gbpaud looking for higher pricesdaily time frame has taken previous days low and closed back within
4hr has come into a 4h poi
15m has push up breaking structures
monday will be looking for longs depending how we open and what asia session does taking price back up to arond 1.90741 which is a daily high
Manipulation
🚨ALTSeason Alert🚨: Why It's Imminent ??The cryptocurrency market is buzzing with anticipation as many analysts and traders believe an altseason is on the horizon. Altseasons are periods in the market cycle when altcoins (alternative cryptocurrencies) outperform Bitcoin (BTC), the leading digital asset. Several factors suggest that an altseason could be imminent, and this article will explore these indicators and highlight promising altcoins to watch.
Altseason Index Signaling a Shift:
The Altseason Index, a metric that tracks the relative performance of altcoins against Bitcoin, currently indicates a Bitcoin dominance-led market. However, the index is approaching a critical inflection point where it could break below its trendline, signaling a potential altseason.
Bitcoin Dominance Poised for a Breakout:
Bitcoin's dominance, which represents its share of the total cryptocurrency market capitalization, has been trading within an ascending wedge pattern. This pattern suggests a potential breakout, with a downward move indicating a shift of power towards altcoins. A decline in dominance below 40% is often considered a hallmark of an altseason.
Bitcoin dominance chart showing an ascending wedge pattern
Ethereum (ETH) Gaining Strength:
The ETH/BTC price ratio, which measures the relative performance of Ethereum (ETH) against Bitcoin, has been on an upward trend. This trend suggests that ETH is gaining strength relative to BTC, potentially signaling a shift in market sentiment towards altcoins.
ETH/BTC price ratio chart showing an uptrend
WIF (WazirX India Token) Poised for a Breakout:
WIF, a cryptocurrency native to the WazirX exchange platform, has been forming a massive ascending triangle pattern on the daily timeframe. This pattern suggests a potential breakout towards $10, making WIF a promising altcoin to watch for the upcoming altseason.
WIF/USDT chart showing an ascending triangle pattern
Additional Factors Supporting an Altseason:
Increased Institutional Interest in Altcoins: Institutional investors are showing growing interest in altcoins, as evidenced by rising investment inflows and the launch of altcoin-focused products.
Strong Fundamentals of Many Altcoins: Numerous altcoins have strong underlying fundamentals, innovative use cases, and active developer communities, making them attractive investment opportunities.
Market Sentiment Favoring Riskier Assets: The overall market sentiment is shifting towards riskier assets, which could benefit altcoins as investors seek higher potential returns.
Conclusion:
While the exact timing of an altseason cannot be predicted with certainty, the confluence of several indicators suggests that it is imminent. Altcoins like WIF, with strong technical patterns and solid fundamentals, are poised to make significant gains during this altseason. However, it is crucial to exercise caution and conduct thorough research before investing in any cryptocurrency.
GAL - scalping ideaStill looking at GAL after this surge the last days. Looking on opening an scalp position to our swing position which is up 35% 🚀
On the 12H tf I am looking for the FVG to get filled, we shouldn't fall much lower but the "worst" scenario for now would be a pullback to our swing entry and the demand resting there. Target for the scalp is the range high at 5.41$
Ethereum (ETH): Wyckoff Accumulation Pattern in Play
Ethereum (ETH) appears to be following the Wyckoff Accumulation pattern on the 4-hour timeframe. This pattern is characterized by several phases of price consolidation and distribution, followed by a decisive breakout.
The Wyckoff Phases:
Phase A (Accumulation): The price forms a trading range with multiple attempts to break out to the upside, but each attempt is met with selling pressure. This phase is characterized by low trading volume.
Phase B (Distribution): The price breaks out of the trading range to the upside, but the breakout is weak and quickly followed by a reversal. This phase is characterized by increased trading volume.
Phase C (Reaccumulation): The price returns to the trading range and consolidates again. This phase is characterized by lower trading volume than in Phase B.
Phase D (Mark-up): The price breaks out of the trading range with conviction and begins a sustained upward trend. This phase is characterized by high trading volume.
