Binance hacked? Price manipulation being prepared? Whats up?As you may have observed, trading on Binance wasn't working today for several hours ("maintenance purposes"). Now in the Binance app I see this message, one hour old:
"Fellow Binancians,
Due to a warning from a pre-trade check in our risk management system, we will postpone the start of trading and withdrawals.
Please stay tuned for more information regarding the reopening of trading and withdrawals.
We apologize for any inconvenience and thank you for your patience.
Thanks for your support!
Binance Team"
What is going on? Warning, risk management?? Are they being hacked, or are big whales depositing a lot and getting ready for big move? Is some market manipulation being prepared? What is going on? This doesnt make me feel safe very much.
Thanks and best regards!
Tomas
2018/06/26
Manipulation
Bitcoin cycle update: this is not a "triple bottom"This is a continuation of my "Bitcoin absolute worst case scenario, possible bottoms" I would recommend looking at that to explain this a little better. Just waiting for institutions to take the short positions for themselves distribution consolidation pattern until we get a nice big drop.
BTC 666 PART 3A lot of people (me too) was expecting FIFA 2018 like a boom for Bitcoin.
WE ALL WERE DECEIVED
Bitcoin started dropping at 6660 USD, Think as a whale or manipulator from dark forces,
Bitcoin is being accepted as payment method in FIFA 2018, so it means this mvthaf*ckers need to dump the price in order to fill their bags because if btc is cheap, bitcoiners in fifa will have to give more btc for each thing they pay for.
NOW Bitcoin has being manipulated for dark forces, THIS part 3 is the 4th post from me taking about BITCOIN and 666 relationship. Wake up.
Can't you believe it??
Please Go, read them and see the charts by your self, it doesn't to be exact but goes around 6660 USD,
We just have one thing to do, learning to think as these mvthaf*ckers.
In my humble opinion, please DYOR before dropping rocks on me.
Peace.
Darwinco
ETH - BTC Market is 50-50 bearish/bullish today.. what now?Been visiting the BEST TA pros on TradingView
No one is certain which way we are going.
Indicators and Fundamentals are all over the place.
Will be reporting more on this as things develop over the next few days.
Manipulation Report:
I see evidence of SHORT TERM manipulation by AI bots
This is NOT major... and the big manipulation forces seem to be waiting
For what, I do not know.
Bitcoin Manipulation pattern?I've been recently been reading some books and articles by Richard Wyckoff, who traded manipulation patterns in the stock market around the year 1900-1910. I believe looking for these patterns could be useful in crypto-currencies, as they share the low liquidity and high ease of manipulation of the stock market at the time Wyckoff was trading.
This pattern could indicate that institutions and manipulators are distributing their bitcoin into the market. According to Wyckoff (and common sense), a manipulator can not dump all their bitcoin in one go without them selling for less than they would like, because of the lack of liquidity. They instead look for liquidity pools where retail traders will look to buy, or be forced to buy (short sellers stop losses). Once the manipulator has increased the supply of bitcoin in circulation, the price should eventually drop.
This is a possible trade, after visiting one more liquidity pool. I'm still only testing these ideas so i'm putting in a very small short trade.
The "Bart" pattern in crypto. Why they form and how to spot themI've noticed a meme develop in the crypto community around this unusual price pattern seen almost extensively in crypto currencies, characterized by its sudden rise in price, sideways movement, then sudden drop. However, from my experience similar patterns are rarely seen in higher liquidity markets like Forex.
It is possible that this pattern is sometimes created by institutional manipulation, as it is similar to the manipulation patterns pointed out by Richard Wyckoff in the stock market of the very early 1900s. The main thing to be cautious of is that the patterns are designed by manipulators to catch out retail traders, because in a low liquidity environment they have to shake retail traders out of their positions in order to fill the manipulators orders, as with limited liquidity a large order can't be made without pushing the price away from where the manipulator would like.
There are a few subtle things to look for so that you don't get caught on the wrong side of a "bart". First of all it should not be mistaken as a bull flag, a useful way to tell the difference is to think of where the liquidity pools are, and notice how the market reacts to them. A liquidity pool is where there will be a large amount of buying or selling at a level, this can also be seen in an order book, in a "Bart" (or distribution pattern) the liquidity pool will be located above the first high. Above here breakout traders will look to buy and short stops which were placed above the high will be triggered. If this liquidity pool is suddenly rejected back down multiple times this is a sign of a "stop loss hunt" and that manipulators are taking advantage of this high buying liquidity to distribute supply into the market in the form of shorts. This increase of supply will eventually push the market down. Notice that in a bull flag the selling liquidity pools are bought, and the high is left to break out.
