Exitpump in progress at important resistance, blowoff phase
Updated
The grand exchanges exit pump is upon us. Talked about this in nov-dec '17 on tg and discord that this possibility was very present of how they did this in the past (especially with tethers at almost instantaneous access) and that sentiment can switch on a dime's notice, got the same feeling after the mysterious 100m buyer (i.e. exchanges in cahoot) as years gox and china fud manipulation, then tether/finex investigations went public memories and feelings of mtgox are reliving well now for exit pump in making. Big sells already happened at coinbase with almost no vol +40% up since (same other fiat exchanges, pumping on EMPTY books). No bid liquidity once this monster comes back down. Greedy people means they will be last to exit and we all know how that will look like. Stairs up, elevator down can be related to this human greed emotion. But in the end, not much retail is in anyway, paint tapers do w/e they want, I don't care about illusions and interpretations of fakenews telling you why this and that, always after the fact without any disclosure of personal positions.
Tbh, I would love to have seen finex to 33k while others at 3.3k, but it seems they still are "the market", like gox was "the market" back then.
Yeah, looks legit tether trading at $1.05 while at another place below a $1. Tether should be <= $0.74 by any common sense for the 26% unbacked reserves... All natural, right? The only natural thing coming is the selloff. Manipulation always happens first upwards and is always preferably over going down, because % exceeds the same price delta, that's why most of those exchanges employ the retarded "hodl" meme. If hodl, then please close your exchanges, we don't need you for hodl, I can buy p2p or from some website as well and hodl in my own wallet, thank you very much.
imgur.com/a/r1mRqMG
With this idea, I wanna see how this plays out in the months that follow this with all the recent events, the > 99% of bulls (including permabears that flipped to bulls at important resistance), since I'm used to clear all drawings after a while to start from scratch. The previous idea is active and this is a supplement to that and a chart from last year with the wyckoff distribution schematic 2.
Btw, for all bulltards thinking I'm a permabear, you're dead wrong. I bought the entire lower TR back in nov-dec (scalped 4.8k, 4.2k; held 3.2-3.3k), lots of people can confirm on tg and discord as I was one of the only ones insisting to buy and if goes lower buy more, despite everyone calling for lower lows. Nice try though, I'm getting used to this that people flip the script and the worst thing to do is lying to yourself. I will be a bull when the time is there. I don't wanna end up as bullsteak for what's coming.
Can it go higher? Absolutely, can even go to 8k or 13k, sure. Am I prepared for that? Yes, read previous idea how I'm playing this. Can -3k candle come? Absolutely, happened before a lot of times as well. Just use common sense and don't buy when it's pumped 100% with no retrace at a major confluence of resistance, that doesn't make any sense.
Imho, now is the time to #exitallcrypto and enjoy the spring/summer of the money you made. Imagine not taking profits at 100%, talking about greed.
Tbh, I would love to have seen finex to 33k while others at 3.3k, but it seems they still are "the market", like gox was "the market" back then.
Yeah, looks legit tether trading at $1.05 while at another place below a $1. Tether should be <= $0.74 by any common sense for the 26% unbacked reserves... All natural, right? The only natural thing coming is the selloff. Manipulation always happens first upwards and is always preferably over going down, because % exceeds the same price delta, that's why most of those exchanges employ the retarded "hodl" meme. If hodl, then please close your exchanges, we don't need you for hodl, I can buy p2p or from some website as well and hodl in my own wallet, thank you very much.
imgur.com/a/r1mRqMG
With this idea, I wanna see how this plays out in the months that follow this with all the recent events, the > 99% of bulls (including permabears that flipped to bulls at important resistance), since I'm used to clear all drawings after a while to start from scratch. The previous idea is active and this is a supplement to that and a chart from last year with the wyckoff distribution schematic 2.
Btw, for all bulltards thinking I'm a permabear, you're dead wrong. I bought the entire lower TR back in nov-dec (scalped 4.8k, 4.2k; held 3.2-3.3k), lots of people can confirm on tg and discord as I was one of the only ones insisting to buy and if goes lower buy more, despite everyone calling for lower lows. Nice try though, I'm getting used to this that people flip the script and the worst thing to do is lying to yourself. I will be a bull when the time is there. I don't wanna end up as bullsteak for what's coming.
Can it go higher? Absolutely, can even go to 8k or 13k, sure. Am I prepared for that? Yes, read previous idea how I'm playing this. Can -3k candle come? Absolutely, happened before a lot of times as well. Just use common sense and don't buy when it's pumped 100% with no retrace at a major confluence of resistance, that doesn't make any sense.
