We’ve had a bit SCARY update today. Today’s drop indeed scared many falling rapidly in a free fall.
The conclusion: $4400 is going to be the bottom and the price won’t go lower. The short piercing with the wick is possible. But it will return back to $4400.
The conclusion: $4400 is going to be the bottom and the price won’t go lower. The short piercing with the wick is possible. But it will return back to $4400.
Okay now this is what we get. The losses have already been taken. The blood is already spreading.
That's why we need regulation for stability.
Emerging markets need maturity to be accepted by the big players. Till then stay strong.
Stay Mashed. ❤️
http://www.ccn.com/us-justice-department-probes-tether-for-bitcoin-price-manipulation-report/amp/
That's why we need regulation for stability.
Emerging markets need maturity to be accepted by the big players. Till then stay strong.
Stay Mashed. ❤️
http://www.ccn.com/us-justice-department-probes-tether-for-bitcoin-price-manipulation-report/amp/
CCN
US Justice Department Probes Tether for Bitcoin Price Manipulation: Report
The Justice Department is probing whether USD-pegged crypto token tether (USDT) is being used to manipulate the bitcoin price.
Bitmex Scalp/Swing Trade: XRPZ18
We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex account open the short there. If you have just 1 account you can close all your position here and open short.
The XRPZ18 asset is trying hard to move towards the 78.6% Fib line but hasn't succeeded yet. The asset recently had the 50 MA move under the present 1 hour candle, but we're still seizing bears trying to seize control. A test of the blue line is possible and if bears are strong we'll see more downside to the 200 MA. We'll have more quick steady down movement after the RSI crosses below the support line.
Short Entry: 0.00009545
Leverage: 20x
Targets: 0.0000949 | 0.0000945 | 0.000094 | 0.00009305 | 0.0000921 | 0.000091 | 0.00009 | 0.00008955
Stop Loss: 0.00009643
Risk/Reward Ratio: 6.01 (Good)
Risk Percentage: -20%
https://www.tradingview.com/x/XgU8Q7to
We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex account open the short there. If you have just 1 account you can close all your position here and open short.
The XRPZ18 asset is trying hard to move towards the 78.6% Fib line but hasn't succeeded yet. The asset recently had the 50 MA move under the present 1 hour candle, but we're still seizing bears trying to seize control. A test of the blue line is possible and if bears are strong we'll see more downside to the 200 MA. We'll have more quick steady down movement after the RSI crosses below the support line.
Short Entry: 0.00009545
Leverage: 20x
Targets: 0.0000949 | 0.0000945 | 0.000094 | 0.00009305 | 0.0000921 | 0.000091 | 0.00009 | 0.00008955
Stop Loss: 0.00009643
Risk/Reward Ratio: 6.01 (Good)
Risk Percentage: -20%
https://www.tradingview.com/x/XgU8Q7to
Now it's been a while since I have written you guys a long ass post but honestly there is nothing I have to say.
Look at the bigger picture. Blockchain technology is coming up faster than that erection you get by watching the big green.
Large corporations like Microsoft, facebook, Google and amazon are shelling out millions of dollars to get into the sphere. Mark my words this phase is exactly what happened before the internet. We need to understand the fact that blockchain technology is something that is extremely crucial for the future. Just shut your eyes and visualize.
A world with no internet. No we don't have the memes, nor do we get any social media. No mails nothing at all. Life is at a standstill.
That's exactly how the world will become if we don't adapt.
We need to evolve.
The internet needs to evolve.
Blockchain technology is the future.
Look at the bigger picture. Blockchain technology is coming up faster than that erection you get by watching the big green.
Large corporations like Microsoft, facebook, Google and amazon are shelling out millions of dollars to get into the sphere. Mark my words this phase is exactly what happened before the internet. We need to understand the fact that blockchain technology is something that is extremely crucial for the future. Just shut your eyes and visualize.
A world with no internet. No we don't have the memes, nor do we get any social media. No mails nothing at all. Life is at a standstill.
That's exactly how the world will become if we don't adapt.
We need to evolve.
The internet needs to evolve.
Blockchain technology is the future.
They laugh at you when you make wild calls but now. We let the money speak
Forwarded from CryptoWhale
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Bitmex Scalp/Swing Trade: XRPZ18 We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex…
Do the math.
Okay now we made some good money. Time to short this. My garden hoes we are going deep down. Yes deep red ride of a 200$ nose dive.
Watch out. Grab a quick look at the charts and make sure you don't bust the nut looking at the fabulous gains we did today. Mashallah. We did great today but secure profits with stops and load in shorts to give out a big short.