You could try shorting using wyckoffs techniques, however the most important thing I want people to learn from this is DO NOT BUY if you see this, as the pattern is designed by manipulators to look like the perfect moment to buy for retail traders. Also, be careful not to put your stop loss in a liquidity pool, as manipulators are hunting for these.
The link below has some more in depth information on Wykoffs accumulation and distribution patterns and how to trade them.
stockcharts.com
Bitcoin - ETH - bottom is coming...I have been visiting many TA rooms
currently, I follow 27 members
And most are getting it wrong
Many spotted the crossing of 100 ma and 50 ma
Which means a huge SELL signal
Well manipulators would act on that, regardless
But then too many people I follow stated that we would have this big bull play
We did not and instead fell to the lower support area that was 100 more than the bottom we hit in April
Then we bounced
because THAT IS WHAT HAPPENS when you hit a support area that is hiding a lot of buyers
We rose, but it was just a blip on the yearly chart (if you look at yearly, which most do NOT do)
And now we are poised to continue the drop to the bottom.
Where is bottom?
My next post will cover that.
Bitcoin price goes up during WORLD CUP MATCHIs it weird that the price of Bitcoin went up during the first match of the FIFA World Cup in Russia? This was a perfect opportunity for whales to make heaps of money while many people around the world weren't paying attention to their investment.
What are your thoughts?
ETH - BTC June 2018 Forecast based on Price Manipulation TheoryPrice MANIPULATION is Real...
This June, the Feds launched several investigations into this problem.
Note: this chart is an update to the previous 'Red Chart' posted several days ago.
The prediction model I am using is NOT Wyckoff, NOT straight TA, NOT Elliot Wave
it is something ENTIRELY different.
For those of you who worry about this..
I have a Persian friend who does great TA and I am loosely following his short term charts...
which are accurate most of the time when just about everyone else on this site has been dead wrong.
I report the market sentiment and also the best TA on Trading View and the forecasts of NON Tradingview Pros
REMEMBER THIS! Very long term analysis fundamental and technicalBitcoin almost exclusively moves parabolically with higher highs and higher lows. The tops of each bubble are very hard to predict, but the lows are usually a little bit above the previous high. The 2013 bubble started from around 130$ with a top at around 1200$, then price fell to low of around 170$, the we had the peak of around 20,000$. It is likely that the price may eventually fall to sub-2000$ level then bottom out and start going up again.
Bitcoin is still being used and is known by very few people, which gives it infinite upside potential. With such limited supply and relatively small sell pressure I sincerely believe that in the future, the price will reach enormous unthinkable levels.
Its main long term demand driver(apart from speculation), is its store of value attributes. Uncensored, pseudonymous, INFLATION-PROOF(this alone is a huge price appreciation factor), very difficult to confiscate, easy to store large amounts of it, relatively cheap to transfer, immutable, very difficult to attack and more importantly very little incentive to attack. Everyone can profit from it. There is very little incentive to attack it right now. Fiat money aren't currently threatened because of price volatility in using bitcoin making it very risky for doing regular business, therefore making it bad as a currency(for now). With such a huge upside potential, it is not advised to spend bitcoin in any way. It is more seen as a commodity and a speculation vehicle for most, so it isn't a competitor for fiat in existing violently volatile market conditions. Banks and government officials(meaning some people working for governments - not the governments themselves) can profit hugely from this unregulated market.
Government pumping BTC:
www.coindesk.com
October 22nd, 2015: Bitcoin price range: 268 -280$(BITFINEX). Bitcoin Price Range 13 days later November 4th, 2015: 367 - 504$(BITFINEX)
Bankers manipulating the market:
news.bitcoin.com
These are just a few examples of how serious this 'game' is. I could include many examples like this if I include China and others.
Risk safely, be patient, be brave and may God be with you!
ETH - BTC June 5-30 Forecast - a Wild TheoryThanks for your interest in WILD THEORY
Characteristics and the Basis of this Chart
- Forecast lines are Fibonacci in nature, not true TA
- A retrace like this has happened before on a smaller scale
- Pattern 'cloning' such as this one occurs on a regular basis
- Low probability of occuring, market fundamentals do NOT support it
If you are interested in hearing more about WILD THEORY
- Origins
- Questions and Answers
- Summaries
Then I suggest that you follow me....
and then go back and READ through my past 9 IDEA publications
READ ALL THE COMMENTS within those ideas...
Because that is where I write pages and pages of details.