Imho, now is the time to #exitallcrypto and enjoy the spring/summer of the money you made. Imagine not taking profits at 100%, talking about greed.
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No fiat volume... and always lots of fiat selling on all fiat exchanges, but not buying, but bots (and they have capacity limits too, so somebody gonna sell in loss). Price-vol divergences are huge, bigger pump then 2017 blowoff top in relative terms.Only decent buy volume I see is on Binance, but I don't count a) as legitimate when running volumizer bots and b) tether, which c) gives credence to exitscam bailing out in crypto, which actually happened two times before.
Watch this @ youtube.com/watch?v=5KXHgh2rTTw
This time, with regulators behind finex' and tether's tails, under Martin Act can get jailtime up to 24 years. This hasn't happened before. MtGox founder recently 2.5 years jailtime in cryptofriendly Japan. Lots of arrests are rolling in previous quarter already and way more to come. And people still think it's fud, smh.
Keeping close eye on the action.
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Binance hacked 7k btc, are we repeating fabricated news again like we did at 12k to 6.45k? Remember the binance hack back then too? In any case, now 2nd time both times at resistance.The real news was the tether and bitfinex one, because news reacted FEW minutes later. All fake fabricated news acts before or instantaneously of the release of it. I will make a seperate idea on manipulation and psychology and probably will be my last idea for quite some time, because the active ones will take quite some time (btc and stocks).
Needless to say, this bull is most likely finished.
binance.zendesk.com/hc/en-us/articles/360028031711
Now you guys see why I'm always very suspicious of this exchange and has actually bigger impact than Bitfinex when going down, although tether can destroy Binance as well. Very shady, almost as if it was engineered to be so. It doesn't feel natural at all. The news of tether and finex being sued and about missing 26% of fiat backing felt natural and market didn't even react immediately. Quite telling. Never forget the reaction of market on real vs fakenews c.q. engineered vs natural.
Bots may still be programmed to pump up the price, so a retrace is most likely, then you know what to do. You can see this on alts who remain the dollar peg by pumping up the btc pair which they didn't before for months. This market is so incredibly fake, it's not even funny...
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Price almost fully retraced on Binance ONLY, this shit is such a joke. I've posted in previous idea how Binance was pumping last 4 months the first and wasn't Bitfinex. Now they pull this same scam again. I'll make a new compilation soon...This was from before: imgur.com/a/IuOrGrN
Required watch for newer followers who don't know how those scam bots work:
youtube.com/watch?v=awU8c8fN2LI
youtube.com/watch?v=UP1YsMlrfF0
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Some shady things going on... and Justin admitting pnds in public on twitter giving 7k btc equivalent in usdt to binance and soon after sure enough his shitcoin pumped? Are you kidding me? Pretty obvious what's going on atm. Btw, the 7k of lost btc was last year too with the syscoin "hack".Funds are SAFU
twitter.com/soleil_dusoir9/status/1123320845252943874
Pumps so far happened exclusively on tether with almost non existing relative buyvol. Even toilet paper is more worth than this garbage who trades at $1.05 tether while at another exchange below $1. You just can't make this shit up: 1 tether trading at 1.05 tether :D
Oh funny thing that cnbc had to say something at the top again. As expected, people were afraid because they were right before, exactly as expected that they would not participate because of it. It's like playing chess in psychology :D
twitter.com/xBullBearTrader/status/1125961523543859200
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Compilation: imgur.com/a/icPxsCZJoke market.
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Soon we dine in hellComment
Biggest exchanges exit scam since mtgox, this blowoff in relative terms bigger than the run to 20k. I sure do hope enforcement agencies gonna raid the exchanges soon worldwide and audit those crooks. Liquidating all big whales before crashing this market, bunch of dirty thieves and psychopaths. They probably pump with non-existing money or from clients like gox did then close doors. They have no intention to pay back anyone. Audit the exchanges and force to payback for their fraud committed here, because we all know how this gonna end and hold those personal accountable for creating the biggest fraud. The solution in 1940's was simple: put them in workcamps and payback victims with hard work. Nowadays, defraud and scam, then declare bankruptcy to continue with a clean slate their cancerous actions. No wonder they are so anti government and anti regulations, because this entire ponzi would have collapsed a long time ago. Big money and no regulations equals ... ?Exchange owners and employees play by the sword, they gonna die by the sword. You will see coming years and starting real soon with bitfinex, binance and kraken.
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"Everything is fine, don't worry, funds are SAFU".imgur.com/a/73rYaNv
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