Engineered 3rd weekend liquidity grab mm, short ponzi

23 feb 2019

Get ready for the big short to 2k, same actors in play that left the 3k liquidity pool untouched gonna liquidate shorters on okex and some degens at mex in weekend again before the mother of all barts (moab) to lower trading range at 1.8-2.4k before one more corrective bullrun to max 13-16k with avg at 8-10k. If that happens, cash out and come back at 3 digits. 2017 bullrun will never happen again, just my opinion. I call it ponzi, because every bulltard and bagholder tries to sucker in new fiat which doesn't seem to come, which is 99% of ct.

Don't overleverage, hedge when needed so you can reduce risk and profit from tether pumps. Watch combined fiat orderbooks since the lows, almost nothing, same actors used that in pump, so they should be liquidated in the hell candle open.

24 feb 2019

Nota

As in main idea, you can tighten stops to have a 7:1 RR, but I don't think that's good idea for a larger swing trade, usually is dirty stophunt wick before big move in opposite direction, causing you to be in loss and miss out, so hedging is the way to go when major trend is already known for over a year. I don't trust exchanges to have stops in their system, better have a api bot managing risk off-exchange and/or with alarms.

Log chart messed up the diagonals, so below is lineair chart with timing. Not much to say here, let it play out and market come to you. I see too many people chasing price action and making new chart every single day/week and getting in loss for nothing on either side, not good.

If you are bull, I also got love for you, make sure at least you lock in some profits so you can buy more another day.

24 feb 2019

Nota

:)

19 mar 2019

Nota

Data is in that destroys the fakenews article that hit the scene last week. If you follow me for a while, you know I like to put fire on those fakenews guys.

Last week, there was a very low blow hitpiece written against Kraken by The Block @ twitter.com/TheBlock__/status/1105600990164799488
Then 6 days later, it proofs the complete opposite with the data available to download @ twitter.com/TheTIEIO/status/1107671178423033858

For the bros and loveys in the server, you know I defended Kraken last week against this weak hitpiece. You gotta be careful what you read out there, most have an agenda and are paid to do hitpieces, maybe even by competition.

Kraken is by far the best fiat gateway exchange out there with the best trading engine interface FOR all crypto exchanges.

Pro traders can be found on Kraken, Bitfinex and Bitmex and I don't write this because I've a bias by trading there, I think most of us agree. And no, I'm not getting paid for anything I do, I know this from years of experience in crypto and also, Jesse speaks truth which comes from his heart, going against what's wrong in many different topics, also outside crypto, and you know deep down he's right, he's as real as you can get in crypto. So why does this guy gets attacked, when at least he deserves your respect.

Back on topic, end of March is near, so should expect some volatility soon with open interest rising, this gonna be fun.

2 apr 2019

Nota

Quick update:
Shorts hedged and manually partially closed at the 161.8% extension at an average calculated manageable loss vs a better bigger short position that is now being build. It's possible to to finish at 200% at max $5555 or a extended bulltrap at $5850, which means the biggest exitcam in years where every joe fomo can exit breakeven or with tiny 10% loss at a 6k break. I didn't expect this high pump, neither does anyone else, because it went through all big resistances without any volume on empty books, yet stopped before the next block and that's why it most likely happened, so my orders which I didn't though would be filled did with more to come.

If it does go to $5850, CASH OUT and don't come back until regulations are in, if it doesn't, trade at your own risk. Why? By that time 2-3 digits is a real possibility when looking at the intent of the crypto pnd (especially alts controlled by cz) and most exchanges you know today probably won't be around anymore, as they are part of the manipulation/cartel. If you tell me that's impossible, it tells me more about you than anything what is possible and can be created and has have manifested on this earth already. This market isn't even close to being responsible to put any (new) fiat in. I quote from my friend which I agree with soonic: "It's a fiat extraction scheme, not an investment vehicle", pun intended.

I would NOT buy this at all. Look for sells. Despite the reduced risk with the hedges and managed paper loss, my profits will be bigger on any move down due to better entry and size, while at the same time can play the buy side on the hedge with spot. Liquidation above 20k, but that is pushed higher with hedges.

This does not seem to be finished yet, so any upmove is a pyramided short to at least $2500. This is NOT the bottom and now it's confirmed, at least for me. The more you keep pming and telling me it's the bottom and you fomo, the more you empower me to focus more on crypto again to see for what it is. ETA 2nd week april hell candle open and target eta May.

I'm thankful for the ponzi pump, at least money can be made again, unfortunately for most shorters, at their expense, but what to expect from a negative/zero-sum game. I hope you learned something today and at least gain some insight. If not, that's okay too.