My analysis shows a rare Coinbase listing Pump and Dump rebooting to its factory settings. Experimental Bubble wave theory. I'm watching and waiting to see what happens. I'm just posting my theory based on facts. Not investment advice.
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some manipulation however this is expected. predicted pattern could be extended for a certain amount of time. retracements never follow 100% but the do usually merge at certain moments on the future timelines. i believe the trend will follow the curve and breakout at the bottom but the actual breakout may not happen so you should prepare for that.
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watching the coinbase order books 50k at .52 getting dumped on repetitively with low volume and the last dip down will happen soon to the low .40's and wick down at .37 setup your price alerts and wait if your watching i am not setup for automated buying on the books i will buy myself directly when it drops. it could pump some tomorrow or it could be a week or two so be confident in your position that you take
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the entire pattern has extended bearish for 24 hours. tomorrow could be the bottom or manipulation will extend the timeline even more so pay close attention. I always exit trades when the order books are manipulated with bot trading patterns. I consider bots as a virus you don't want to mess with.
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accumulating low volume could start soon and could breakout when the time is right. usually a curve of support happens down to the low. watch the books because those stupid bots people setup can be a nightmare for unseasoned traders
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R U Ready!!!!!
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I'm starting to buy
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updated a new idea with possitive results this was a preliminary analysis
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.