When Bitcoin undergoes a significant price decline and subsequently forms another bottom before the halving, some traders might interpret this as an attractive entry point to buy Bitcoin at a seemingly discounted price. The expectation is that the halving will trigger a supply shortage and, in turn, drive up the price. However, financial markets are inherently...
Tags: Blackrock Bitcoin ETF, Inflation, PCE, FED, Wage-price spiral, BTC.D, ETH/BTC Could we be mimicking 1970's market? So last PCI reading came 3% but core CPI is still high and Core PCE (FED's preferred inflation measure) has been sticky in 4.5% area for past several months. Whilst inflation expectations have been tamed by FEDs continued "We remain focused on...
Everyone is looking for Short Trade Will Go LONG !!!! Reason of taking this trade. *After breakdown consolidating near resistance level * Sellers are Shorting at Resistance * Increasing liquidity * more retail sellers are coming in trendline breakdown * Price Action + Trap Don't forget to FOLLOW for More IDEAS
Looks like price is going to retest the broken support of the massive double top (see related idea down below). This could be a bulls trap, be careful.
reason of this trade *Rejection from 1Hr Resistance Zone * After Fake Brake-out * Buyers are trapped I'm in this trade
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BTC has a lot of potential to make a trap at 25K. It can be seen that on the daily chart, BTC already has a Bearish Divergent. On the weekly chart, DeathCross has just been discovered on BTC for the first time. the movement is still in the BearFlag pattern. Stay careful, and keep DYOR
Hello Birdies, EPIC SHORT ALIGNING!!! A exciting week this was. But stay cautious this is a bull trap in progress. As you all know we trade what we see RIGHT! So here is what we are seeing on our weekly chart. The falling wedge going to work as a bull trap. There is a huge trendline which was broke down and converted into resistance The trendline...
The RSI is at high values, I expect a bull trap because the market would be overbought and in the long term we cannot grow at these interest rates.
It is quite simple, we are sitting at 23250 for BTCUSD at the moment, if we want to confirm that this is a bull run that can go longer and signal the start of a change out of the bear market we need a monthly candle close above 23250 for a new monthly higher high "above July and August 2022", this will be the first "proper" monthly higher high SINCE the ATH. If...
For those of you who are following along with me on my little obsession with AMD, the past week was pretty exciting for those who were shorting the stock as the price dropped out of that short-covering rally like a rock for a $9.46 gain. AMD is now reaching a very uncertain area with 3 support levels to get through and it's actually touched an ascending trend...
as you can see price made something what most people call a choch but no its a trap price will grab the high and after that we can consider selling stay alert for it
Two powerful green candles in daily chart all in, right? Be careful, there is a major move coming in weekly chart. BTC right now is forming another strike of bear divergence in OBV, the pivot is the 20700$ area. If BTC continues stalling here you will see sell signal in Coppock Curve and that combined with a bear divergence in OBV will be the trigger for the...
Bull Trap: those open long position within short period of time the market reverse below the stop loss; Bear Trap: those open short position within short period of time the market reverse above the stop loss; M.E. : Market Engine indicator that gauges the momentum; Price Action Color Bar and M.E. help to eliminate those mislead information to...
Had us pretty fooled lol the resistance are strong .. bullish pennant bull flag formed and now became an impressive fake out. This is unbelievable i know y’all don’t want to hear this but this seem like XRPUSD ( Ripple) will crash.. it will drop a lot faster than expected. Since now the Feds made the 3rd 75 basis point to fight off the inflation to try to keep it...
So the price grabbed the liquidity of range high, and now it broke the eq. Potentially the traders who came after the breaker, or say trap, longed during and after the pumping. Now expecting it'll dump after the retest of the potential M15 breaker.
OANDA:XAUUSD Here we can see Gold has created a double top this morning early into the London session, for me, this is an easy target for us to come up and sweep these highs once we get entry conformations!
Buyers are taking a real beating, they keep buying but the dollar keeps pumping. At some point the market will need to give them a sign of relief. Since we have swept the liquidity below this zone and tapped into a mayor order block, we may begin to see slight relief here. BUT Don't think that a bullish candle means a reversal! This is what they will want you...