Whales
XRP/USDT CRITICAL MOVE
XRP is always known for being delay and not doing good when everyone else is... but when everyone dumps and btc dumps this XRP goes along with it. It is a sign that people that holds XRP esp whales are active seller to accumulate more... than just hodling these assets.
Pattern: Descending Triangle
Could be also flat bottom, three tops.
if the 200MA is a strong support, which is normally should be... what happens is it may get back to the triangle and retest that trend line we failed
to break before. But I am still not selling... I will just forcus on planting and gathering more XRP or just accumulate to the support zones.
Thank you :)
ETH pullback before new ATH?Good morning traders,
Todays Crypto forecast is for ETH.
Currently we are in a STRONG move up, this momentum will be sucking in new traders and new money each day.
What does this mean? Looking at the current PA we can see a pullback is due and we are right in the target zone of a daily range which has yet to be mitigated.
Currently I am expecting a pullback to the marks range before targeting the highs. Overall the momentum is certainly bullish but in the short term I expect a pullback, BTD because this could be the last chance for SUB 10k ETH...
As always trade safe EnvisionEJ
#Akra / #Usdt #Akro / #Usdt
Buy 📍 : 0.033674 / 0.027200
Target 🎯:
🎯 0.041239
🎯🎯 0.058359
🎯🎯🎯 0.069840
🎯🎯🎯🎯 0.086758
_____________________________
Buy 02 🐊🐊 : 0.023112
Buy 03 🐊🐊🐊 : 0.015257
ETHEREUM Drop -> Elliott WavesDespite the good news for Ethereum, Bitcoin and Ethereum, although they have been able to overcome some resistance, but Bitcoin is at a very sensitive position and according to the waves of Elliott Correction Waves, the heavy fall of ETH is not far from the mind...
These are just my personal analysis and are by no means a financial advise...
And personally, I would like Bitcoin and Ethereum to continue to rise, but I have learned that in this market, it does not matter what we like and we should not look at the market with prejudice.
RESPECT, AqayeSalehi
RUNE RUNNIN!Salve
Come Stai?
RUNE try to back to 10 again, but for new followers, ThorChain’s consensus is proof-of-stake and built on Tendermint (Cosmos), with network validators (nodes) required to bond their native token, RUNE. RUNE has a token model that increases in value as the utilization of the network grows. This means that the more liquidity is deposited into ThorChain liquidity pools, the more valuable RUNE gets.
Targets 5.5 - 7 - 9 - 11 - 12
Stop loss 4.5 - 4
Ciao
[Bitcoin]: Somebody on Bitfinex is manipulating whole market!Never before Bitfinex shorts were as high as on the previous 2 peaks. Even when we had a big Crypto Market and BTC dip this year!
Thus somebody realized what kind of power does this graph hold in the eyes of traders and their followers.
So, what do they do now? They push shorts really high in an extremely short time frame spanning from few hours to few days and it's one entity most probably only!
What happens next?
After the shorts start to go up we sooner or later dump! (red)
After the shorts go down we sooner or later pump! (green)
After shorts reach peak there is a strong trend coming! (blue)
Most probably they are influencing BTC to stay in the channel and not break up or break down.
That's why it did not happen as suggested in previous posts since that kind of entity can put a position worth few thousand of BTC in order for this to be seen!
Why would somebody close them so fast and how can that entity do that on the market is probably a rethorical question but don't forget - 10000 BTC is worth around $300 mio!
Since BTC is moving down already we can expect further dip and most probably then the bounce from support channel.
BNB Powerfull - Elliott WavesBuy and Sell prices marked in chart
This signal is for relatively professional traders
And for beginners and low-risk people, it is recommended to buy at Buy#3 and bring Stop Loss to 310 and take all the profits in TP#1
This chart is more about analysis than the signal , So not recommended for everyone (SIGNAL)
Because the general trend of the market is not clear yet
And despite the growth of the market Especially Altcoins, it may still be in bearish market, so be very careful and reduce your risks, because in this market there is always an opportunity for big profits, so do not rush for any deal in this market.
Thank you for your attention, AqayeSalehi
Happy Trading...
BITCOIN- Video UpdateApologies for the noise guys but I am training a bunch of people these days and the noise here is ON.
Take a look at my video and see what my trading plan is, how I am bearish (short term-right now) but on ALERT for a potential HUGE movement upwards if the price breaks resistance.
hope it makes sense and it's not too confusing.
