BTCUSD 15m Looking Bullish, it'll Probably go Down First!BTCUSD on a short time frame (15m) is hitting new highs @ just below $7800 again and again - there's also a nice upward triangle formed suggesting the price is just about to break out above the resistance and continue upward.
Given that most players in the Crypto world would be seeing this same formation, and also considering market manipulation (it's rife in Crypto), we think BTC is about to retrace back to around $7500, this is where we would be placing our Long order, with a Stop below recent levels @ $7400.
This is due to larger players (banks, gov's, whales) knowing the majority of people will be going Long right now, so forcing the price down would remove these Longs from the market (hitting stops/fear of loss) and the big players can sweep up all the failed Longs at a cracking price and then (and only then) will the price continue along it's path above $7800, up to over $8000.
Stay tuned to see if our prediction hits the mark!
Good Luck & Happy Trading!
-theCrypster
Whales
BTCUSD THE naughty baby whalehi friends Last night, everything showed a whale attack, the price remained in the range of 7040 to 7060 for more than 2 hours, and in a few seconds it reached about 7133, and then it returned for a few minutes and started drawing a whale baby.
According to a friend, last night was the mischief of a whale😅we are watiing for mother whale main attack👀
please support me by your fallow ,like and comments. thank you for your supporting🙏
WHALES EXPOSED - How they play BTC trading game!As you can see big players (whales) are moving the prices nearly exactly to the Fibonacci levels exposed on the graph itself.
Sometimes the market pushes a price a bit above or below the level either due to the inertia or to here and there confuse other players.
However, it is clearly seen from the graph how smart money is actually making the price reach a certain level and then change the direction.
Can you guess where does the only Fibonacci level not presented with the BTC price level comes from? (blue field)
What do you think they will do in their next move?
BITCOIN LOVES THESE. Wedges.
Falling..
Rising..
All of the WEDGES.
At the minimum, A SMALL MOVE UP looks probable here. There is a ton of CONFLUENCE for this to play out -also a ton of support not far below, offering relatively low RISK.
I know that VOLUME has been LOW, but don't forget about this: According to glassnode alerts (@glassnodealerts), USDT balances across exchanges are now 1,282,118,378 USDT. The previous all-time high was on March 21.. and more since.
Just because trading VOLUME is not there - IT DOES NOT MEAN THE WHALES AREN'T SITTING THERE WAITING.
RSI approaching over -bought.. BUT! = STOCHASTIC RSI is WAY OVER SOLD. THIS IS GOOD. THIS IS REALLY GOOD.
MACD looks BULLISH -MACD line slope is promising.
IF WE BREAK BELOW this bottom trend line into the RED - Will re evaluate from there.
What are you all thinking? Seeing anything else?
Dear Whales, You're Playing With FireThe price had been trading between 9000 and 9200 for a couple of days and then suddenly this happens...
I can understand manipulating the price lower before the expected halving bull run. Buy as low as you can before the price takes off. However, circumstances right now are precarious. The stock market is plummeting and the world is bracing for a recession. Crashing bitcoin right now is playing with fire. People are in panic mode. Crypto is considered a speculative investment, which is something that people are going to stay away from right now. Crashing bitcoin will just confirm peoples fear of taking a chance on crypto. It could scare enough people away that this bull run will have weak returns, or not even happen at all.
However, if crypto were to trend upward right now as the the stock market is tanking, it could draw people to crypto. That could cause a snowball effect that will push this bull run higher than anybody imagined. It may even help the flagging economy if people have a means to protect their wealth while the market tanks. A bull run right now could also cement crypto as a legit investment. Another dump right now is dangerous to the future of crypto. Take the economic situation seriously and what it could do to the future of crypto.
