SWEAT THE PLATFORM Strategy scenario from the Market Maker
Here is the BTC trend scenario for the next month. I realise that making this suggestion when we arat a knife edge is ($9,300) is a risk but it is always worth considered an alternative view other than MOON or CRASH!
3's the charm. The last 2x times I've highlighted this trend BTC has traced them very closely. I am not proclaiming I know the future but just highlighting a manipulated market trend (from FOREX) that targets stops to maximise yield. As the previous installments have been on target I thought it nice to share the 3rd.
Suffice to say the maps suggests:
- A tailing off but not the big drop many are predicting - I think this may stand true considering the bull's growing strength.
- A drop to support at $8,000
- A few Squeeze / SH events to shake out the weak hands expecting a drop to $7k
- A run at $10k, fail
- Bouncing back to where we are today.
NOTE - If the trend holds, ALTs is where the action is until the $10k run
Links to the other 2 previous phases below (to add some mild credibility).
March Trend:
April Trend (extension)
As ever, much of this goes against many predictions and no one wants to just slide sideways but this might be why the idea works for the Market Maker - keeps everyone guessing. Going up holds little value, going down kills the short market. The trend can deviate at any moment through FUD and FOMO and my lack of experience ;)
Best, HardForky
Here is the BTC trend scenario for the next month. I realise that making this suggestion when we arat a knife edge is ($9,300) is a risk but it is always worth considered an alternative view other than MOON or CRASH!
3's the charm. The last 2x times I've highlighted this trend BTC has traced them very closely. I am not proclaiming I know the future but just highlighting a manipulated market trend (from FOREX) that targets stops to maximise yield. As the previous installments have been on target I thought it nice to share the 3rd.
Suffice to say the maps suggests:
- A tailing off but not the big drop many are predicting - I think this may stand true considering the bull's growing strength.
- A drop to support at $8,000
- A few Squeeze / SH events to shake out the weak hands expecting a drop to $7k
- A run at $10k, fail
- Bouncing back to where we are today.
NOTE - If the trend holds, ALTs is where the action is until the $10k run
Links to the other 2 previous phases below (to add some mild credibility).
March Trend:
April Trend (extension)
As ever, much of this goes against many predictions and no one wants to just slide sideways but this might be why the idea works for the Market Maker - keeps everyone guessing. Going up holds little value, going down kills the short market. The trend can deviate at any moment through FUD and FOMO and my lack of experience ;)
Best, HardForky
Комментарий:
Minor amends - Unsure about ALTs as yet - suggest immediate term they will slide in price.
Комментарий:
Interesting, price staying flat as trend suggests. Let's see if it tails off in 6-8 hours.
Typo! "Next Month's roadmap" ;)
Typo! "Next Month's roadmap" ;)
Комментарий:
On target - the scenario suggests that despite the price drop, buyers should hold until $8,400 (50% FIB) but likely to drop to $7,900 during the squeeze / stop hunt. There will be 3x price risers (2x minor ones not marked on the map) between this point.
I plotted the up and down trend and these price points intersect (and exceed) that trend line - perfect territory for a stop hunt
I plotted the up and down trend and these price points intersect (and exceed) that trend line - perfect territory for a stop hunt
Комментарий:
