If you look this year in crypto, we can see that market turned direction exactly at the 6th of each month! Really this makes us wonder if trully there is a market manipulation or consipary, behind all that! Who knows, June 6th is coming to find out..! But remember, the 18+yrs of my professional trading experience teached me that usually market does the opposite from what everyone is expecting! Stay tuned!
I dont disagree with most of you below, I will only have to say this update, as market never does what the majority believe, and know everyone believes that the rally has just started, I would say that another dip is imminent. This is also backed by the reason of the volumes are very very low, and usally no major trend start of ends with such a low volume!
btc42
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Illuminati confirmed
Wolverinos
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not bad, idd every month there was a high or a low, but bitcoin is consolidating and by 'accident' it stays in a clear pennant... in TA we can draw lines and set up Elliott waves... if there weren't any patterns, we wouldn't be making TA.
TradeIndicators
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Bingo! You nailed it right on the head :) I wonder how many people see this happening. The big boys make trading easy and we just need brilliant people like you to find their moves. Very good chart!
If I may add my two cents, here is what we're doing to take advantage of all the profitable long and short trades all the way through these hills and valleys:
Great chart!
GabrielVasile
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I told you. It was predictable.
arashmp
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Exactly true, a wing of the butterfly has been completed, and now it's turning to the other wing. (666)
Now we have to go to 42,000 Step by Step by end of 2018.
One month's pump and a month's dump !!!
Koci_cz
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IT'S A TRAP
CryMoarz
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Feels like now that this pattern is public knowledge its going to take off before the 6th to screw as many "waiters" as possible.
LenaKorolova
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lol, you're right! Hope the price will go a bit lower before 6th Jun