ETH's Current Position:
ETH has completed Phase A (Accumulation) and Phase B (Distribution) of the Wyckoff Accumulation pattern. The price recently broke out of the trading range to the upside but failed to hold the breakout and reversed back into the range. This suggests that ETH is currently in Phase C (Reaccumulation).
Expected Price Movement:
Based on the Wyckoff Accumulation pattern, I expect ETH to complete Phase C (Reaccumulation) by consolidating within the trading range for a period of time. This could be followed by a decisive breakout to the upside in Phase D (Mark-up), potentially leading to a significant price increase towards $4,500.
Additional Factors to Consider:
Overall market sentiment: The overall sentiment of the cryptocurrency market could impact ETH's price movement. If the market is bullish, ETH could break out sooner and with more momentum.
On-chain metrics: On-chain metrics such as active addresses and transaction volume can provide insights into the overall health of the ETH network. Positive on-chain metrics could support a bullish price movement.
Conclusion:
Ethereum's price action appears to be following the Wyckoff Accumulation pattern. While the pattern suggests a potential breakout to the upside, it is important to consider other factors such as overall market sentiment and on-chain metrics before making any investment decisions.
Perfect Market Maker Plan completed before Halvest (be safe) pt2Yesterday, before the huge fall, I posted:
"A lot of Bearish Confluences. The crown: Daily Rising Wedge completed after price cleared all the Poor Highs + Resting Liquidity in the Top of the Daily Range. Be safe."
Fall confirms my Bearish Plan. Not sure how far BTC will fall but its very probable that the Daily Range is indeed a Distribution scheme. Protect your capital and positions. Be cautious.
In this image I share some possible perspectives of what can be expected.
DOGE MADE DRAGON PATTERN ??DOGE has demonstrated interesting behavior on the 4-hour and 1-hour timeframes, indicating the possibility of further growth.
4-hour timeframe:
Retest of the maximum volume zone: DOGE successfully retested the zone where the highest volume of horizontal trading was observed. This indicates that this level is an important support/resistance level, and its breakout can lead to a significant price movement.
1-hour timeframe:
Dragon Pattern: The 1-hour chart clearly shows the Dragon pattern. This pattern is characterized by the formation of a "head," a "bottom point," and a "tail," after which the price rises sharply.
Lower low and liquidity grab: DOGE formed a lower low, capturing liquidity from traders who expected a further decline.
Sharp pump: After forming the lower low, DOGE made a sharp pump, confirming the Dragon pattern's completion.
Conclusion:
The combination of the retest of the maximum volume zone on the 4-hour timeframe and the Dragon pattern on the 1-hour chart indicates that DOGE has the potential for further growth.
WLD: Manipulation SetupWLD (Wild) is a decentralized exchange (DEX) that allows users to trade cryptocurrencies without the need for a centralized intermediary.
WLD has been trading in a bullish pattern on the 1-hour time frame, which suggests that it is currently in the manipulation phase of an accumulation, manipulation, and distribution (AMD) cycle.
The AMD cycle:
The AMD cycle is a popular technical analysis model that describes the three phases of a market cycle:
Accumulation: During this phase, large buyers accumulate tokens at low prices, often creating a bullish chart pattern.
Manipulation: In this phase, the price is manipulated to create the illusion of a strong uptrend, attracting retail buyers.
Distribution: In this phase, the large buyers sell their tokens at high prices, causing the price to dump.
WLD is currently in the manipulation phase:
Volume increase: The trading volume has been increasing over the past few days, which is a sign of manipulation.
Social media hype: There has been a lot of hype surrounding WLD on social media, which is also a sign of manipulation.
Price movement: The price has been moving up in a parabolic fashion, which is another sign of manipulation.
Why this is a good time to buy:
Early entry: The market is still in the manipulation phase, which means that there is still time to get in before the price dumps.
Strong support: The price is currently trading above a strong support level, which could provide a good entry point.
Potential for a big move: The AMD cycle suggests that the price could move significantly higher in the distribution phase.
Conclusion:
WLD is currently in the manipulation phase of an AMD cycle. This could be a good time to buy, as the price has the potential to move significantly higher in the distribution phase. However, investors should always do their own research and exercise caution before investing in any cryptocurrency.
