Mock Up Price Action for BTC I'm Tracking Along w/ XRPUSDT Run
Mock Up Price Action for BTC I'm Tracking Along w/ XRPUSDT Run
- I believe that price has been manipulated to fall under the ascending wedge which will cause near term bearish sentiment
- Retail investors will be sucked into pump fake down, closing LONGS and opening SHORTS
- Right in time for Institutional money to pump it at the very last moment
- On the way up for the pump, stop loss thresholds will be hit along with over leveraged SHORT positions liquidated, both resulting in a continuation of the pump via market buy orders
- This will shoot us through the 25,250 resistance ceiling we've been fighting for months now and settle down trade within a channel 26k to 27k
- BTC will settle down and range/accumulate at these levels, ALTs will run
- Retail investors on sideline and ones that just got SL/Short Squeezed, will FOMO in
- Market will pump further, taking turns, BTC then Large Caps then Mid Caps and so on
- I believe that price has been manipulated to fall under the ascending wedge which will cause near term bearish sentiment
- Retail investors will be sucked into pump fake down, closing LONGS and opening SHORTS
- Right in time for Institutional money to pump it at the very last moment
- On the way up for the pump, stop loss thresholds will be hit along with over leveraged SHORT positions liquidated, both resulting in a continuation of the pump via market buy orders
- This will shoot us through the 25,250 resistance ceiling we've been fighting for months now and settle down trade within a channel 26k to 27k
- BTC will settle down and range/accumulate at these levels, ALTs will run
- Retail investors on sideline and ones that just got SL/Short Squeezed, will FOMO in
- Market will pump further, taking turns, BTC then Large Caps then Mid Caps and so on
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XRPUSDT IDEA
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