To be seen in the chart; a massive "mickey fractal" to which I will share a link in the appendix that refers to this magical that is to be spotted frequently in cryptocurrency. Charts become wisdom when specific mighty fractals are spotted- this is one of them. Counterparty has been accumulating for years which can be seen in my previous XCP chart, and now- on weekly/monthly basis a breakout is very near; perfect in line with the massive altcoin breakouts that WILL be happening STARTING this/next week. Bear in mind, this is a logarithmic chart- VERY rapid huge movements will occur. As I would say;
Anticipate the movement,
The end is near.
When bulls remain bulls and bears become bulls,
Pull the trigger or all shall lose.
Be careful, be long, but not too long.
PS: This is my trade, and is not meant as advice.
What do you make of it?
It's one of my favorite coin too and I've been watching it for the past 6 months and its behaviour is very erratic; lately it looks like there was a bot buying and then putting what it bought on the ask side and pushing it down.
How do they make money of this? they had pushed the price to 9 and did they load up? or did they dump? but if they dump they needed to buy back...
If you can explain to me a bit the MO i'd really appreciate it.