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nima-mohammadkhani
Sep 9, 2021 7:09 AM

BULLISH TRAP : BTC Massive DUMP 

Bitcoin / TetherUSBinance

Description

Greeting from IRAN to whole trading community

What Is a Bull Trap?

A bull trap is a false signal, referring to a declining trend in a stock, index, or other security that reverses after a convincing rally and breaks a prior support level. The move "traps" traders or investors that acted on the buy signal and generates losses on resulting long positions.

Whales has started a massive DUMP on Bitcoin on 7th Sep 2021 19:10 !!!
They dropped the price about 7.000$ and had reached to 42.000 in less than half an hour
When price had dropped massively , many traders come to open their 'Short Position"
And that's the best SPOT for Whales to do their "BULLISH TRAP"
Right after that massive full body Bearish candle closed (5m TimeFrame) , They start to buy all the orders and PUMP the price about 6.000$ or 15% in only 5 minutes!!!!!
THAT'S WHERE THEY CAN LIQUID TRADERS ABOUT 2.700.000.000$ IN LESS THAN AN HOUR!!!

So notify that "Cryptocurrencies" is a market that whales can affect it easily , Future trading is high risk so manage your levrage and money in order to avoid such these attacks

Wish you best of LUCK ☘☘
Comments
Helical_Trades
Finally :D
After a month you analyzed some... :D
nima-mohammadkhani
@Helical_Trades Long time no see bro Good to have you here again 💙👑👊
Try to rebuild myself and my trading plan but I will come back stronger soon 😁✌🏼
jazerbay
Expertly explained!!

So great to see you back 👋

I hope the beginners can listen to your advice 📌
nima-mohammadkhani
@jazerbay, Great to have you here bro try to come back to work ASAP ✌☘💙✔👊
L_a_R_U
Super, good job!
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