UnknownUnicorn2758404

UnknownUnicorn2758404

Is SXP/USDT in accumulation ... or will it break down further? Let's figure it out, using market logic. Whenever you're looking at the chart, always ask yourself "where are the whales selling and buying?" SXP/USDT peaked at $4.8. A whale unloaded his bag and laughed all the way to the bank. A person who was "buying the dips" was just catching a slow falling...

UnknownUnicorn2758404

SXP has rallied 257% in 21 days. Whales buy low, sell high. Retail traders buy high, sell low. SXP/USDT pumped 30% in a single candle because of an announcement (the company has the green light to offer credit cards to Americans) .... yet the price has retraced 100% back down again. Why? Because SXP/USDT was down trending and had bag holders that were happy...

UnknownUnicorn2758404

BTC's price will either: 1. Downwards flag 2. Rectangle flag 3. HUGE thick and sexy candle all the way to $20K What do you think will happen?

UnknownUnicorn2758404

Exclusive summary: * We're almost close to the bottom of the correction * BTC might range for re-accumulation before the next primarily impulse wave up * Bitcoin is still bullish long term Hello friends. Today we're going to look at BTC's structure and where to swing it (LONG) Back in December 2019, Bitcoin spent 46 days of accumulation by the whales at $6.5K...

UnknownUnicorn2758404

Nothing happens by accident in the market because it's manipulated by whales. We have to understand what the whales are doing — buy when they buy, sell when they sell. If you look at ACCUMULATED #1, the whales had spent 20 days accumulating their shorts, before driving the market down to shake weak hands. The price fell down into ACCUMULATED #2, the final...

UnknownUnicorn2758404

SUMMARY: DASH/USDT broke downtrend line, buying at $65 is great value. DASH/USDT has broken out of the long term decline with massive volume and upthrust. The correction right now is only natural and healthy -- the question is, where are you going to buy the dip? $80 is the 0.618 meme fib line and is showing support on the daily chart. But the level...

UnknownUnicorn2758404

Do you believe in the strong trendline that has been holding up since December 2019? The blue trendline is a strong meme that has been respected. Price correct down to $6.5K which is the 0.618 fib meme line and had bounced up to $10.5K. And now it's making a healthy correction back down to 0.5 flib meme line at $8500. You know that technical analysis is self...

UnknownUnicorn2758404

BTC is bullish. It's time to get into the action. The most important aspect is risk management. The pink lines are my long orders. I use martingale, not because I'm doubling down on a losing trade, but rather I'M BUYING THE DIP. You don't know where the dip is. Bitcoin is bullish. So I'm laying my buys for hold term holding. As in weeks or months of holding. I...

UnknownUnicorn2758404

The green box is where I layer in for XRP long. Why? 1. Because that's the trend line 2. Because the green box is the previous swing low. Because Bitmex loves to stop hunt, you never know how long the wick is going to be. So I'm not talking a huge position on this. However, I am taking a huge position at 0.00041 which is the historical low that always pump. ...

UnknownUnicorn2758404

01. When BTC is beasting, alts bleed. XRP is no different. 02. I have noticed that every time XRP pumped in the past couple days and hitting the EMA, it will go down again. Today XRP spiked 23% from the swing low and I had the pleasure of shorting it at 4770. I should had added more shorts near the time but oh well. 03. Waiting for BTC to finish going bullish...

UnknownUnicorn2758404

01. A trend will trend unless proven otherwise. BTC is going up, which means alts go down. BTC looks like it will correct any moment. And when BTC goes down, alts go down. 02. Anytime ADA rallies I just keep shorting it. The rally is short lived. 03. EMAs (8, 13, 21, 55, 200) is nicely trending down instead of whipping or criss crossing. This shows a clear...

UnknownUnicorn2758404

01. Look at the resistance zone. ADA keeps breaking down (and so many other alts) as long as BTC is going up. 2. A trend will keep on going until proven otherwise. When BTC goes up, alts go down. When BTC goes down, alts go down. When BTC ranges, alts go up. So I'm short bias for alts until proven otherwise. 3. How long will ADA go? Instead of imposing my hope...

UnknownUnicorn2758404

01. I have learned this powerful technique from Jason Jenkins. You can't time tops and bottoms, but you can manage your trade sizes. 02. The method is about scaling in and out of trades. In this case, because it's a downtrend for XRP, I'm always in a "core" position. If it dips deep, I take profit. ("selling into momentum"). When it rallies, I'll add more...

UnknownUnicorn2758404

01. XRP did a parabolic rise in December 2017 and now it declined long time. 02. You may noticed that it touches 0.768 and then bounces, slightly above 0.681 before bouncing down again. This market structure looks like it's in accumulation. 03. However, the market has "chart memory" so it's very possible that the coin can do a parabolic bounce when it touches...

UnknownUnicorn2758404

What goes up must go down. The RSI looks like it still has room to grow (knowing that this is crypto). It could make a double top. I'm shorting at $6.1K (small size) and $6.5K (larger size) because I'm preparing for Bitmex's brutal short squeeze. Heck -- might as well through in a short at $6.7K to catch the wick. You know the whales want to liquidate you,...

UnknownUnicorn2758404

01. XRP is a premined coin that they have dumped billions of tokens into the market. 02. 200 EMA is pressing down. Every time it tries to rally, bears get ready to short it to the ground. Sometimes XRP will do a hyperbolic move up because up because of some "bank partnership" news but it always go down again. 03. I will keep shorting XRP. I will short when it...

UnknownUnicorn2758404

LOL