PEPE Manipulation ShakeoutShakeout: PEPE recently made a sharp decline, breaking through the lowest level on the chart.
This movement was probably artificially created to force out weak hands and leveraged traders.
Double bottom: After the shakeout, PEPE formed a double bottom pattern. This pattern often indicates a trend reversal and a possible price increase.
Liquidity manipulation: A sharp decline and the subsequent formation of a double bottom pattern can be a manipulation to force traders out of the market and capture their liquidity.
This article will delve deeper into identifying various chart patterns indicative of market manipulation, providing you with the knowledge to protect yourself and make informed trading decisions.
1. Pump and Dump Schemes:
Pump: A coordinated effort to artificially inflate a coin's price, often through social media hype and fake news.
Indicators:
Rapid price increase: Unusually sharp and sustained price increase without significant news or market events.
Low trading volume: Price rise accompanied by low trading volume suggests artificial inflation.
Social media frenzy: Coordinated social media posts and endorsements promoting the coin.
Dump: Once the price reaches a desired level, the manipulators sell their holdings, causing the price to plummet.
2. Wash Trading:
Fake trading: Creating the illusion of high trading volume by buying and selling between controlled accounts.
Indicators:
High volume with low price volatility: Large trading volume without a corresponding change in price suggests wash trading.
Spikes in trading volume: Sudden and unexplained spikes in trading volume may indicate wash trading.
Order book imbalance: Uneven distribution of buy and sell orders, with a significant imbalance favoring one side.
3. Fake Breakouts:
Manipulation: Creating a false impression of a breakout to trap traders into buying or selling at manipulated prices.
Indicators:
Low volume breakouts: Breakouts accompanied by low trading volume are often false.
Retracement after breakout: A sharp retracement following a breakout suggests a false signal.
Failed retests: Inability to sustain a breakout level after a retest indicates a weak breakout.
4. Stop Loss Hunting:
Manipulation: Driving the price towards stop-loss orders to trigger a cascade of sell-offs and further drive down the price.
Indicators:
Price movement towards support/resistance: Price approaching significant support or resistance levels where stop-loss orders are likely placed.
Sudden price spikes: Sharp and unexpected price movements may be attempts to trigger stop-loss orders.
Increased trading volume: Spikes in trading volume coinciding with price movements towards stop-loss levels.
GTLB a software company dives on an earnings beat LONGGTLB did a deep dive shaving 20% off its market cap after the earnings report. I see this
big dip as a buying opportunity for a software company stock at a significant discount more or
less ignoring the adverse forward guidance as fluff or purposeful misleading of investors
and traders to create a bit of a bear trap from which to launch a squeeze to propel the price
action. More details on the chart. I will go long here and expect to gain 10-15% with a little
patience. The general market downturn helped GTLB fall and then reversal of the general
market will give tailwind to the return trip. Targets are on the chart based on the high volume
trading range on the volume profile.
Short squeeze, look at the order books!!!!I have never seen these number on the orderbooks of all cryptos.
They have placed their bets that crypto is going down and they stacked their orders. A few min ago I had seen thousands of BTC & ETH on the orderbooks.
Whoever has that much wants to crash it.
Tomorrow is lambo day or they will wait it out til we get crappy news about our government and blame it on them.... BE SAFE!!!
NOT FINANCIAL ADVICE!!
BTC - Analyzing Order Blocks to Predict Liquidations / Stop HuntHello all,
I’d like to provide a visual representation of a method we can use to understand and predict stop hunts / liquidation moves on bitcoin - these mysterious and hard to capture phenomenon we all experience at seemingly random times.
Here I show blocks of orders - which I separate if we have a candle retracement overlapping the block. We can see this mass chain of red order blocks on my chart. What these are - are long position stop losses.
To understand the significance of these orders let’s break down the mechanics of these orders.
Long stop losses are:
1) Limit sell orders
2) Orders that don’t automatically fill if price is above the sell price (unlike limit sells)
3) Leveraged orders - using traders liquidity with a leveraged multiplier to increase position size
When dealing with “leveraged” order sizes - we can also leverage / multiply the speed, power, and velocity of chart movement as these orders are filled.
