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Manipulation

A clearer pictureAfter viewing many charts, hundreds, thousands? Try to imagine from experience of how this chart will look in a month, 2 ,3,6 months...IF it does go up from here to ATH's, THEN the chart would stand out in contrast with virtually any chart you've ever seen and undeniably prove the level at which BTC is manipulated. We'll have to wait and see how much they (institutional whales) want to expose themselves as the dirty banksters they are and who are the reason BTC was developed in the first place. When the USD is done dying, (which it's not showing the symptoms of currently but is on it's last leg) how will that affect the fractional reserve exchanges? Will they survive the transition when the Yuan or Ruble is the world's reserve currency? Update: As I've been writing this (not looking at price) I see it's risen unexpectedly...hmmmmm?
Short
by yankecwby
1
Very important pivot on BTC! $14K or $9K?! Lets wait and see!If you followed my previous assessment, you'll see that I called the bounce nearly perfectly: At the current market levels, we are at a very interesting point here. In the last few weeks and last July we have seen loads of market manipulation by the big money wallets. On July 14th for example, we saw an open of 11370.5 and a close of 10185.5 – a dump over $1,000 in a single day. On the 15th, we saw a rally only to be shut down by a $1,400 dump in a single day. What all of this means is that market manipulators are rinsing and repeating in this market right now, pump it to make retail investors fomo in, and them dumping it to liquidity zones where mainly retail traders are located at. This month we have seen a lot of movement to the upside and are in a current small correction for those moves – whether its accumulation or distribution is yet to be seen. I’m speculating that at our current level if we hold and bounce to the upside then we will go on to $14,000, however if we dump here I’m speculating we go back down to $9,000 to test that level again, and if we break then $8,500 is the next level I’ll be watching. Either way, there is no assured up or down prediction here. If July shows you anything, it’s that this market is moved by large wallet manipulators who want to take your money. Don’t be one of those losers who fomo and get liq’d, play it smart and watch for the market to decide on a clear direction. My personal opinion is we bounce here based on the July and August Pivot points marked in blue. Either way I’m not making a trade until we have clear direction. Cheers,
BITMEX:BTCUSD.P
by TipTopTraders
Your Favorite Bear ReportVolume Oscillation - paradigm shift on the belief. The attitude is gone. The Bull is in question and the traders are in waiting. Everyone is either looking for a deal to take this thing higher or they're looking for confirmation to get the hell out. We've dipped in volume to levels not seen since the start of the rally. RSI - Doesn't matter. Relative strength is uh.. No one cares.If price propagates around current levels for some time, the index could normalize and that'll give us relative room to go higher. If we do see a drop, the index will bottom out more suddenly and give us a new consolidation level fairly close to the current price. We're not going back down to $7,000 overnight. We'll likely test 10,500 and even 8,800 on the way down. There's really nothing else to make of the patterns other than we're clearly consolidating to make a decision from there. From what I've seen, you have got to be cautious on the way down. Short positions notoriously get knocked out when bitcoin gets to these longer termed consolidations. It'll throw up $500 increase on you before simmering back down to confirm an appropriate time to short. Don't just look for the price to leave the 'wedge' beneath the bottom portion of the triangle. Look for some volume and distance away from the dogpile.
BITFINEX:BTCUSDShort
by thehoplite
12
After his success manipulating the US stock market...Donald Trump wants to devaluate the US dollar. From the South China Morning Post: "The euro – which has dropped nearly 10 per cent against the dollar since early 2018 – is 22 per cent undervalued versus the greenback, according to a purchasing power parity measure of the Organisation for Economic Cooperation and Development. The dollar itself is considered too strong: in the Bank of America Merrill Lynch’s latest fund manager survey, a record 60 per cent of respondents saw the greenback as overvalued." Got my trading accounts in USD (and in XBT on my little Bitmex account :p). May be time to turn it to euro... The euro downtrend got weaker and weaker and it is looking like a possible reversal and it is undervalued anyway. I think it should go up in the long term. But I only think it would go up something like 10%, over a several months period. Not a huge deal. I see at least a buy trade if we go visit that area. I do not think it is necessary to look for a bottoming chart pattern. Stop loss can be set at 1.11 or a little below. Entry 1.11250 maybe. Are we going to get Trump tweets to try to move the USD valuation like with the stock market?
