Three Drives
ANOTHER 3 DIVES TOP - 30M Another failed pump by Bitfinex, the mafia exchange, the high money launderer's exchange. Has pulled off another dirty wash trade of theirs. It will end up like the rest of others with a big failure.
Lets see how this 3 Dives to TOP with HUGE REJECTIONS on their Wicks plays out. Most likely they will forced out to the maximum all their indicators on small time-frame.
*FIXED* 3 Dives To TOP with Symetrical TOP'sI think now was the last true TOP. From which will deflate this extra-pumped price with Fake Volume out of Bitfinex USDT. . Well done for bears that stayed out as I saw Shorts were low and dint jumped out at every spike. Now LONG's are trapped and IN-PAIN.
3 Dives Top? No ? Who know's in crypto everything is possible :)BITMEX:XBT is being a feisty little bastards trying to take-out the majority of its shorters on its way down.
You know the old school Wash & Rinse? You can watch it now, fake volume pushed too the limits of no volume , everything deflating like a bubble all over again. Sooner hopefully then later as then it will caught many "Buyers" that we will need when we hit the REAL Bottom.
We Called It! Want to Join the RALLY Party? [help inside]Don't freak out. If you missed our call to buy the bottom at $3150 (Yes we did!) Here's how you can get back in the game.
Three Drives (Rally) Pattern:
Shorts are being squeezed and shorting again (trying to find the top)
Bulls are actually buying (unlike the April short squeeze)
Third rally is for the FOMO buyers, and they will get their "shorts" (ahem) handed to them
Warning Sign, large candle wick buy back on the drop
Too risky to buy in here, not sure how high the final rally will go
Too risky to short the top, might go past our number before coming back down
Buying in:
Limit buy down from $3,800 to $3,500 and viola... HODL till $5,800 and you're making 30-40% returns!
You're Welcome,
-racethehair
When everyone screams recession; run the other way!You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement.
What are the common sense clues?
The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier?
Why can't we make some serious profits after 10 years of an absolute garbage economy?
Headlines for the past two years have been all about Elon's gaffs
Very few called the recent FANG "crash"
All of the technicals are moving in the right direction
Fundamentals are easy... when EVERYONE is calling for a recession, we know the opposite will unfold
FINALLY: Show me an historical All Time High back to the great depression, then show me breaking that ATH, finding support, and it not creating a new bull run. The trend is your friend and stocks are in full bull mode with no signs of reversal.
-racethehair
XEMBTC is almost in buying area of 3 drivesXEMBTC is currently moving in 3 drive pattern and now very near to buying area insha Allah.
Regards,
Atif Akbar
CHFJPY - put on radar [demo account trade]This one could follow three drives pattern (see www.tradingview.com for nice explanations and real examples).
Let's see if it will come down to green rectangle and set up a trade based on behaviour.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
EOSUSD - potential three drivesThings are looking brighter, let's go with the flow.
This looks like beginning of three drives pattern. If it will be, here is the buy level with target at 1.272 Fib extension of first wave. Then we'll seek for next trade opportunities.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
USDCAD - Potential Bearish Bat with Potential 3-Drive "D" legI'm really not sure about this one anymore, but I've been watching this market since last year and it more or less respected this analysis... At first I was trading it as a Daily harmonic chart, now I realise I should be looking at the Weekly chart more carefully. This is the reason I had not published this idea till now...