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Marketanalysis

GAME OF BITCOINGreetings! In this study I just want to share my thoughts on the gameplay. Lets be the fuckin MM just for a couple of seconds, and watch plebs, and make bets on them. We push the price 6K zone we watch the news plebs loosing lifesavings, houses, jobs, etc. General players started play on our side. Everyone gone bearish as fuck, most of them started to short the all mighty BITFINEX:BTCUSD . ( 6 months ago 90% of them cant even think about to shorting option on BITFINEX:BTCUSD ). Then BAMM we get in their houses, rape their souls take their money and started the biggest pump that newbies didnt even saw at the peak of the last bullrun (+1K in almost 20 mins). Charts showed DVGS' , H&S reversals but no we didnt stop we made it to almost 10k. Cuz those plebs who lost almost everthing at 6K zone have to gain something so they can pay us again right? Anyways Alts started booming BITFINEX:BTCUSD stayed strong etc etc. But still the MF Volume is not satisfying! When price goes sky-high, market still feels the fear! However they can not stop their greed they want more! So Let's give em more lets go to 11K maybe just a little bit higher to satisfy your charting skills for you to convince yourself to put more money in in with a clear conscience. Now market is euphoric everyone celebrating n stuff than again boom! Selling contest starts they push for -2K than plebs take it over and they create another selling climax. We "the MMs" buy their hopes and dreams again and complete that wanna be H&S and go the fuckin ATH with a little group behind us like we always do. Now back to the reality. We are not the MM we dont have that power to drive market wherever we want! So ask yourselves are you trading according to what market shows you? Or are you trading under control of your desires? According to the last pleb control drop which happen at 04/05/18 ( the Test as soon as daily closed to 9.5k-9.3K) showed us that we put our SL with greed and according to our desires! So the scenario that u just read has some good chance to occur. I believe that sometimes getting out of the charts and thinking the possibilities might be usefull for the game we play. Be careful, stay strong, and let your greed fuck itself not you!
BITFINEX:BTCUSD
by badmilkshake
5
Bear Market Bounce? Descending Triangle Short TargetThe next leg down (when measured from peak to baseline) has us stopping right before we hit "bear market" territory. From the current high (open/close) a close beneath 2298.296 puts us below the 20% threshold, and while we may dip to this area, I'm not so certain we will close a session beneath this spot (not yet, anyways). I see two possible scenarios, the 1st is if the market caves fast and we begin the next leg immediately, the 2nd includes a possible bounce within the descending triangle formation before completion of the pattern. I would like to point out, that if there is a bounce at the 2440 area which retraces higher than 50% of the immediate fall, that would indicate a possible reversal due to the weakness of the pattern breakout. The latest I see this playing out by is mid-June, though it could happen at any time before then.
SP:SPXShort
by J-Streak