If we can assume an average leverage usage of 20x - We can speculate a price movement of 20x speed, power, and velocity.
With this information - we can look at bitcoin on the large time frames - in this case the multi-day. Identifying chart patterns, we can estimate the timing of movements by dividing the suspected speed of these moves by approximately 20. This allows us to speculate these very fast moves on bitcoin, which are essentially as simple as this description:
What are stop hunts and liquidations?
1) The result of retail traders stop loss orders being triggered and creating automatic chain reactions of order fulfillment
2) Order blocks being filled and triggered at multiplied speed and power
3) Not forced manipulation - but a natural occurrence of the consequence of a futures dominated market and large order gaps left intact on the chart
Looking back at bitcoin we can see this phenomenon happen time and time again.
1) Consolidation / long steady movements accumulating stop loss orders
2) A fast and large candle in the opposite direction as these stop loss orders are triggered and executed
Additionally we can understand the benefits of these pheonomons to the exchanges and market makers.
Liquidations return your entire trading position to these for profit companies - so there is a clearly defined benefit to executing these moves to the platforms we trade on. Further more - creating automatic movements that generate high speed and velocity triggers an error known as slippage - price moves so fast that it doesn’t allow adequate time for the stop loss order to execute before the liquidation of a leveraged trade is triggered first - resulting in liquidation with a stop loss in place.
HOPE THATS HELPFUL AND GOD BLESS
BTC MACRO - Short to Long - My TakeHello everyone,
This is a result of about a year of analysis on Bitcoin, and I will explain my take.
First and foremost let’s understand the timing of the market - we have several large conduits this week - most importantly the NVIDIA earnings report in just a few hours. This news conduit should be fuel to see volatility enter the bitcoin chart.
Bitcoin has been in a steady upwards trajectory for 1.2 years now - without any major retracement to the downside.
We must ask the question - why? It’s of my opinion that what really moves bitcoin is the stop losses of leveraged positions. Think of these stop loss orders as buy / sell orders that are in place - without automatic fulfillment of price is above / below. In other words, the leveraged (key word) limit orders are in the chart already - as a result of stop loss orders of a direction of trading. Here we have a massive order block below us of long position stop losses - not only are these orders (sell orders) in place - they are leveraged. Meaning a trader with $100 in a long - using 100x - is creating a SELL order for $10,000 below his entry.
If we understand the current chart this way and look at the massive open gaps below us - we can view this as “propellant” to drop the price at incredible speed and distance. Think of this as a chain reaction of orders - not ordinary orders, but leveraged and multiplied orders. With liquidity leveraged, we can translate this into leveraged speed and distance as well.
At precisely the 21,500 to 22,000 location there is a bullish retest as I show with a pair of trendlines. We have the appearance of a bear trap (shown via the pair of bearish parallel lines) - and a measured pole height (shown) taking bitcoin to that exact location - 21,700 approximately.
This is a very large bull flag pattern that can execute a measured move to the 70-80k range following - as we know this is a range of great interest for bitcoin.
So while I do see us hitting this all time high - I don’t see that happening before the 22k zone is tapped very quickly. Not only is this a bullish retest with supporting patterns, we have massive order blocks in the chart to support this, and a substantial news conduit to support this event occurring.
This is my take on key bitcoin levels - and I trust I provide to you enough supporting evidence in the chart to demonstrate this is a product of many months of time and effort.
God speed and good luck to all. We all share the same goal - to understand this bizarre marketplace.
Nifty50 Very bearish - Short call - PE18000Nifty 50 is very bearish -- Next week seem mark open with 200 points gap down.
So, option trader wait for call trade entry.
Open PE21000 position for swing trading week wise.
After every swing High you short this and book profit
Don't greed price go 17800 level In 3 months
For for chart update comment me in this post.
COMP Manipulation in Horizontal Accumulation 🔄💰Compound (COMP) has been engaged in an extended period of trading within a well-defined horizontal accumulation range, featuring clear boundaries at both the upper and lower ends. This characteristic setup provides ample opportunities for significant players to manipulate the market, given the presence of hidden stop-loss orders. The recurrent strategy involves strategic sweeps of either boundary, leading to notable reversals. The current anticipation is for a retest at $35, facilitating a sweep of the lower boundary and paving the way for an upward move towards the initial target at $68.
