Hi friends, over the past two weeks I turned my attention to waves Firstly, we reached the bottom and began to grow and from the bottom made 100% after that we formed a triangle and according to the classics we have to break it up Secondly, we can see the new volumes that I marked with a yellow circle Thirdly, I noticed that the Waves company worked, and possibly still work, good market makers who helped make a beautiful move at the end of last year 2018 which grew by 400% This is my personal opinion and observation and it is not financial advice
Looks like some whales are playing with the retail investors..or whales fighting other whales..Someone wants the price up and someone wants the price down clearly you see on the insane volume with minimal price movement ( sideways ultimately ). But who is going to win long term?
It is going to either big time up or big-time down.
If the whole market soon go up Waves should follow. If the general market continues down as it looks like - The whales will with 75% chance dump in your face.
Just look Matic...35% drop in a 1 min candle lol.
A bear market is the perfect time to scam retail investors eager for a profit.
I hate those cold-hearted pumps and dump whales.
Confucius-The-Great
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@Confucius-The-Great, They belong to jail. But this is the free market. Any trick in the book is legal.
InTheFastLane
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Hello friend great chart!! I wanted to see what your thoughts are. i charted mine on a 1 day chart and got a bull flag and set my hopefull measured move. even with your 4 hour whats your thoughts of getting a mesasured move as a ugly bull flag pendant. I saw one just like it on btc a while back where someone made a chart of a triangle and i saw a muche bigger triangle that turned out loooking like a ugly bull pendant and played out that way.
mike
EXCAVO
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@InTheFastLane, thank you, ugly bull flag penant but its working