BTCUSDT anatomy of a bulltrap / double top formation up-to-date Short

Bitcoin / TetherUSBinance

Description

⋅ May 15, 2022 9:10 PM

BTCUSDT anatomy of a bulltrap

* Heikin Ashi bearish;
* Show of weakness on volume / institutionals sell-off;
* RSI (overbought), Awesome, Chaikin Money Flow, all bearish triggering;
* Moonbois triggering;

Comment

⋅ May 15, 2022 9:17 PM

Comment

⋅ May 15, 2022 10:37 PM

Comments

kochkelvin

⋅ May 15, 2022 9:20 PM

this is complex looking at it but actually practical 👍

firmestudio

⋅ May 15, 2022 9:25 PM

@kochkelvin, Thanks for your attention. Good profits.

alikhash

⋅ May 15, 2022 9:36 PM

why the volume is very low :|

firmestudio

⋅ May 15, 2022 9:47 PM

@alikhash, supposing to be a trap (upthrust on Wyckoff fundamentals of market psychology / so-callaed bulltrap)

almatradebusiness

⋅ May 15, 2022 9:21 PM

thx bro.What you think about 24-26 goal?Retest bottom.

firmestudio

⋅ May 15, 2022 9:34 PM

@almatradebusiness, You're welcome. Expecting retest of the bottom and targeting 23.6K (H&S correction)