One Love,
the FXPROFESSOR
Marine Biology Holds The Answer- (Whale is about to Poop 🐋💩)Don't laugh, this is a serious question on a serious chart by a serious analyst.
As you can see on the Bitcoin chart, it has been totally a Whale's game for a few weeks now. Our usual technical analysis that had been performing like a Swiss watch until then, suddenly stopped producing the usual 'buy here', 'sell here', 'buy again here' pin point successful prognostics.
Something was going wrong but I have just managed to 'see it' in the chart... it is a Big Fat Ugly WHALE with a nice smile on her face. Whale ate a lot of candles, red and green; and a lot of liquified positions.
Surprisingly enough the Whale analysis (technically it's called Marine Biology Exponential Moving Whaling Average) agrees with my technical analysis:
The price is about to get volatile and pick a direction (the wedge)
The Whale is full and is about to POOP💩
I immediately had to run to Google to find the answer, since I am divorced and I have no encyclopedia at home (a wife who knows everything💡).
so I Googled this: '' where does whale poop go'' 🤔💭
Google says it goes up!!!! Unlike fish poop, whale poop floats! ! BITCOIN WE ARE GOING HIGHER!! 🤩✨🤗
JUST BE CAREFUL: Usually whales fart first (false breakout) then take a nice dive before releasing their flying shit all over the chart. - WHAT A RELIEF THAT WILL BE FOR ALL OF US!!!
FXPROFESSOR
Uncertified Marine Biologist and Whale Shitologist
ps. whale poop is expensive. It goes for $7,000 a pound - that means Bitcoin will start a rally to 77,000$
Wyckoff Accumulation (Update)For the past month Bitcoin has been in a very boring sideways moving range. However this pattern shown in the chart is a Wyckoff accumulation pattern which is used by the big whales to manipulate the market and acquire as much Bitcoin as possible while making the weak hands sell their Bitcoins by bulltrapping and bear trapping as seen in phase B and C. If BTC can hold the 33k level until the next daily candle this might be the last time we see 33k. We are at the very end of Phase C according to the Wyckoff accumulation pattern and are starting Phase D which signals a huge move towards the upside before consolidating a bit and launching even higher in Phase E. This would be a really good long position to keep an eye for. RSI on the Daily is also looking very bullish. It has been trending in a downwards sloping resistance for a couple of days now and a break up is inevitable and could result in a big move for Bitcoin! have linked a picture of the Wyckoff accumulation pattern. Good luck traders!
Bitcoin Breaks Back Into Falling Wedge, Zero's in on Elliot WaveIf anyone tells you they know what Bitcoin is going to do here, they're lying to you.
I do not like that BTC broke back into its Falling Wedge, but it is still respecting the bottom of the Wyckoff Trading Range by not breaking back into the purple area.
In a previous post, I noted I was watching for both of these events. The first has happened, so we watch for the second now.
I remain bullish in the short-term, though, as we see additional confluence in the Elliot Wave in its final leg.
To confirm, I'm looking for BTC to climb back up above the wedge today or tomorrow, likely re-re-test it again, and if it succeeds, create the last upward leg of the Elliot Wave. If this ends up not playing out and BTC closes a candle within the purple, then we start to look at a possible Redistribution instead of an Accumulation. We're not there yet, but we consider it as we implement Risk Management.
We all want BTC to start going up. but the people that make money are the ones that look at the current situation as objectively as possible. Every bullish scenario has a bearish counterpart. We need to know what that is and prepare for it no matter how unlikely. this price action is boring, but it's building to something, and there's money to be made - whichever direction it ends up going.
Resources
Elliot Wave Theory - www.investopedia.com
Wyckoff Redistribution - stockcharts.com
Hope everyone is getting ready for a great 4th of July weekend here in the states. Be safe.
******
I'm starting out my Twitter account for Crypto. If you want "bottom line" content that doesn't spin you in technical circles or tries to sell you something, follow me if you'd be so kind, and share your thoughts. We're all learning, let's make money together .
Has This Happened Before?Without a doubt. Over and over and over again. This has happened throughout the entire Bitcoin run, going back years. Basic, proven market tenets and strategies withstand the test of time, and when someone can identify them, there's potential for bigtime profit.
If you have read my previous posts, you know that I'm tracking a Wyckoff Accumulation phase that is encapsulating a Falling Wedge pattern. Accumulation phases are used by Market Movers to force weak hands to panic sell their positions so that they can soak them up at cheaper prices. When these movers have squeezed the sponge of every last drop, then we begin the Markup phase where prices climb, and money is made.
