Most People did not believe it would happen, and still don't.
While 99% of Trading View authors go with the Wind, changing their idea everyday, Moving Water stays on track, and now, Big Fall, first predicted on April 21, is ongoing.
Spotted another bull trap, on May 18, to around $ 8400, and did go a little higher, to $ 8600, (my bad), but now price is about to break down the $ 7800 support.
Moving Water has 2 targets left to hit.
Thanks for Following and Trusting
Moving Water
If It is helping - Please Press: -- LIKE --
_________________________________________ ADVICE: -------- MARKET FLOW: Market never happens at once, there will always be a long flow if you look close enough. When I spot a Trend and post it here, it does not mean it will go at once, or at that exact moment I post.
At this moment, I am NOT offering buy and sell signals, you need to do your own research when placing your orders and stop loss.
What I am posting here is just the tendency of the market, from what I see, but I am just trying to understand the market, not giving any service or advice to trade.
STOP LOSS: That's a responsibility a person should have with their own money, I don't have the influence on that.
I strongly advise you to use a stop loss. Try to catch the waves, but with a secure area, and limit your risks, considering a loss you can afford. _________________________________________
For MORE INFORMATION check Related Charts below.
Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, Give A Like and Follow. _________________________________________
Good Luck and Good Profit.
If It is Helping - Please Press: -- LIKE --
M.W. - Moving Water
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People say I am Mr. Short, but in reality, it is not true. I just can see what is happening.
The truth is that those who can predict a disaster are the ones that can spot a Bull Market.
Bull markets have birth on pessimism, grow on skepticism, age on optimism and die on euphoria.
M.W.
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Just broke DOWN $ 7800
M.W.
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Hi,
Big Bounce areas should be around $ 6900 and $ 5800.
Good Luck and Good Profit.
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If you are enjoying the ride.
Please Press -- Like --
Thank You
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I would like to know your thoughts of this Chart,
-good or bad -
No problem
Please Comment.
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Let me Clear Up Something Important:
When you run a chart, if it is working becomes green; if it is not working, becomes red.
Since, this chart is "Short", it means it is supposed to go down, when you run it, it becomes green, because when I posted, BTC price was $ 7856, and now is much lower.
So, Good News, it is not a buy, but it green because It is Working.
Thanks for Following and Trusting.
M.W.
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I am Very Happy With my Followers! Thank You!
Trade active
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Check you chart.
Trade active
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broke it
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Enjoying the Ride? Any likes?
Trade active
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Another Wave Coming...
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Followers. When I update trade active, it means keeps active the same idea.
Thanks for following..
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Hi, if you would like more update, please Give : -- LIKE --
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Could be a Small Bull Trap before continuing fall
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Ladies and Gentleman,
please Check Your Charts,
If it breaks down $ 7.200, bull trap is Out,
And our Target will get hit quick as a flash.
M.W.
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please Check Your Charts,
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hi, followers,
Last Possible Bull Trap to 8k is out.
That did not happen, market had no fuel for that.
Strong Resistance now at 7700.
But, market flow could just be in the N.#2 momentum (pause), before continuing fall, heading to n.#3 Momentum (correction).
Good Luck and Good
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BTC Update ! It is a bull trap, one more bearish week. Starting Today #btcusd #BTC #cryptocurrency #bulltrap
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It was a bull trap until yesterday.
Good Luck and Good Profit.
Trade closed: target reached
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This Chart was Medium Term Prediction, so it took 18 days to complete.
We're both in similar agreement. My target, as to when the bear trend reverses to bull is $5,366 price range, which see in the following publication using Wyckoff Rules, laws and schematics; as well as indicators:
UnsungTraderTV
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Congrats on making it to the TOP. Keep the MW goodness coming at us. Awesome!!
@lemosedmirf, I just want to thank you for saving me money. Otherwise I would have bought and hurt by catching the falling knife.
TauCeti
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Cool. What next?
appletwo
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I don't recommend you being a top author actually.. If your ideas get popular, the market and whales will react and the market will not follow your ideas anymore.. It's simple market dynamics.
appletwo
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so don't advertise too much @lemosedmirf ;)
UnknownUnicorn1065329
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I set the target at 6-ish
gendark2
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Excellent post. I was one of those caught by the bull trap but, I but a minuscule amount. Thanks to my ladder buying. Just here to thumbs up an awesome TV Analyst and share my ladder buy method.
This has nothing to do with where the market is heading but I wrote this geared towards those new to TA. I want others to learn from before they make my mistakes, aka learning the hard way. (Taking losses, Bag holding, Having hope the market will recover after a crazy buy in.) If you are experienced and just wish to compare notes, you are welcome to read this too, in fact please give it a read :-)
MovingWater
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@gendark2, Very good, ladder buy is a good trading technique.
We're both in similar agreement. My target, as to when the bear trend reverses to bull is $5,366 price range, which see in the following publication using Wyckoff Rules, laws and schematics; as well as indicators: