I love , altcoins and Blockchain.
But we all love mostly “quick” money and not only Blockchain benefits.
We rocked and fu**ed this beautiful technology, specially Bitfinex and was accelerator for heading this steps quicker.
Pumped with like 100Mn fake USD(tether) and dumped 2Bn on market! Nice gains!
What’s next?
We see since september “rescue” spikes! You can identify this spikes very easy, while wash trading is nothing new!
How it’s work?
Just sell and buy back again with the same tether to create more .
Maybe it will attract more investors? Doing it? – NO!
We playing the same tether based gains for pumps.
You can also see, any altcoin with pumps can not touch the same level in “$” but in satoshi will and going higher as last highs!
Here is my Plan.
I set some buy orders from 2400-2800$ range and sell orders from 4250-4950$, in both cases you will win!
Scenario A:
will drop first down to 2950$ and will miss here true support, than down to 2400$ range! New “spikes” game starting there again!
After that we will see a pump until March up to 5k levels!
Scenario B:
will pump first 4250/4400 and quicker with “FOMO” up to 5k level! New Bag Holder’s are Welcome!
It will drop very quick down to 3800$ and lower levels until 22 January!
That will start more panic sellers, while 3300/3900$ level was “pure” fake and spikes level!
It will drop very quick to 2400-2800$ range!
Scenario C:
will go a while between 3300-3900$ range! That’s not possible, fake spikes holding only 3-7 weeks before drops like 30% lower!
By the way, trade safe! I’m using Binance BTC/PAX pair and not Bitfinex.
Good luck!
Published at Tue, 01 Jan 2019 21:06:43 +0000
