We have been in a bear market for a few months now. In a bear market, Pump and Dump schemes are extremely easy to pull off if you are a whale or a bunch of whales. In a bull market, people would instantly buy the dump, leaving whales holding fiat bags and decreasing their position. But in a bear market, when a whale pumps a few % people instantly FOMO into it...
Thanks to low volume and the advent of Bitmex 100x leverage margin trading it's now possible for whales to pump and dump Bitcoin, which is why we've been seeing 5% up/down swings over the past week. Here's an idea of how to take advantage of a potential 5% upswing. Why is the price moving up and down ~5% ? The answer simple. Because you only need 4% swings to...
I'm out of the market into the safety of fiat USD for now. This is very much a dynamic market and things are changing so dam fast on the charts, I couldn't even keep up with the 1,5 and 15 minute charts early this morning as I prepared this video. Personally for me, I think its too dangerous to play right now and I am now simply observing this ball game from the...
Whales are setting big Low Buy Walls and keep pulling down Panic sellers who create their own doom by creating Sell limits close to the price in turn creating clogs and sell walls that wont let the price move up. If only if Sellers knew the best thing to do is create High Sell Limits. Example: the price is dropping to 333000, then set the damn Set limit to...
These need to be studied more, acknowledged, and prepared for.
Amazing bull action in the last couple days and 24 hours specifically. After the brief dip below the 200SMA we bounced back and rode for while only to break above previous levels of 9500. It seems hard to believe BTC will run back up through to the 15000 level and above... but we know how this pump seems to go. Wondering if the sentiment can really change that...
As you can see by the chart- Ripple was a clear pump and dump setup- almost too perfect. You can see the volume slowly ramp up from virtually nothing, and on the way up various volume "peaks" (buy volume spike until a certain level then an equal sell volume spike). This is the price being, quite literally, artificially pumped. As we reach our final cashout level...
Ok, we finally reached 4H Ichi and it's happening. P.S.: Have you seen that pupn and dump? Momeone drawed an upward move and FOMOs start to bu like crazy, but minutes later it was dumped. 500BTC was sold at 9k on GDAX
Looking for short term target to the Fib 161.8% extension on this pump and dump alert. No value in this trade other than a quick buck so don't get caught holding the bag! Never trade money that you can afford to loose and as always plan your trade and trade your plan!
If we take a look at some of the daily performances for KMD. Then we will find that there are numerous short spikes, then major tanks lower. This leads investors to have no confidence in the crypto and will soon be abandoning it. The creators of KMD should monitor the performance of their crypto more closely as it is obvious to the naked eye that this is...
Eastman Kodak has has been going crazy in the passed 3 days on their adoption of "blockchain technology" (everybodies favorite buzzword). And it has grown nearly 250%. Not only is that absolutely insane for the current market but Kodak has had a losing streak pretty much since it has gone public... To top it all off, take a look at the volume: more shares have...
We are still moving in this channel but it's possible that we have not seen the rest of the downside. I think there is a possibility that IF we break downward and close below the 50 day that we will retest the 100 day moving average, shown in blue. At that point we will see how the price holds at that level and reevaluate. If we see the price continue bounce...
Looks more like a bearish retracement and about to fall over. I could be wrong. I road this pump and dump up and after reading a ton of FUD online and just the whitepaper in general - I'm like wtf? - Ain't no time for drama even if its fake news. Either way, both chart and research say this is dog sh!t. Then again, I thought snapchat was dog sh!t and it still...
Check out this volume spike + run up. Some serious P&D action! Agree / Disagree?
Ok... Start coin is about as dead as they come, but look at this chart! There has been an insanely long accumulation period, and coins like this love to pump. This is a fantastic Risk/Reward opportunity to throw 1-2% of your portfolio at and walk away. I'm talking 10x minimum.
A more natural growth baseline. It may plod along for a while on this same gradual upwards trend until the next pump and dump attempt. It is noted that some agitators are still busy with their XVG FUD. Another pump and dump might not be too far away on the horizon? Or last desperate attempts to short XVG just a bit further, perhaps the dump did not go as far...
if you are riding waves i would sell at the red line. truly hate tracking this kind of pump and dump. NEW TRADERS PLEASE STAY AWAY FROM THIS! MUCH EASIER COINS TO TRACK AND GAIN FROM. Happy Trading~!~!