ALWAYS BET ON BLACK - Update 24SELLER PUSHING THE MARKET DOWN WITH MANY SELLING WALLS - MARKET MANIPULATION? We all know that next week will have many positive events and news, many people have viewed this positive news as an opportunity to buy.Yesterday the market rallied in advance of these events and with the trigger being the news of BC being added to the Vault of Satoshi.Today we saw an earlier weakening in momentum as described a few hours ago in Update 22. I have been following the market movements while a seller or multiple sellers have been pushing prices down with big selling walls especially attacking those important levels established by Fibonnacci.Click on image for full sizeThe selling events have continued for a couple of hours until enough buying pressure surprised the seller and took their walls down (num.. num).It appears that this will be the end of this downward leg and the continuation of the upward move that has been taking place in the last two days.The momentum lines at 15min (which is what I used before) have now began to cross at the bottom of the chart showing a possible end to the downward momentum trend!Click on image for full sizeI have bought some BC at 32, 31, and 30. I did not have any BTC for this last lower price push and missed the action since I was in church praying for BCs recovery.. just kidding Buy-BlackThe following two tabs change content below.BioLatest PostsBuy-BlackLatest posts by Buy-Black (see all) ALWAYS BET ON BLACK - Update 33 - May 25, 2014 ALWAYS BET ON BLACK - Update 32 - May 24, 2014 ALWAYS BET ON BLACK - Update 31 - May 16, 2014 April 27, 2014 by Buy-Black 1 comment 2280 viewson Technical Analysis by buy-blackShare this post Facebook Twitter Google plus Pinterest Linkedin Mail this article Print this article
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