Long
by MrRenev
2
SPOOKY MANIPULATION IS HAPPENING! Chainlink Bullish Wedge Part 2Welcome to the games. I just want to start by saying that this is some of the most OBVIOUS market manipulation I have ever seen and this gives me some serous doubts about the long term health of this market. It seemed like before we would reach our target of around 24k sats region, but we ended up taking profits at the 22k as we started to turn downwards. I posted a swing trade near the lows to try to catch the 15.5k region dip, which we successfully did. If you had been following my ideas you would have increased your chainlink stack by a nice amount already! However, it is important to use limit orders because we were there and gone in a matter of minutes before bouncing back. Now this chapter of the game is spooky, so be warned. You know that fib levels can be scarily accurate, and this can sometmes be chance or sometimes pure manipulation for who knows what reason? Well that last dump pretty much confirms that fib levels, especially the .618 golden ratio are vitally important to some of the big players (look up numerology, it's a rabbit hole and the elites love this stuff.) So previously, the target of the bullish wedge on this graph didn't match any fib levels really. But now that you pull down the fib retracement to the new low, the target of the wedge is NOW equal to the .618 fib level, at 23233 sats. It's almost as if some group of people decided that it NEEDED to be this way and were willing to dump and liquidate many traders while risking and burning a lot of capital to make it happen, since they saw the wedge was playing out but it wouldn't hit a fib level that was good for them. Of course this bizarre theory could all just be in my head and it's just a trap to play the same game again in the opposite direction as we have seen many times. Further TA shows it could possibly be a short term bearish wedge with a target of in the 15600 sats region, so I will be taking a percentage profits from my rebuy already to try and load up on some more down there. Let me know what you think, and please don't forget to leave a like! Previous analysis:
Long
by Etch1234
3
20k Before August? 75k Before 2020? So looks like 20k is within sight before the end of next month. 75k before the end of this year. Bitcoin was supposed to bounce around in that channel between the red top trendline and the green bottom trendline for a year and a half. We didn't double bottom we didn't double golden cross we skipped all that and we aren't going to slowly break our 10k 11.5, 13.5, etc resistances slowly over the course of a year. We're going straight back to 20k. IF in fact this same pattern is valid. And I just copied and moved the pattern from 2015/16 market to where we are now. See for yourself. I was waiting to buy after a correction. But we did not double bottom, and a correction doesn't appear to be possible. If they can print tether 100% pump bitcoin 200%, why not keep going? Who is gonna stop them?
BNC:BLXLong
by pacman7331
Bitcoin Stopped Correlating to 2015-2016 Bear / Bull market It was a very close correlation for all of 2018 and into early 2019 between 2015 and 2018 bear market. But now that correlation has ended. As you can see we should have double bottomed on the 200 weekly moving average if we were still following the 2015 pattern, then have a 2nd golden cross and pumped 200% +. We skipped over that and have already pumped 200%. Thanks to tether printers. coinmarketcap.com We should also therefore stop expecting a massive sell off in the markets, tether is a major bitcoin support. Lowest price will probably not even touch 6xxx anymore. Even though this tether printing has the exact pattern of the bitcoin price explosion. FOMO Joe was able to return to the whales 1 dollar for every dollar the tether printer pressed. FOMO Joe already pumped bitcoin higher than the parabola did in 2015. Tether only had to print 100% more for a 200% bitcoin ROI . Our major support is going to be that red and green trendline . If we had correlated continuously we should see 250 - 350k by the end of this bull market. But now I suppose that target will be even higher.