🔄 Dynamics of Horizontal Accumulation:
COMP's extended trading within a horizontal accumulation range establishes distinct upper and lower boundaries. This structure creates an environment conducive to market manipulation, particularly by significant players seeking to exploit hidden stop-loss orders within the range.
🎯 Stop Loss Hunting Strategy:
The dynamics of COMP's trading involve a strategic approach known as "stop-loss hunting." This strategy capitalizes on the formation of liquidity pools at the upper and lower boundaries, encouraging traders to place stop-loss orders within these levels. The subsequent sweeping of one of these boundaries triggers the stop-loss orders, leading to market moves.
🚀 Execution of Strategic Sweeps:
COMP executes strategic sweeps by intentionally triggering stop-loss orders at either the upper or lower boundary of the horizontal accumulation range. Each sweep has been historically followed by a significant market reversal, allowing players to capitalize on the ensuing price movement.
🔍 Anticipated Retest and Upward Move:
The current expectation is for COMP to retest the $35 level, providing an opportunity for a sweep of the lower boundary. This strategic move aims to clear out stop-loss orders and set the stage for an upward trajectory. The initial target for this upward move is set at $68.
💡 Trading Considerations:
Traders observing COMP should be mindful of the stop-loss hunting strategy at play. The retest at $35 could serve as a crucial juncture for potential market manipulation and subsequent upward movement. Implementing effective risk management strategies is paramount for navigating such market dynamics.
🔮 Future Outlook:
The technical analysis suggests that COMP's trading behavior within the horizontal accumulation range provides strategic opportunities for market manipulation. Traders should closely monitor the retest at $35 and be prepared for potential moves as COMP aims to sweep the lower boundary and target $68. The cryptocurrency market's dynamic nature emphasizes the importance of adaptability and risk management in trading decisions.
CARDANO - Liquidity MasterCardano (ADA) exhibits a dynamic pattern of moving strategically between liquidity levels within a range. The cryptocurrency consistently capitalizes on liquidity shifts, alternating between shorting at the high range and going long at the low range. Utilizing manipulative tactics, ADA positions itself to align with market movements. The current expectation is for another liquidity sweep at the 4-hour timeframe level of $0.48, followed by a potential ascent to $0.60.
🔄 Range-Bound Behavior:
ADA's price action is characterized by a recurring pattern of navigating within a range, tapping into liquidity levels for strategic positioning. The cryptocurrency adeptly maneuvers between short and long positions, taking advantage of market dynamics within the established range.
🚀 Strategic Use of Manipulations:
ADA employs manipulative tactics to align itself with prevailing market sentiment. The deliberate execution of short positions at the higher range and long positions at the lower range demonstrates a strategic approach to leverage liquidity shifts for optimal trading opportunities.
🔍 Anticipating the Next Liquidity Sweep:
The anticipation is for ADA to execute another liquidity sweep on the 4-hour timeframe, targeting the level of $0.48. This maneuver sets the stage for potential upward momentum, aiming for a subsequent rise to $0.60. The strategic use of liquidity sweeps is a key element in ADA's trading strategy.
💡 Trading Strategy:
Traders observing ADA should be vigilant for the anticipated liquidity sweep at $0.48 on the 4-hour timeframe. Confirmation of successful execution and subsequent upward momentum could present favorable conditions for entering long positions. Implementing risk management strategies, such as setting stop-loss orders, is essential in navigating market volatility.
🔮 Future Outlook:
The technical analysis suggests that ADA is actively utilizing liquidity shifts within its established range for strategic positioning. Traders should closely monitor the execution of the anticipated liquidity sweep at $0.48, as it may serve as a precursor to a potential rise to $0.60. The dynamic nature of the cryptocurrency market underscores the importance of adaptability and risk management in trading decisions.
Shakeout Below Equal Lows *MANIPULATION*Kusama (KSM) has been trading within a substantial accumulation pattern, featuring a clear bottom that provides an opportune environment for potential manipulations. The strategic removal of liquidity from the lower part of the accumulation range signals a readiness to challenge the down trend line. The initial target for this breakout is set at $47, with the primary goal of forming a reversal pattern and reaching $65.