ETH breaks parabola - whales having fun with leverage tradersFor the first time this year, ETH has broken sideways from a parabolic curve. Looking elsewhere in the market, it appears as though this is almost assuredly correlated to the manipulation of sentiment at BTC's strongly psychological $10,000 price level. The current leverage trading options available likely being the vehicle for this manipulation-- with heavy hitters nabbing profits at the expense of smaller traders gambling on leverage. The $10,000 BTC level presents a golden opportunity for these types of games and shakeouts of weak hands due to its psychological impact on the market as a whole. I have added uncertainty about where this goes from here but am still more bullish than bearish. Looking for today's daily close to be above the 0.618 Fib retrace level to maintain optimism.
DENIED But still bullish! - Bitcoin BeatsHello, Hello, Hello,
And welcome back, to Bitcoin Beats.
Yes. We got DESTROYED by the Chinese whales. Yes. I WAS bullish yesterday. BUT. I also said NOT to long until we CLOSE the daily candle outside of our resistance line. Because, AND I QUOTE "This could still be a trap here".
So I hope you're all having a great day, we have evidence here that we are more bullish as we haven't even wicked over that resistance line since $14,000 so there is hope and I am still very bullish to get to the next area upwards but this is still a rejection and we could head down from here in the short and medium term. For continuation upwards we need to either consolidate this area or bounce hard from $8500.
Thanks and Goodbye, From Bitcoin Beats
Bitcoin: Be Careful Now!Even though we do believe BTC has already bottomed out and the 3k marked the starting point of the current BTC bull cycle, we do want to point out the overly long sentiment in the market right now and the increasing risk of a long squeeze. With the Plus Token scam still having an estimated 50k – 70k BTC needing to distribute to the market, we are still facing several bumps in the BTC up run. Furthermore, most Chinese’s at least one-week-long Lunar New Year vacation starts next week. Lots of activities take place during this holiday and lots of them are costly (eg. giving out Hong Bao, cash wrapped in red envelopes to family members). It makes sense to cash out from the market.
For longer term views, see the linked ideas below.
Bitcoin: The Mother of All Trend Lines==============================================
NOT INVESTMENT ADVICE - PLEASE LIKE AND SHARE!
==============================================
Price Action tells a story:
If the trend is your friend then the "Mother of All Trendlines" in crypto could be the best friend you'll ever have in your life.
This parabolic adoption trend line that runs the length of the log chart is what the "real" price of Bitcoin is. This is where the "wholesale" price of Bitcoin is found.
Throughout the history of Bitcoin, large holders have accumulated near this line before causing enough FOMO to take the price much higher than it would have naturally, causing the price to "bubble up" from the growth trend line. That's where the insiders...whales, market makers, exchanges, institutions, etc. dump their bags at "retail prices" onto retail traders heads.
I've waited since summer '19 for the price to fall down to the trend line. Whales have accumulated hundreds of thousands of Bitcoin during the "crypto winter". Why would they do that if they were just going to let it sink to $1,000?
It CAN'T sink to $1,000, or even 3K. Because HODLR's simply won't let go and demand is too high from large whales hodling as well. There is too much incentive to try and take the price higher. Smart Money stands to make hundreds of billions of dollars dumping the one million coins they've accumulated during the bear market. These people aren't stupid, they're some of the smartest people in the world and they're running an operation with military-like precision to make this happen.
So no, I don't think Bitcoin is "going to 4K" and if it happens to hit 5K it would be the fastest wick you've ever seen in your life.
I'm bullish until that trend line is broken. Period.
Right now the price is riding this line. I've circled the area of interest. If the price keeps climbing along this trend line then erupts upward in the next couple of months, that will confirm the new bull run.
I believe there are three reasons for the bear market rally of 2019: it was a FOMO test to see how market participants would react, a whale money-grab, and it helped to throw off indicators and moving averages to make traders doubt themselves.
The price is currently riding the Mother of All Trend Lines at the accumulation zone.
The whales are accumulating right now, are you?
Bots / Algo / Whales & Miners Controlling Market | EOS AnalysisHere we have a different chart... This EOS chart threw me off, it was hard to read at first as it is a completely new chart for me.
You see, these numbers and laters on the screen /"pairs", Altcoins or whatever they are, all basically move in exactly the same way with just a few variations.