BNC:BLX
by pacman7331
1
Tether Bubble / cryptocurrency bullshit So yea... As has been pointed out before this market is being driven by tether printing. You can see (unfortunately I can’t insert on tradingview) coinmarketcap.com A 200% increase in USDT over a period of December 2018 to today and a 200% in price of bitcoin in the same period of time. If you wanna ride the whales, just go to the chart on coin market cap. And when you see the tether market cap go up try to get into bitcoin before they do! The trend is 1:1. Tether is being used to pump a bitcoin bubble. Aside from that I think this market is totally illegitimate, people behind USDT and exchanges that use it to buy and sell bitcoin should all go to jail. Problem is internet is worldwide and these exchanges are hiding in 3rd world countries away from any jurisdictions which can prosecute them for manipulation. If any of you know where you can trade your USDT for real money let me know! Cuz all I know is that these billionaires may be able to do that, but the little guy can’t. If you trust the good will of these tether co. Hiding in 3rd world countries away from the cops to buy and sell bitcoin to you, good luck!
Short
by pacman7331
Potential trade setup: EUR/NZD analysisPrice has rallied towards a key dynamic resistance for the 3rd drive, 1.72250 could be a key barrier which many sell orders may be filled at these highs, however we may see some manipulative price action at and therefore take opportunities on additional -sell positions at spike levels that could potentially tap the 61.8% fib level, overpriced region, before price reverses to our highlighted target of 1.7000-1.69000 for a major correction. this could be a great risk-reward trade, 25 pips above spike and potential 200 pip move towards the downside, could ECB speech later on today be the boost needed?
Short
by danresdidualfx
Trade Setup: GBP/AUD analysisprice has created its 3rd drive into the highs of that dynamic resistance price region that price previously tested. IF 4HR candle can close as a Doji suggesting indecision and potential rejection at the key trendline we could see price form a new higher low? and correct to the 1.82000 level (61.8% retracement zone) before accumulating buying orders to break the key trendline and reverse to new highs - SL is set higher than our previous wick rejection, if price breaks above the resistance and closes above, it's likely that price could rally towards our long term targets of 1.85000 Risk reward ratio is 1:2
Short
by danresdidualfx
S&P 500 - potential for 2100 by Jan 2020In the upcoming days I'm confident we will see a continued rally in the S&P off of the news that Mr. Trump has solved "the problem" of the Mexico tariffs. While trying to remain as unbiased as possible, it is becoming more and more apparent that the current market news cycle could legitimately be subject to manipulation by Trump's continued belief that a strong market is indicative of his success in guiding the US economy. Seeing repeated bait and switch tactics on key economic policy decisions and the trade talks does not bode well for my confidence in long-term economic strength in both the real economy and the market. Barring a true resolution of our engagement with China, I believe we are on course to see this head and shoulders pattern playout over the next 6-8 months. If the 2500 level breaks and confirms this pattern, a 38.2% retracement back to the 2100 levels for the S&P is certainly possible. Keeping in mind that with such a long-term call as this, any major economic events that take place between now and then could drastically alter the circumstances that have preempted this view anticipating a continued decline on the major market indexes. I am by no means absolute on this position, and future developments will certainly be taken into account when assessing whether or not to maintain this position. In anticipation of this rally, I will be working to assess when there is disparity on the premiums on long-term puts extending into 2020 on SPY. I hope to take advantage of potential price movement back into 290, to get cheap "insurance" on this market as I can cannot be confident in continued bullish momentum at this time.
AMEX:SPYShort
by Captainsmugglebutt
1
BTC Retracement to 6,000 - before the next bull runAs you can see, BTC has gained a lot of selling pressure over the last few days. Perhaps due to bigger participants taking profits after we hit the psychological number of 9,000. The ADX shows buyers are starting to gain dominance, indicated by the red line crossing the green line. And volatility is starting to pick up. Furthermore, i have taken a previous move from the last major bullrun which is a mirror image of the current move. History tends to repeat itself. Furthermore, this matches up with a 50-61.8% retracement. For even more confluence this would tap the psychological number of 6,000. I will be cashing out my BTC into stable coins for the meantime, before a rentry after more confluence. As it is still possible this could be a major fakeout, even though that is unlikely, i like to consider all options. Conclusion - Bearish momentum to the downside (6,000) before a nice upside move. BULL MARKETS ARE BUILT ON BEAR BLOOD. BEARS WILL BE SELLING SELLING SELLING. THE MASSES WILL FOLLOW... THEN THE BULLS COME BACK TO FIGHT. Happy trading.
BITFINEX:BTCUSD
by ikdavis