UnknownUnicorn34700073

UnknownUnicorn34700073 Updated 

Weekly chart has been following a classic "M" formation EXACTLY. The next stop is $4,000. This of course is not the final stop, as Crypto Mining will be banned as Governments roll-out digital currencies. The ultimate stop, of course, is 0$. Never forget, crypto is just a soft introduction for the public to government digital currencies. Thank you for playing,...

UnknownUnicorn34700073 Updated 

As I have said in my previous posts this week, understanding the trend makes your trading life easy. Instead of obsessing over charts here that are no more useful than finger paintings, focus on the broader economic picture, and how that picture will affect the top scam - crypto. We are and have been in a clear downtrend. This is unarguable by any serious...

UnknownUnicorn34700073 Updated 

Same plan as my previous posts. Establish a short position, buy additional positions if the price moves up to get a better average and TP. If the price drops, we already have a position and profit as well. Know the ultimate trend direction, and you can place these trades all day. Working the same zones over and over. We actually want fake pumps against the...

UnknownUnicorn34700073 Updated 

Monthly is also on the 3rd wave on the journey to 4k, although $0 is the end destination as crypto mining will eventually be banned or severely restricted. Ideally, a nice pump to $34,500 would have been an ideal pump and dump zone for liquidity providers, but every-time they try to pump and find buyers it is a complete ghost town - which is sadly pathetic and...

UnknownUnicorn34700073 Updated 

New short established at $20,076. If the universe is kind, we will get another fake pump and we can add additional short positions and improve our average. Otherwise we will have to settle with another 100% plus, on a single position.

UnknownUnicorn34700073 Updated 

Established several short positions on the way up, brought the average entry to $20,373. Hopefully we will get a nice fake scam pump to $22,800 and $25,200 - but we probably won't be so lucky. If it does, I'll add additional positions. Take Profit will be around $19,500.