Binance.
So CZ now has shitloads of the Bulltokens, bought for under 1100 - not even real -dollars.
Dont trust Binance, biggest scammers and manipulators in Crypto by far.
Clown Coin (BSV) How can this scam even be allowed to exist? This is just manipulated 100% by futures making money from dumb retail Craig Wright cultists. Market makers are really the only thing keeping this thing alive. The best strategy so far would have been to dollar cost average low leverage shorts, as it's fairly unpredictable when the inevitable dump will happen. However I strongly believe that time is approaching when this joke needs to finally end for good. As relentless as the shills have been, they are running out of things to say that their glorious faketoshi creg sanjay wright will supposedly do in a number of days because he said so in his paid telegram group. Whether Craig himself dumps all his coins or he is as deluded as his followers and CME just simply opens a good old 100x short plus market dump, this could be a good long term or short term short opportunity. Lines up with the BTC halvening which will inevitable draw more attention to bitcoin and away from alts, whether for better or for worse. I think the fib lines on this chart speak for themselves how fake this product is.
SCAM idea from borker??Apparently I received a call from a broker today who insited on me buying this CDE stock at 3.48 USD (price they expect to get during today's session).
This company is supposed to have just signed an important contract that will make the price go to 5 or even 6 USD within 3 months. Maximum loss they expect is 15%.
Apparently more than 30 analysts from this company agreed that the stock can only go up. No doubts.
The whole thing sounded so much like The Wolf of Wall Street movie so I just decided to listen to what he had to say for fun. I would never put money over the phone under these circumstances so I decided to test his idea here instead.
Profit 1 at 5.00 USD
Profit 2 at 6.00 USD
Stop Loss at 2.95
Deadline: 3 months
Let's see how bad of a scam it was!
Fibonacci retracement say's no!When they were young they were the heart-throbs of the cyberpunk community but at 68, after several rounds of plastic surgery and botox, nanotechnologies and brain-computer interface updates the freakish Bogdanoff twins are now on the path to destroy crypto market without survivours. Why? Because after the crash there will come the new era of enlightenment and unprecedented technological progress lead by Bitcoin SV. Or HEX... there's always a chance that HEX will bring 39 000 000 % return in next 6 days.
– SATOSHI NAKAMOTO whitepaper, page 72
POWERS TANKING THE ECONOMY ON FAKE NEWS AND FEAR DURING ELECTIONwww.cdc.gov
The burden of influenza disease in the United States can vary widely and is determined by a number of factors including the characteristics of circulating viruses, the timing of the season, how well the vaccine is working to protect against illness, and how many people got vaccinated. While the impact of flu varies, it places a substantial burden on the health of people in the United States each year.
CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010.
THE CORONAVIRUS IS A FAR CRY BELOW THESE STAGGERING FIGURES AND WE TALK ONLY US HERE AND NOONE EVER CARED ABOUT IT OR SHUT BORDERS OR TRAVELLING OR ALL TEH FUSS ALL THE COUNTRIES ARE DOING RIGHT NOW;
THE KEY QUESTION THAT COMES IN MIND IS:
WHO AND WHY SOME POWERS WANT TO DERAIL THE GLOBAL ECONOMY ESP THE US AND CHINESE ECONOMY ????? ESPECIALLY DURING AN ELECTION YEAR
what is clear is that if the economy and the stock market continues to rally like all the fundamentals and earnings are doing DONALD is going to win so I believe SOME POWERS are ready to do anything including spreading FAKE NEWS and FEAR TO PROVOKE A GLOBAL MARKET CRASH and paralyse the global economy;
Two advantage to it: 1/ THEY MAKE DONALD LOSE 2/ THEY SCOOP HEAVILY DISCOUNTED ASSETS THAT HAS PROVEN GENERATING HUGE EARNINGS like the big tech and high quality stocks
BE CAREFUL , PLEASE DONT LET THEM WIN AND STEAL OUR PROFITS !!!!!!
POWERS TANKING THE ECONOMY BY SPREADING FEAR AND SCAM YOU!!!www.cdc.gov
The burden of influenza disease in the United States can vary widely and is determined by a number of factors including the characteristics of circulating viruses, the timing of the season, how well the vaccine is working to protect against illness, and how many people got vaccinated. While the impact of flu varies, it places a substantial burden on the health of people in the United States each year.
CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010.
THE CORONAVIRUS IS A FAR CRY BELOW THESE STAGGERING FIGURES AND WE TALK ONLY US HERE AND NOONE EVER CARED ABOUT IT OR SHUT BORDERS OR TRAVELLING OR ALL TEH FUSS ALL THE COUNTRIES ARE DOING RIGHT NOW
THE KET QUESTION THAT COMES IN MIND IS:
WHO AND WHY SOME POWERS WANT TO DERAIL THE GLOBAL ECONOMY ESP THE US AND CHINESE ECONOMY ????? ESPECIALLY DURING AN ELECTION YEAR
what is clear is that if the economy and the stock market continues to rally like all the fundamentals and earnings are doing DONALD is going t win so I believe SOME POWERS are ready to do anything including spreading FAKE NEWS and FEAR TO PROVOKE A GLOBAL MARKET CRASH and paralyse the global economy;
Two advantage to it: 1/ THEY MAKE DONALD LOSE 2/ THEY SCOOP HEAVILY DISCOUNTED ASSETS THAT HAS PROVEN GENERATING HUGE EARNINGS like the big tech and high quality stocks
BE CAREFUL , PLEASE DONT LET THEM WIN AND STEAL OUR PROFITS !!!!!!