CryptoStreet Pump Cheat Sheet
First of all, as I do these teachings by myself from my own knowledge and do not copy-pasta, they take quite a bit of my free time to create
If you can share this knowledge with your friends and help them as well it would be highly appreciated 🙌
First of all, as I do these teachings by myself from my own knowledge and do not copy-pasta, they take quite a bit of my free time to create
If you can share this knowledge with your friends and help them as well it would be highly appreciated 🙌
A "PUMP" is a very well known Price movement in the crypto markets.
Yet, most fail to play it in the right way and end-up as bag holders and community members.
This one is the most recent on $VET
Yet, most fail to play it in the right way and end-up as bag holders and community members.
This one is the most recent on $VET
A pump usually consists of 2-3 very quick impulse moves & 1-2 re-accumulation clusters followed by a quite significant, long-lived distribution
It's exactly this place where most people are dragged-in as they chase what has already happened.
$ADA DEC 2017 pump
It's exactly this place where most people are dragged-in as they chase what has already happened.
$ADA DEC 2017 pump
After the distribution faze ends, price breaks down and starts a sell-off faze which takes the most time to unfold as most people that got in slowly start to sell.
Usually, price then retraces under the first cluster where it many times starts a new cycle
$WAVES DEC 2018 pump
Usually, price then retraces under the first cluster where it many times starts a new cycle
$WAVES DEC 2018 pump
This price behavior even applies to our KING #Bitcoin in his Q2 2019 run
The same behavior that as well ends up under the first re-accumulation cluster, where most people that got in, in the distribution range capitulated.
The same behavior that as well ends up under the first re-accumulation cluster, where most people that got in, in the distribution range capitulated.
So how to play this?
You can use something so simple as quick and slow EMAs to give you a better visual clarification for the current timeframe the pump is happening on
I.E. 21 & 100
The pump usually happens after a long sideways range and leaves it very quickly
$XRP Nov 2020
You can use something so simple as quick and slow EMAs to give you a better visual clarification for the current timeframe the pump is happening on
I.E. 21 & 100
The pump usually happens after a long sideways range and leaves it very quickly
$XRP Nov 2020
Once you start seeing the re-accumulation range happening you wanna hop-in on the lower timeframes and find entries.
Your aim should be to enter the closest to the EMA as you can.
Usually some form of continuation pattern creates as well.
Your aim should be to enter the closest to the EMA as you can.
Usually some form of continuation pattern creates as well.
These kinds of opportunities are short-lived, however, if spotted, they offer very QUICK and very BIG gains with a SMALL risk.
If price breaks from the re-accumulation range you wanna start taking profits on the move up.
If a 2nd cluster happens, you can always re-enter.
If price breaks from the re-accumulation range you wanna start taking profits on the move up.
If a 2nd cluster happens, you can always re-enter.
Hopefully, this will help you to navigate through the #alt cycles much better and end up with more profit than ever before.
If you found this thread valuable please share it with your friends. It only costs a few clicks.
Thank you, J
$YFI Aug 2020 pump
If you found this thread valuable please share it with your friends. It only costs a few clicks.
Thank you, J
$YFI Aug 2020 pump
Also during the distribution range is where the coin gets the most social media engagement and is often "going to take over the world"
During the sell-off and capitulation "it's going to zero, worthless, useless, scam" and many more names.
During the sell-off and capitulation "it's going to zero, worthless, useless, scam" and many more names.
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