D MAN LOVES ME!

75% main channel scenario 15% this scenario only 10% that I’m wrong. It’s hard one, but so what. I still maintain my accuracy for which you started following me. I put a lot of hours into this one, I see it pretty clear now. Also one more thing, the HIGH probability is that we have the bottom even now on the short timeframe. So this could be great stab at short timeframe entry and keeping it for multi-week hold.

Repeating, the scenario in the main channel is MORE likely. This one makes technically most sense so for me this is plan B… only if that is not QUICKLY and immediately within 48 hrs rebound… only then we go to 23.400 zone.

Since large group is incapable of understanding scenarios, I’ll give them just the highest probability one in main channel, and my real followers who love my every single message (here), I’ll give you one technically possible move, that nor longers nor shorters actually count on, and would make technically sense. Shorters expect 20-18-23k in majority. Longers expect to go up. The thing is, there is liquidity below those wicks. Getting it, and going up immediately after is another viable play liquidating many. Just, since we are against institutions that want short, this is smaller possibility play than the one given on the main channel because the move down could fuel shorter’s to get it down further on purpose and with intent. Technically, this move, outlined here is having the most sense: 1) liquidity grasped 2) high leverage longs rekt/stopped 3) shorts rekt/stopped because their targets aren’t reached, 4) bitcoin remaining bullish.

another reason pro long stab here is many traders expect 33k area. While of course it might happen, the most profitable moves are when it avoids both sides longers and shorters… and wiggles in between making only few earn big bucks

Also, by the way, the crypto community is pretty retarded in understanding the news, I remember it historically, they simply don’t understand the news when given by politician they think it’s positive. So there is that little black swan effect in play too - if they say something negative in a political way, they might not grasp it properly. I remember back then they said they will regulate and stuff, and the morons went to celebrate. All they need to do is to accept crypto. People think their acceptance MUST come with regulation. Why? Do we need regulation? No. We just need them not to shoot us or make us problems when using crypto. The rest we can take care of on our own. Bitcoin is 10y+ asset now, it is having more trust by the day, and it’s still not accepted by any major government. And of course the stupid folks will one day welcome big governments like their saviours, while in fact, they are doing the opposite, joining an already established movement trying to control, opress, and tax it in one way or another.

I expect a breakout immediately after their topic today is over - the first discussion (economic thingy) on G7…

Obviously, the stop is tight, it’s a ‘stab’. We break it, we go further down. But I like to trade the news and volatile days. Especially when the first move (down) was so clearly made.

I have long.

Yes, this could be the good moment for the up move to start considering the news. As you saw it stopped the drop from where I said. It could start pushing up stronger from here.

*around here… in other words, don’t expect a large drop continuation until the news event

I expect Bitcoin to go up from here intra-day… until the news/lack of news that’s on agenda now in the following hours of g7… Lack of news, or neutral news will catapult it up. Negative, well I don’t want to think of it even 🙂

Regarding bitcoin, I am only worried about those wicks I can’t control, that fuck r:r. For them, best play would be to get wick to 28k, get it back up and close above 30k. Start the bull run. But, since institutions are in shorts, they will try to go lower for real, and that they cannot succeed. The holders are extremely brave and proud. It won’t happen. This is the bottom. I hate big finances have so much power in our land, however, we can expect only more of it not less… however, thanks to Satoshi, it will be harder than any stock or forex manipulation they ever did. We just need to get rid of Binance and get an effective, transparent, trustworthy solution that allows real-time leverage. Once we do, I’ll show you who we are and who they are. We will wipe the floor with them!

so much manipulation, I haven’t seen this much EVER in crypto. Not in 2018, not ever. Unbelievable amount of how deep they go to get you on the wrong track. See this grey line I drew - EVERYTHING above this grey line is manipulation. see how many wicks. See the first big one, first candle… it would be the most advanced move in 2018… then see the full series of up and down and then followed by another super high wick… this is almost not tradeable. Because how can I trade if they, not the charts control when to have a wick and when not to, my r:r gets smaller. I read them correctly. This was the top… but these wicks, stopped me 3 times, as I knew this was the turning point. And every stop on binance is expensive. I am VERY confident they see your orders and that someone is trading against them. Bitmex semi admitted, Binance is silent, but with behavior over time you get confidence in your bias, they are greedy launching projects that get them most roi, are fast to abandon rest. fuck cex, go dex!

This advanced move worked. Book short profit now, enter rest of 50% long when you see some stabilisation

How to prepare for last D Man’s post Btc started dropping after I posted, very precisely. if you are beginner, non active trader = hold bitcoin spot If you are a trader, but beginner, I wouldn’t do over 2x long at the moment. If you are advanced trader, you can do 10x 50% short 50% long, with semi tight stop on short. The least profitable thing is if you are not honest with yourself about your capabilities. If you do what advanced trader should do is less profitable for you than if you admit to yourself you’re beginner and hold spot or beginner trader and do low leverage, very very low accounting for wicks. Because this is instituions vs holders war… the liquidations once they start will propell a big huge move. Guaranteed. If institutions win we are at 23k level in no time. Maybe even further down. If hodlers win, we are easily 55k. My bet is on hodlers. They are on our territory. Cheers! D P.S. On chain data supports me.

As you see it fully broke it. When we started talking we were at this pink circle candle. and retail resistances are marked with blue line. Cheers!

Regardless of this trade, I was excited when I saw this example to come and share a … what I consider… valuable lesson with you. Because it gets you in my mindset and how I approach trading. Retail is at some times right. Mostly in least-fruitful times like ranging, and low volatility times. Rest, retail is a fuel - fuel for moves of interest.

do you believe we will break further up? anonymous poll Yes. - 1444 👍👍👍👍👍👍👍 82% No. - 306 👍 17% 👥 1750 people voted so far.

I don’t use those tools, but I see whenever many ‘of the same’ stuff are at one place to give us an opportunity to counter trade it. Many retail resistance levels are here. Unusually high. It’s simply too attractive to break through it all and start a chain series of liquidations. Cheers!

As I was writing this… we already broke through SMA 20, and we will in next 3 min confirm the level above.