Market maker building longs, get ready for take off!
Updated
Lots of wicks to the downside without follow through, pretty much the opposite of what happened on Thursday. To me this implicates the market maker is building longs by getting you into a short... The sentiments is super bearish and everyone is screaming double top and is opening shorts... So a great moment for a pump. I'm expecting absolute fireworks from the Asian session tonight and EU session tomorrow morning, I don't think I'll sleep. We could see ETH trading at 4500 tomorrow evening. First we need to break 4150 and hold it as support and thereafter 4360 and hold it as support. If so, we could see them taking out all the liquidity towards the ATH by the end of the week.
Be cautious though, if they preparing a big move; they might spike the low one last time tonight before taking off.
The most healthy thing for the bull market is not to open any long but just buy on spot, that would already give you a 15% return in the coming days if(!) the above scenario plays out. Market opens in 2 hours, fireworks in about 5, lets see if this scenario plays out or not. Yeah I hear you thinking; you said a reversal this weekend, but instead we got an accumulation weekend, which is much healthier in my opinion. Go Asia! Oh, and I will update you with some new low cap gems by tomorrow, some great opportunities out there if you have patience and wait till they pump.
IMPORTANT: this is not financial advice. trade or invest based on your own risk and research.
Be cautious though, if they preparing a big move; they might spike the low one last time tonight before taking off.
The most healthy thing for the bull market is not to open any long but just buy on spot, that would already give you a 15% return in the coming days if(!) the above scenario plays out. Market opens in 2 hours, fireworks in about 5, lets see if this scenario plays out or not. Yeah I hear you thinking; you said a reversal this weekend, but instead we got an accumulation weekend, which is much healthier in my opinion. Go Asia! Oh, and I will update you with some new low cap gems by tomorrow, some great opportunities out there if you have patience and wait till they pump.
IMPORTANT: this is not financial advice. trade or invest based on your own risk and research.
Note
As said; go Asia! Sydney isnt fooling around, lets see what Tokyo has in mind... :)Note
I found a pattern in the price behavior that is similar to end of September. Can you spot it too? Its good and bad at the same time, especially for leveraged traders. Interesting days ahead… lets see how the NY session goes…
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