Hot; EURUSD rocket upIt's finally happening. USDJPY (UJ) is going to drop into the Abyss and EURUSD (EU) will therefore rocket into the sky and perhaps beyond. See my writing style footnote below if the first line somehow bothers you.
Not much time before it starts (maybe it already is) but you will have plenty of time to trade both symbols because I predict EU to start a bull run lasting for almost 2 years and counting possibly up to 2700 pips or more.
Even though everything signals this process has started, pls be highly sceptical at all times. The USD purchasing bull may show up again and do another surprise run like it did a few times this week and every time again surprising me with new forms of price action.
Grab your game! Watch as the trend forms because speculators need to agree on the trend and until then it can be choppy waters. Scalpers may ike this.
Trading 101 sumup follows;
Ask me to detail a subject and I'll publish an idea if I have the time. It's a new idea of me to improve the quality of my ideas and chat messages as I have been told by other traders that I direct everybody into 100% losses :(
If you would like to scalp or day trade and don't know how to trade low volumes then stay away from Mondays and Fridays and trade only London and NY sessions. As the days may shift around due to scheduled process, do a couple of small trades to validate liquidity and therefore your r/r ratio.
Don't be fooled by the likely many signals that the market or its participants have/will set out for you, also known by many as stop hunts, traps, etc. You may already see some of this evidence right now (2.16pm UTC onwards*) similar to what we have seen before and after UJ dropped late November and early December '17, see my ideas for food for thoughts on this. Also back then, the actual process of change seems to start in extra trading hour after market close, which makes you wonder how random the market wants to look.
* Just had a look at 2.16pm UTC and discovered the head hunt is hammer making process. So one may assume it was formed by a programmed algo instead of honest buyers and sellers reacting to price change. Now that I have published this I wonder if someone else has before and if not how long it will take to change.
So start your trades not earlier than Tuesday at London open, (if it's not a holiday, I haven't checked) and do not trade Friday even if it looks like everything will be happening then. If you are confident and testing the liquidity turns out positive then go ahead, but as soon your experience negative change stop right away, call it the day and accept your losses under solid risk management.
If you are a swing trader it's also best to start your trade on Tuesday till Thursday within London or NY session as explained above. Constant liquidity will be in your favour, especially when you trade larger trade unit quantities, think of whole and multiple lots.
1) Buy the low and sell the top. This is obviously true and if applied well, improves you trading performance. How? Well, on a 4H time frame you could just enter wrongly and be looking at red numbers for at least 4 hours, while at the same time missing out opportunities on the other side of the market.
2) Buy the fall and sell the rise... ;)
Ofc you can always post questions in the FX chat room. People there sometimes seem very busy and remotely interested but that is because you may just have missed one of the many that do help out beginners or there is something interesting going on with one of the FX assets. Keep trying!
Cheers,
Arnaud
Footnote: One time message on writing style for all my ideas,
My apologies for my choice of words, it is my writing style. I like to add a little spice to the mix of the imho somewhat metaphorical stuffy and slow moving industry. My analysis and technical experience are mainly from a much faster moving and progressive industry and sector. Thanks for reading.
Another note: I hit 4k idea doc limit so I used space savers.
ICX: Triangle Pop?I haven't seen a chart like this in a while. The indicators are aggressively neutral, but I have identified an ascending triangle. To add to this, the 55EMA is below the 21, 13 and 8 lines, which is another short-term bullish sign.
This isn't the safest play, and I have a feeling there's some artificial pricing happening here, but if I'm right, then we'll gain some good insight into how market makers can even toy with indicators when they want to.
Bitcoin - ETH - Nice Surprise in AM - Hopes for Price RiseWoke this morning, thinking we fell..
cleared the sand out of my eyes and saw the opposite.
For those of you who are new to TA...
We are starting on the rising leg a formation called an inverted Head and Shoulders.
No, this is not a crushed bottle of dandruff fighting Head and Shoulders shampoo.
Visit these SAFE links to learn more about this pattern on Investopedia:
www.investopedia.com
www.investopedia.com
What does this mean for Wild Theory 00?
For the most part, it is interrupted
Here is a segment from my Q&A (published periodically about price manipulation)
Q: Are these (Wild Patterns) ALWAYS present, where they can be identified and followed?
A: Wild Theory is my forecast method for identifying manipulated price movement. This is NOT the only method I use to forecast price, but one of five. And… I have no choice but to follow the manipulations and predict what they will do next, because if I ignore them, their work will hurt my trading. To understand how I uncover their work, think of me as a bloodhound, tracking suspicious ‘engineered’ patterns. Also understand that ‘Wild’ patterns are NOT constantly present. They touch down and lift off in various key areas of a live chart… much like how a tornado descends from the clouds, runs it path and flies back into the clouds. In short, TA charting will return to normal when they are NOT at work… or when the market simply overpowers their efforts. Wild patterns can appear on a large scale (as they have in May 2018) -- but are more evident on a daily and weekly price chart.