We have bots/algorithms controlling different parts of the movements and depending on which bots are affecting which token/altcoin project pair at any given time, that is what will decide how the chart will be drawn.
So depending on the strength of the project, the team or the pull it has, just to pick a few of the factors that affect the chart, the chart will be drawn differently.
I think there are around 5 major algorithms controlling the market and many other individual custom made ones interacting with them, as well as the public.
Now that I think about it... These bots/whales/groups/algo/etc. can be miners as well for all we know... That doesn't really matter... We buy when prices are down, to sell when everything is green and up.
So all the technicalities are just entertainment if you can here like me for work.
We look for the charts with the lowest risks, aiming always first to win above all... Once you get used to the feeling of winning, you can decide if you want to sell at 20%, 30% or more.
The trick is to get used to selling, securing/collecting profits. Because if you don't sell, everything will be gone when the market goes low.
Buy when the prices are low.
Sell when prices are moving up.
EOS Chart Analysis
We have EOS Token (EOSBTC) trading at support levels, consolidating sideways.
This consolidation can lead to another drop or a move up.
Which one will it be?
Signals
MA200 dropping fast with momentum is my signal that EOSBTC has good chances to move up.
Each time we see MA200 (black line) behaving this way, prices tend to pull towards the Moving Average line indicator. Let's see how it goes.
Even with all this information, we still remain open to all scenarios and always have a plan before we trade.
Example
If prices go lower we stop the trade at xxx price.
If prices start to move higher, this is where I sell and collect profits.
Enjoyed the content?
Feel free to hit LIKE to show your support.
This is Alan Masters.
Namaste.
Identifying Factors for a Pending Trend ReversalDefining whether the market is in a bullish or bearish trend at any given moment is relatively easy. but the ability to determine when a trend will revert is a completely different science. Of course there are a number of technical analysis principles and trading indicators that help do that on a micro level, but defining when the macro trend will change is a beast that nobody can truly claim with 100% conviction and certainty. Sure, you can analyze the chart and determine where you think the resistance/support flips are going to occur but identifying that singular moment when the macro-trend is going to break out or break down really can't be accurately forecasted, but that doesn't keep every analyst from trying to figure it out.
As a self proclaimed data junkie and student of the charts, I am fascinated by technical analysis and how the geometry in the charts can tell us so much about a trend and the price price movement within it, but I'm also intrigued by historical data. We all know that past performance doesn't guarantee future results. That said, looking at historical data can help identify some possibilities you may not have seen in the chart before. Anytime I find similarities or consistency between conditions, situations and price movement, I'm paying attention and creating strategies that would capitalize on those opportunities if they should play out. While analyzing the BTC long range chart I discovered a number of things that happened from exactly the same price range BTC is in now, that led me to take a closer look. What I found, lends enough data to support the theory that a trend defining move is about to occur very soon. That in itself is not really hot news, but there is reason to believe this move might occur on a specific date. Before I go any further let me state the fact that I am a skeptic, and I don't believe that anybody can accurately forecast that BTC is going to be 20k, 100k or 500k per BTC let alone pin point a date, and I'll restate the fact that past performance doesn't guarantee future results. So how can I pinpoint a date for the next trend defining move? There is a distinct combination of technical indicators to build an idea around, combined with some similarities in the historical BTC chart. This combination points to the market closing in on a potentially trend defining move occurring from this range very soon. But don't take my word for it. Take a look at the data and decide for yourself.
TECHNICAL ANALYSIS
The first thing I noticed in the chart is that on June 3, 2019 BTC broke down from a micro bullish trend into the green box we are trading in now. This looks very similar to the move that occured on December 4, 2019, from a similar structure in the same range. Looking beyond that, it's clear that there have been a lot of very important moves from this 6900 - 7700 range we are waiting to break out or break down from. In fact, what you'll notice is that just about all of the trend defining moves up or down happened from or very near this range. Many of the breakouts started from a bounce from local support near the bottom of the green box, in the 6800 - 7000 range, and all of the macro trend break downs occurred from that same area. You may ask why. I know I did, which is why I went back to the charts to look for something else. There are a lot of factors that point to the fact that the price action in the charts is not always organic and from time to time (if not more often than we imagine) some one or a group of someones may be using their capital to manipulate price action in either direction.
