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Whales

Enigma (ENG) is heading to the MOON!Enigma ( ENGBTC ) is ready for a breakout These patterns come up time and time again. The reason they come up is because of the way whales accumulate coins. They use bots to do this which causes very specific patterns to emerge. You can take advantage of this as a trader if you keep an eye on the coins. The pattern is as follows: Huge impulsive increase in price, supported by huge volume . Then a (sometimes long drawn out) consolidation period where the price action usually falls into a symmetric triangle (sometimes it's an ascending/descending triangle too). As the price converges to the apex of the triangle, the volume drops off. Usually the price will go through an A-B-C-D-E 0.49% wave, followed by a A-B-C correction with a shallow C wave, because there's so much buy pressure. Then we get another breakout after this correction is complete. I've witnessed this with so many coins, but here I'm publishing my first idea ahead of time to show that it really is happening. Whales are accumulating A LOT of altcoins at the moment. If you are smart, you can spot it and take advantage.
Long
by alexcheema
10
A Litecoin perspective to light up your dayDear Traders/Followers, Hereby a chart to share with you. LTC/USD ratio. As I have been accumulating Litecoin silently in the past months the time seems finally ripe for extensive movement. As to be seen in the chart, it is both the end aswell as the beginning of the old and new crash cycle. Chasing these cycles seems to pay off big time, while the psychological aspect might be killing- it is of essence to stay rational and buy where the dumb money is to be found. As credited by Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family: "The time to buy is when there's blood in the streets." Furthermore LTCBTC ratio seems extremely ripe. REMEMBER, once LTC moves- it will be incredibly swift. Leaving those who want to jump in on the train too late to join. Trade cautiously and enjoy, Gabriel Molenkamp
KRAKEN:LTCUSDLong
by GABSBY
3
We're Whalers from the Moon with an XMR Harpoon!My last idea was definitely a bit early, the price has had some interesting times in the last couple days. Unfortunately got trapped in a short at 170, definitely was not expecting such a rapid market shift. The 100+ BTC buy that sent the price rising over 10% was definitely not anticipated. So now we must play this new field, which is actually not looking bad. As we can see there is a flat bottom flag, which in my experience is always indicative of a down trend/slide in price. I am going to continue holding my short position unless there is a CLEAR breakout from the down trending channel denoted in blue. Hopefully all goes to plan and we can sing our whaling tune: We're whalers on the moon, We carry a harpoon. But there ain't no whales So we tell tall tales And sing our whaling tune!
Short
by Jorgenberries