BTC - ETH sill trapped in range.. what is next...Thanks for LNE and Botje11, who chat with me a little and took some interest in my words.
Both are superstars on Tradingview, I trust their TA work.
Those of you following me KNOW I take the best TA work and draw my own conclusions.
This is because the MANIPULATORS do their own best TA work and then do their own manipulations.
THEY BUILD ON CURRENT TA, FOLKS and still so many charters on here are in total denial.
Some of the other more popular charters have gotten angry at me..
that I challenged their 30 years experience... yadda yadda yadda
Well, last I checked, we are in a DIGITAL REVOLUTION
and the old ways are changing.. fast
You either keep up or you get left behind.
TA and EW this month is 50% correct and I want better odds.
Enter, then Wild Theory.
Are bears actually bulls in disguise?I'm posting a chart with absolutely no trend-lines, pennants, or any other sort of TA attached for one simple reason; I want to turn down the noise and just reflect on what's happening. Imagine a spring. When you compress or pull the spring and release, it moves back and forth until it finds equilibrium again. The market also acts as such except the spring itself is constantly changing. When we see a series of trend-lines that have the up and down motion inside it, that is the motion of the spring after release. The breaks in trend line is when the market has created a new spring right before release. This is when TA can tell us whether or not the spring will continue it's back and forth motion or if there is a change to the structure.
In the last part of 2017 we saw the spring structure change, pulled, and then released. If there was a constant like in physics, we saw the spring bottom out at about 5,9k as we have not seen it drop below that in almost 4 months. So why would we bounce out of this structure. One: people will intentionally weaken the structure or people will intentionally build the structure, the structure being the spring.
To the question I pose, it seems like an overwhelming number of bears sell coins knowing or with the intent of buying cheaper as to accumulate more of almost any crypto-currency. Essentially you shock or weaken the structure but understand that it can probably rebuild and put you in a better position. However, after reading their ideas it truly feels that most still expect exponential increase in the long run. So perhaps instead of saying that some one is a perma-bear maybe we should shift perspective and realize that most are just simply smart enough to trade the trend.
I think most people are missing a huge point by panicking or not backing up and looking at factors outside of normal trading. Yes there are plenty of whales out there and market makers that are probably consistently manipulating the market, but even whales can't buy countries or compete with most countries GDPs. There are entire countries that are building on blockchain and crypto-currencies as we speak. The big institutions all over the world are prepping trading desks and getting their plans locked down. Major front desk persons have left some of these bigger players to work on their own projects so from the inside they know what is coming. So now ask yourself this. Can all the whales in the world compete with the rest of the world. On the macro level I would have to say it is an extreme and overwhelming "no." They can hinder and slow down or speed up a process, but in the end if we see these currencies come to fruition, not just used as a store of value, then what is a billionaire compared to trillions of dollars of flow of products.
The fact that people are more worried about smaller whales and manipulators than global controllers is definitely missing the forest for the trees.
Price Rise Today was ACCURATELY forecast YESTERDAY - now what..I hate to say I TOLD YOU SO...
Well, I fooled myself this morning....
Woke up and thought, what's with the price rise?
Then I went back to YESTERDAY's CHART
and saw I already predicted this little mini rise...
and wrote a blurb about it ON THE CHART.
And this was NOT a clone detail of the Historical Pattern (Formation A)
How did I derive the short rise?
by considering..
- Trend Lines of Support and Resistance.. that SHOULD interfere with the older pattern
- Upwind regression analysis web page (Dynamic Forecaster for BTC)
- Good news articles about where BTC is heading in June-July to December.
The TA charters who denied this current trend are coming around.
They are UNAPOLOGETICALLY remapping as if they had never been wrong
-- Let me depart some trader WISDOM --
When your TA is wrong and you are day trading..
BEING WRONG IS VERY EXPENSIVE
10Year German Yields : A Scenario to profit from QE endingHope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video.
Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum .
You can check my indicators via my TradingView's Profile : @PRO_Indicators
If you have questions about the topics discussed in that video post a comment with "@PRO_Indicators" handle.
Kindly,
Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Global-Review / May 28th : Waiting for VIX sellers to fail !Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video.
Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum .
You can check my indicators via my TradingView's Profile : @PRO_Indicators
If you have questions about the topics discussed in that video post a comment with "@PRO_Indicators" handle.
Kindly,
Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :