Short

ETHUSD When Orca whales eat Whales

Updated

Probably one of the more promising cryptos, in my top 5 of alts. Wait for the longs to be wiped out for a potential bottom.

Forgot to add a strong SR @ $6. It probably will be the most strongest support, since it's already tested good, unlike any higher horizontal support line, but I doubt it will go there, $6 is pretty much a steal in my view.

Note

Note

Another ponzi with gullible investors and 1.5 year of hype, we're just starting to selloff. Pepe Lmao

Note

Lol, enough gas in the network to propel rocketman in the ground.

Note

Lol, made this yday in my server before it happened, exact hit.
Exit this crap before it collapses.

Note

What those tethers can do with your fiat money, lmao.

Only place where eth has started to pump is at finex, while every fiat exchange has almost ZERO buyvol and HUGE sell. That's another way to transfer tethers to fiat.
Don't be surprised when exchanges become insolvent when you're last to exit, most likely happened with stamp in January when people couldn't withdraw for months when the bubble popped ;-)

Combine that with a shitcoin, where Arthur agrees should be 2 digits, you got the ultimate ponzi scam fueled by pnd and mt gox moneys.

Note

For people who don't believe this can go back to 1-2 digits, this ico traded at $0.33 and had never any retest at all. If you look at wyckoff, this is one huge distribution stage, all big profit still.

Don't be a fool thinking you buy cheap now, it can still tank 90% and then another 90%. Also don't compare it with btc, even btc retraced deeply in the beginning wiping out like 90-95% profits from memory and was always king when all alts were still going 1 year in bear when btc was already in bull.

I can see bigger bounce at $198-$212 and a potential bottom high 1 digit to mid 2 digits, so I agree with Arthur that this shitcoin will most likely see 2 digits within a year.

I'm giving my opinion here for alts as many people in the past, including me, lost a lot of coin thinking it cannot drop further for alts, when it kept tanking and tanking, you definitely want to get out when btc enters the bear market.

Note

8 days straight positive funding and no end in sight, I don't see it turning around anytime soon other than if you're lucky some bounces in a tight range, one leg is missing down for this cycle.

Trade closed: target reached

First target reached +185% on a 1:1, good game.

Note

Eth flash crash possibility increases on at least Bitfinex, longs getting to ATH, they keep averaging down, all the way from $800. This might be a dejavu of summer '17 when it went from $320 to $0.10. I don't know if those statistics are real or not, but it doesn't make sense. If people are truly that stupid to increase longs in a bearmarket and averaging down from already loss at -80%, then maybe they deserve to be wiped out from market.

Setting spot buys (cash) in the books at a few cents to 2 digits, just in case. If anything, most shitcoins have proven to be casino's in cryptoland.

Note

Funny market, no tethers to pump price and sell in fiat = dump. See chart.

Note

380k outstanding longs on ethusd, I expect them to be liquidated at loss, when and how far the flashcrash will go, I've no idea There is still over 70% eth left in wallets of ico companies. Enjoy the show.

Note

This market is sick. Finally when market feels more natural, manipulators come back.
Don't need to say anything anymore about Tether, stablecoins and manipulators.
Omnilayer back only, tether comes back to finex and binance and entire market pumps.

Yeah, even tether ceo said, without tethers, bitcoin price would never break 2k. When true price discovery, we haven't any since 5 years ago.

CryptoSwindle

Disclaimer

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.