Owcheew8

I believe this pump is at its last, and the odds are now in favor of the bears. SOL (along TRX) has been on my watch list for the big short for a couple of weeks now, and I believe it starting to look ripe. Distribution is about to start here, and we will see some top volatility with violent 5-10% swings in either direction. This price area, at about $80 coincides with the support of March '22, when it was briefly established to secure the exit (late March '22) before the big drop to $30 and then to $10. So it was a fairly obvious target for the pump, and an obvious distribution band. Time to book the profits and reverse now. I would not exclude the possibility for even deeper correction, to mid $30. It depends on the broader crypto market, especially Bitcoin. If Bitcoin corrects by 30%, SOL will correct 60%. The best way to approach shorting tokens like this is to wait for market maker to stop pushing up. Be patient. Tp1: $45 Tp2: $35Strong divergences seen on all timeframes, traders are accumulating short positions. Target remains 45.tp1: updated to 48

We've come to the very end of this crypto cycle, market makers have begun distributing the coins to the retail. I am going over the charts and trying to figure out what token carries the best R:R reward with a short position. TRX and SOL seem like the best candidates, but TRX has an edge, as litigation against the organizer of this scheme will likely start soon. The legal process against J. Sun and his criminal enterprise will surely spook many who have investments in TRX and a myriad of other tokens revolving around J. Sun. With this short, we are looking at a classic FOMO setup which has trapped many bulls at these inflated prices, many with high leverage. Indicators are already showing that distribution is ongoing as market maker have started to sell, and bulls have not been able to pass the 0.107 resistance for a month now while the volume declines. All factors show a high potential in a short position. This alone should cause a correction and leverage the market to at least 0.0825 USDT per token. However, as mentioned before, there is a high chance of legal action against the organizer of this crypto scam and that could cause a deeper correction. If this does happen during the December, TRX could correct down to 0.06250 - which is indeed a target price for this trade. Stay safe and on high alert, this is a highly manipulated market and many exchanges are business partners with J. Sun and his criminal venture.2w charts offers a very clean look of the situation tradingview.com/chart/4rBh1BUo/?symbol=CRYPTOCAP:TRXStrong bearish divergence continues, eventually the rug will be pulled from beneath this price level and it will nuke down.

If the market stays bullish for a while longer we may see this pump unfold. It won't be difficult to find FOMO buyers here if market maker gives it a bit of a push and the push is aided by some news which market could interpret as bullish. Like many crypto assets, this one is absolutely controlled by a single entity, and if they decide it is worth to lift the price up they will do it. Looks quite bullish on weekly chart as well:Looks good.Not anymore, stay away.

Time to retest the top of the pre-dump exit pump. Read that sentence again, crypto is such a wild place. Have fun.Backing out for now, it should have crashed already. Smells fishy.

Given that the market does not collapse as "the Merge" happens, this solana up-swing is quite likely. Checking the SOL-ETH chart it seems there is already an inflow of capital from ETH to SOL. It's not even subtle.

I don't know what is SAND but it's clearly devouring investors like quick sand. SANDUSDT collapsed a month ago, when $1.2 was broken. Expecting retest of May low. After that we will likely see a small bounce followed by another series of price collapse.

ATOM has been pumped, and it has been dumped. Capitulation event has passed, allowing market maker to restart the cycle. One cool thing about "second class" cryptos like ATOM is that they don't even pretend that they are not manipulating the market, they just do it and they make it straight up obvious on the chart. The goal is always to remain attractive to traders with an offer such as this setup. Anything it takes to keep up the high volume and remain at the "top of CMC ranking". That is what brings in the retail money and pays for the entire show. What is going on now is that the price is kept in this channel as market maker tries to paint it to look as bullish as possible. Expecting the violent move up to $18 as it brakes out of the channel. Pump will likely start as BTCUSD brakes out and starts moving fast. Stop loss if it closes a candle under the channel.Questionable, but still okay.MM is having quite some fun lately

It seems that there is some sort of short squeeze being prepared here on COMP. Expecting that former support will act as resistance, between $68 and $73. Abandon ship if BTCUSD tanks. Good luck.

While BTCUSD is telegraphing 13-14-15% bounce from 30k ETHUSD is telegraphing up to 25% bounce from the current price level. It will likely hit former support, volume gap is also visible on the volume profile. Mind, this is just a bear market bounce. It won't change the big picture.It seems market did not mature enough in this range to bounce, patience. If this brakes further down next target is $1400 ish.This is the local bottom. Target is former support.

End of an era, and one of the most beautiful shorts offered by the market in years. I would wait for resolution of SPY before proceeding. Optimal place for short would be the re-test of 30k, if it happens. Have fun.Looks like it may bounce to 37-38k.