Bitcoin Manipulation is Still Going : When to Take a Trade ???

in #bitcoin6 years ago

After yesterday's heavy manipulation, we are still in no trade zone:

https://www.tradingview.com/x/GM9BvM0J

What was the purpose of yesterday's manipulation and why I think it wasn't successful?

They tried to catch stop losses but looks like they gave up in the some moment or they hit big sell wall so they got stopped out. What is weird is that the volume of this candle was nothing special!

To conclude, they tried to push the price above the no trade zone and once they showed signs of weakness bears tried to push below. Doing this they caught all stop losses in this area but "dear" manipulators, stop losses will never be in the no trade zone. That's why your volume was awful and that's why you are still fighting to push in your direction!

I am simply waiting for clear signs to take trade! There is no purpose to risk opening position at the moment!

Daily is showing me some signs where we could go but need confirmation! Until I get the confirmation I will keep these signs for myself!

Looking for an entry to make some profit! Stay tuned!

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