A pretty nice run up followed by a dump. Lots of volume transacted here, bottom is here or not much lower assuming this doesn't megadump. Overall a good place to buy in for a scalp if not a hold. The only thing that worries me is a megadump but looking at it right now I think it's unlikely. If it does happen it' should be a very good long. Lots of people forced...
Bitcoin may stop it's pump here for now. Massive dump trapping many buyers.
Someone was defending the 400 area and market shorted 3 mill, it went against him and he was liquidated. At the same time many others also were forced to market into the same area. Someone caught it, realized what happened and dumped the price. Now they should be getting out in this area, and we can go up again. A cluster of buys in one area is never a good...
Safe to long here if it can hold for a bit. Massive fills, hundreds of millions of volume, if it can hold this should be the new support.
This idea is just a region of interest which is a very good long entry. I expected a stop hunt in the circled region which never happened. A new 100% safe entry should be the white line where the bare minimum is bounce if not bottom.
Saving this for later, big 7 million liq on Bitmex. You would expect price to return to fair price but the volume was very high, this may hold 644. Think of bitcoin on the way down to 3k. Many 10 million liquidations then aswell, price did not recover, instead kept going down.
Ethereum is very bullish, lots of support built on the way up. For now place bids in that region, as it should support a bounce at least.
Long Bitcoin. All time highs, very bullish, lots of support. A few bids at support won't hurt and it should bounce at the very least. There is enough fuel for higher highs once some more consolidation happens.
This chart really shows that there is some very strong buyers in this area. There was a dump attempt? But caught by walls. I think it could consolidate for a while before moving upwards. This may be the accumulation before higher highs, but that is just a guess backed by nothing. I believe that there is accumulation at this area.
Support formed for ethereum. Whether it is enough to fuel us past 590 is another story. For now 577 is support. It should support a bounce close to 590.
Some examples of market manipulation. Posted for fun. But sometimes it doesn't work out
Bitcoin will bounce off support. Large trade in circled area
Not much support anywhere, we are below ideal support at the moment. It could head lower if we don't get above 19500
Strong support formed here. It's still bullish long term. After a bit of consolidation it should head higher. I do expect a correction in this area.
Support is here, resistance at the top. It should bounce up. Bitcoin could have topped for now. If it does go higher now it might consolidate here and move up.