A CLOSER LOOK
As I previously stated, I'm a skeptic. I'm also not a conspiracy theorist nor someone who typically points to specific hard dates because that can be damning. So let me explain why I feel differently this time. Anybody who has been trading crypto for any length of time has undoubtedly been on the wrong end of a seemingly freakish move that gave no indication it was coming. Many times those moves are driven by FOMO and FUD, even if it's FUD driven by false reports and accusations. Sometimes those moves are the genuine product of an illiquid order book, and sometimes those moves are controlled by whales and pools who are using their HODLings to establish price floors and ceilings in the form of buy and sell walls which are visible on the order book. Since we know that manipulation happens sometimes, what makes us think that it doesn't happen all of the time. Do the manipulators have a conscience and limits to their greed? Doubtful.
Not yet satisfied that my first and second looks at the chart told the complete story, I went back to the long range chart again to try to identify something else. Then, by looking for all of the macro trend reversals on the chart I found 2 prominent moves that defined the macro trend and they both occurred on the same date of adjacent years. On December 17, 2017 BTC surged to an all time high ending the bull run which launched it's breakout move from this same 6900 range about a month earlier, the trend reverts and the bears take control. That alone was not enough for me, so I continued to look for another piece of the puzzle. What I found was that the macro bearish trend that began after BTC topped out continued for exactly one year. BTC bottomed out (we hope) before reversing the trend back upward on, wait for it...December 17, 2018. Coincidence? Possibly.
Only time will tell if this theory has real meritt. To be honest, I'm kind of hoping it doesn't, because if the trend reversal correlates with December 17th again, it will not only mean that the whales are truly controlling every significant move in the market, but it will also mean that they are sharing a calendar.
*I am not a financial advisor and this in not financial advice. Trading is risky. Do your own research and never risk more than you can afford to lose. I trade crypto and securities.
Whale Reaccumulation Zone?Pattern suggests possible reaccumulation by a handful of whales on Bitfinex, where Longs skyrocket to all time highs on taps to the .618 and .65 retraces of the macro bull run which began back in April. Meanwhile funding rate on Bitmex remains fairly neutral, suggesting the Longs are from Bitfinex only.
A long squeeze, if it happens, may not kick in fully unless we break the local low of $6618 (on Bitfinex).
I remain short, but finding reasons to be careful.
Bull Whales Vs Bear WhalesHello, yesterday TA played out perfectly with alot of fighting going on. It is surprising seeing the TA, doublebottom which ill link below, ending up playing, yet the concern was the first dump was backup after hitting 7472, yet I was liquated after that insane pump, but shockingly hitting the downtrend line of the smaller time scale than dumping. I did place another short and recovered losses and made some gains with another short which we ended hitting 7260.
So whats next bullish or bearish? Well its hard to say cause it looks like we gonna go test the 6500 and 7k with my ultamate target at that 5279 range due to vpvr. I think its gonna be a slow night with bulls taking some gains, yet imo this will be the biggest week in crypto seeing if we are going to test the 7k and 6.5k too see if it was fake.
Before complaining about 5.2k The vpvr was the most traded in that 6k range before we had the bottom at 3.1k. So I'm bullish tonight, yet still bearish longterm
Whales and Institutions EAT up over leveraged gamblers in BTC!Time and time again we see whales crush over leveraged positions - today it is a combination of institutional investors and whales taking YOUR gambled money! We have seen these wide range trends since BitMex and it has only gotten worse as more leveraged trading exchanges are available globally. Don't lose your hard earned money GAMBLING in a market you do not understand and cannot T/A reliably.
Blue box = liquidation zone for over-leveraged longs and shorts
Do not rely on T/A in the Bitcoin market, time and time again, the charts setup for "obvious" moves in T/A and whales/institutions crush the 10/20/100x leveraged traders because the market has such small liquidity and can be moved very easily.