Watch out. Grab a quick look at the charts and make sure you don't bust the nut looking at the fabulous gains we did today. Mashallah. We did great today but secure profits with stops and load in shorts to give out a big short.
Hi, everybody.
Today we hit the new yearly low at $3657 on Bitfinex. The main question is "WHERE IS THE BOTTOM?!"
-I try writing every update moderately in sequence and informatively...Nevertheless, some traders that only follow the numbers without reading into the essence of the text. Therefore, let me start with $250:
Days before I mentioned several times that below $4400 it is going to be impossible to determine "where the bottom is"...And that we can be falling down to $250 where the 100% Fib level is because the last level after Fib 78.5% is 100%.
Now let's get to the point. Not to be boring I will say this: "I don't consider the price dropping to $250 level, however, I don't have any facts to determine where the reversal might happen.
As far as I am concerned we should monitor the Volume. In February the daily trading volume after reaching the yearly low just below $6000 was around 185 k BTC's. That Volume pushed the price to $11750. Now the Volume is 6-15-30-80k BTCs per day!
It is important to notice that there is no corrections and the price is falling with short consolidations around some levels. Even yesterday's bullish divergence (or convergence) on D1 did not affect the price and we hit the yearly LOW.
What this means is that the "whales" as we call them are pushing the price down...And here is how they do that: "Selling in parts and hitting all possible stop limits, they are buying BTCs back lower. I am confident that they are selling their BTCs as they have margin short positions and that is the main reason the short sellers remain unpunished..." This way for the BTCs they sell, the manipulators get much higher profits than the current price can offer. This process will continue as long as the "whales" don't have to start buying these Bitcoins back.
I assume this moment will come at the moment of total hysteria when even the average hampster will start selling at any price running away from the market after hearing the news about the bubble burst.
It is possible that the "whales" have a target, or maybe the process will keep going until the HODLers can keep their nerves together not to fall into the market panic sell-off. Apparently many still HAVE THE BALLS not to give up...Which means the most interesting is still ahead of us, and the red-candled charts will screw up our mood.
At the end of the day I am expecting a decent and memorable bounce, but until then GOD KNOWS how much lower will we fall...For now, we will be expecting a correction, catching the moves and try to survive/take profits.
Today we hit the new yearly low at $3657 on Bitfinex. The main question is "WHERE IS THE BOTTOM?!"
-I try writing every update moderately in sequence and informatively...Nevertheless, some traders that only follow the numbers without reading into the essence of the text. Therefore, let me start with $250:
Days before I mentioned several times that below $4400 it is going to be impossible to determine "where the bottom is"...And that we can be falling down to $250 where the 100% Fib level is because the last level after Fib 78.5% is 100%.
Now let's get to the point. Not to be boring I will say this: "I don't consider the price dropping to $250 level, however, I don't have any facts to determine where the reversal might happen.
As far as I am concerned we should monitor the Volume. In February the daily trading volume after reaching the yearly low just below $6000 was around 185 k BTC's. That Volume pushed the price to $11750. Now the Volume is 6-15-30-80k BTCs per day!
It is important to notice that there is no corrections and the price is falling with short consolidations around some levels. Even yesterday's bullish divergence (or convergence) on D1 did not affect the price and we hit the yearly LOW.
What this means is that the "whales" as we call them are pushing the price down...And here is how they do that: "Selling in parts and hitting all possible stop limits, they are buying BTCs back lower. I am confident that they are selling their BTCs as they have margin short positions and that is the main reason the short sellers remain unpunished..." This way for the BTCs they sell, the manipulators get much higher profits than the current price can offer. This process will continue as long as the "whales" don't have to start buying these Bitcoins back.
I assume this moment will come at the moment of total hysteria when even the average hampster will start selling at any price running away from the market after hearing the news about the bubble burst.
It is possible that the "whales" have a target, or maybe the process will keep going until the HODLers can keep their nerves together not to fall into the market panic sell-off. Apparently many still HAVE THE BALLS not to give up...Which means the most interesting is still ahead of us, and the red-candled charts will screw up our mood.
At the end of the day I am expecting a decent and memorable bounce, but until then GOD KNOWS how much lower will we fall...For now, we will be expecting a correction, catching the moves and try to survive/take profits.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Hi, everybody. Today we hit the new yearly low at $3657 on Bitfinex. The main question is "WHERE IS THE BOTTOM?!" -I try writing every update moderately in sequence and informatively...Nevertheless, some traders that only follow the numbers without reading…
As expected we did fairly well. At about 10x we have gathered about 25% based on your entry. Put on the take profits and sell a small portion of the contract. Safe money in RED week babe