But we do not have to speculate if Wyckoff Accumulation is a real thing. Despite being a tried and true strategy for decades in the stock market, a quick scan of past Bitcoin price action shows history repeating itself over and over. I'll show you.
Current Accumulation Pattern
Accumulation - November, 2019
Accumulation - June, 2018
Accumulation - March, 2018
And so on, and so on...
Keys to Making Money in Crypto
Strip Out the Emotion - The market doesn't care about our feelings. Find the patterns, look at the data, make decisions based on that.
Stop Trying to Get Rich Quick - Pump and Dumps are scams. Don't GAMBLE in Crypto. INVEST.
Learn the Patterns - Learn solid Technical Analysis. What are the candles telling you? What are the patterns telling you? Don't worry about what the YouTubers are telling you. Their motivations are different than yours.
Trade Like the Whales - Learn what Market Movers are thinking, and move when they move. Market Psychology is designed to make you sell when you're supposed to buy, and buy when you're supposed to sell.
Implement Risk Management - Don't invest more than you can afford to lose, and protect your positions with stop losses.
******
I'm starting out my Twitter account for Crypto. If you want "bottom line" content that doesn't spin you in technical circles or tries to sell you something, follow me if you'd be so kind, and share your thoughts. We're all learning, let's make money together .
Bitcoin Holding Steady Above it's Falling WedgeThe crypto market as a whole had a great day today. We all breathed a sigh of relief when Bitcoin FINALLY DID SOMETHING DIFFERENT. And for those that have been paying attention you'll know that Bitcoin continues on its Wyckoffian Accumulation pattern, having finally broken out of both its Falling Wedge and the lower resistance that makes up the Trading Range.
As of the time of this writing, we're seeing a slight pull-back, more than likely to test the top of the Falling Wedge - a Wedge, by the way, that most YouTube cryptoers hadn't even acknowledged until they needed a bullish signal to justify the breakout to the top, when they were scaring their viewers of an impending dump to the 20k's.
I like to take things one step at a time. So for the next day or so I'm not worrying about 40K or 50K. I'm laser focused HERE:
This is where we live for the next few hours. Everything else is noise. Does Bitcoin respect the top of the Wedge as support and continue up?
If the answer we get is no, then the next area I'm looking at is this:
Does Bitcoin respect the top of the Accumulation Trading Range?
If the answer we get then is no, then we look for the bearish scenario and a dump down below 30K. And while I don't believe this scenario will play out, remember that Accumulation is an intentionally executed strategy. A euphoric (albeit small) pump to the upside has massive psychology behind it after weeks of boring sideways movement. It is reasonable to believe that Market Makers would use that and then dump the market to incite a final panic sell. So be careful, and remember that dips are not scary. Dips are where wealth is made.
I'm starting out my Twitter account for Crypto. If you want "bottom line" content that doesn't spin you in technical circles or tries to sell you something, follow me if you'd be so kind, and share your thoughts. We're all learning, let's make money together.
Bitcoin road to 200kI think this is one of the possible scenarios for bitcoin this cycle. I am not saying is going to happen exactly like this, but i think can be so similar. I think we bottomed and now we can reach $100k in next months before next big correction where everyone will think again "this cycle is end" before really big moves, mania phase and euphoria.
Whales strategy to grind horizzontally through resistance?I think Whales trying to squeeze shorts horizontally and trying to push through resistance whit limit orders on support levels. This strategy is the same which pushed btc over the resistance on JUN 26. Once shorts are met and liquidated, whales slowly push up until new shorts are met, then start to liquidate those. In the meantime try to build up momentum reversing hourly MACD. Eth momentum have possibly an effect on keeping the hype up and push btc price up.
whales strategy for current breakthrough in BTCThis is just my theory on what's going on. Instead of fighting their way up, btc whales are fighting for support and reversing MACD 1h trend. Instead of buying at increasingly high price, i think whales are also taking advantage of eth ramping actions. To go through resistance, it might take some time, and the battle might get rough at next MACD switch.
I believe we are near the bottomI believe we are near the bottom and soon we will see huge breakout + glorious short squeeze. Everyone is extremely bearish at this point, whales in bitfinex are manipulating the price going down to buy more, short term holders are capitulated, month 1.68 fib is holding pretty good at 30 keks. I am not sure exactly if we bottomed or we can go on wick to 27-28k but at some point i think we will breakout very fast and huge.