🔄 Extended Accumulation Period:
KSM's extended consolidation within the large accumulation pattern indicates a period of indecision and potential accumulation of positions. The formation of a clear bottom within this range suggests a favorable setup for potential manipulative moves.
🚀 Liquidity Removal and Down Trend Line Challenge:
The deliberate removal of liquidity from the lower part of the accumulation range is a strategic maneuver aimed at creating favorable conditions for an upward breakout. The subsequent intention to challenge the down trend line from above underscores the determination to reverse the prevailing bearish sentiment.
🔍 Target at $47 and Reversal Pattern Objective:
The initial target for the breakout from the accumulation range and the down trend line challenge is set at $47. This level represents a key resistance point and serves as the first objective for traders. The overarching goal is to form a reversal pattern that could propel KSM toward the $65 mark.
💡 Trading Strategy:
Traders should closely monitor KSM's price action as it attempts to break out from the accumulation range and challenge the down trend line. Confirmation of sustained upward momentum, increased buying interest, and successful penetration of resistance levels would provide favorable conditions for potential long positions. Implementing effective risk management strategies is advisable.
🔮 Future Outlook:
The technical analysis suggests a favorable setup for KSM, with the deliberate removal of liquidity and the intention to challenge the down trend line. Traders should remain vigilant and adapt their strategies based on real-time market data. The cryptocurrency market's dynamic nature emphasizes the importance of flexibility and risk management in trading decisions. If KSM successfully completes the breakout and forms a reversal pattern, achieving the $65 target becomes a plausible scenario.
Mock Up Price Action for BTC | Near-Mid Term (12HR)Mock Up Price Action for BINANCE:BTCUSDT | Near-Mid Term (12HR)
- Watching and waiting for THE opportunities to enter short
- Anticipating highly volatile but still overall bullish upcoming week into end of month January before early February and throughout a proper market correction and pullback of BTC and top 200 ALTs
- Accumulating small and micro cap ALTs to hedge against market correction/pullback period to begin in earnest within the next 30 days and lasting up to and through the BTC halving event in April
- KUCOIN:VELOUSDT KUCOIN:VRAUSDT KUCOIN:TELUSDT BITTREX:BAXUSDT KUCOIN:BLOKUSDT are some of my main picks, in order of preference, all of which with massive profit potential within the next 90 days
- With any luck, these small/micro cap ALTs will run over the next 75 days, while BTC and the rest of the broader market top 100-200 ALTs by market cap take a nose dive into the dirt and cool down for a while
- End result, flush with profits from small/micro cap plays, at time when my primary investment interest coins like OKX:CSPRUSDT and BINANCE:XRPUSDT are at discount prices, for the last time, before the Crypto bull market starts in earnest May/June timeframe
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Teal Filled Horizontal Rectangles are areas of major support and price points for further DCA long order accumulation
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
I don't think BTC is done yet. I think that the CME Futures on BTC that are set to expire end of month, have too much money on the table with bets around 50k and 60k. I think we're in the midst of bear trap soon to be turned to be bull trap, and a ridiculously volatile period up and down with retail traders positioned to get hit hard. I'll be on the sideline steadily accumulating my top 40 altcoins list to be held for the next 8 to 12 months. For my portfolio right now leading into the next 90 days, I currently have a heavier skew in active positions for Small Cap and Micro Cap ALTs like VELO VRA BAX and TEL which we know and have seen time and time again always perform well when broader market as a whole starts to pull back and money flows out of large and mid caps in the top 200, into guess what, small and micro caps that underperformed the market till now. Once a heavy market correction begins, nothing will be immune, and I'd expect all things to pull back.. However I believe these small and micro cap alts poised for bullish runs through April/May, will not be hit as hard, and will most certainly bounce back faster, harder, and likely this bounce back will kick off in earnest very big bullish movements for these.
My Top Picks to Weather the Impending Storm
VELO
INVERSE VELO
VRA
INVERSE VRA
BAX
INVERSE BAX
TEL
INVERSE TEL