Good day Traders Bitcoin has been battling with our DMA50 resistance, is now printing hidden bearish divergence on the daily, and we have potential for bearish DI cross looming. The recent short squeeze managed a 38.2 fib retracement after our drop from our 24 December swing high, so I have a 168.1 fib extension target of $2780 if we fail to get above DMA50....
Now tell me, who's in control? He climbs upstairs and descends from an excavator. This is a FALLING TRAP! Bears are in control. There is a graphic pattern in the DIARY that we call HARAMI from TOP. This is quite an indicator to the wise that the end of the pullback is over. Let's go down. You bet. This game is full of silos. I am your friend I'm not famous. I do...
Now give me hopeful people at BITCOIN. What is the main trend? What is the largest volume? Who's in charge of this game? What are the technical indications that the game has changed? People are full of hope in TOP TRADING VIEW, they are highly manipulative people. They need to live, they need to sell their expertise on their call. They live on it. They lie! Take...
Come on TOP TRADINGVIEW! I will help you. No, wait. Know how to read candles? Or do you copy ideas to sell your signals? Better start finding another service. This market is dead! Did you understand Without regulation no money will enter here! What is the 700 billionth of the marketcap? Where are they? Why did they run away? The bottom is farther than you can...
If we look at SPX chart, we can see the bear market just interrupted by some up movement For the intermediate term, we can see 2690 price area as potential resistance level If the SPX price can't break that level, the bear market continues Next support possibilities are 2540, 2420, 2280 price level Furthermore, it's possible for SPX down into deep level, such...
BullTrap setup possibility Im shorting bitcoin... You.., Well Yu can do what you want Target price is $35xx Gud Luck
Ucd broke trend line and looks like it may be making a bull trap pattern. This is a possible exact entry on a huge long term sell... I said "possible". But considering it is doing this right here after a trend line break I would think it should push down some.
Seems like a really nice bulltrap to me! We're going down from here on. Target around 3000.
Twain observed in Pudd'nhead Wilson; "October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February." How about a December crash? If this model plays out Santa will by cryin'. Notice rejection this week at TL. Downtrend continues....
** IT'S NOT AN OPPORTUNITY TO BUY YET !!!! Price is moving in 5 ways to the downside since the selloff from 6000 Wave 1,3 & 5 will go lower where as waves 2 & 4 will go counter trend and correct a % of the previous move. Wave 3 is often the extended wave, meaning it's the longest and you should be able to count 5 subwaves inside it. Once those 5 waves end, we get...
I am betting on the bull trap and a big drop to come until we go over 5850€. As usual I dont know what i am talking about :D
If you want to play with the big dogs, you have to bark like one. Everyone is waiting for lower prices. When the retail traders see the discounts slipping away, they will quickly start piling on the market buy orders. Our trend will then create the feel of a false downward breakout of the large yearly descending triangle (in green), and create the illusion of a...
Creating a bulltrap is the best way to take BTC lower. Our ultimate trap would be high of $8k on this run, and just as quickly as it went up, bag holders and FOLOs (fear of losing out) will ultimately sell to sub $3k. Alts will make 3x - 5x more gains during this final uptrend. But the bubble has to burst. What better way than to build the final bull trap for...
#NYSE: $CVS has some UPSIDE left, HOWEVER proceed w/ CAUTION! #BullTrap
Testing the 1W BB(144) is possible.
Been very busy and its been a while since I posted. Apologies for that and thanks to all of you who keep up the good work. In two minds here, which is a typical predicament with trading. The 15th October spike that popped through the top of the long term triangle has been seen by some as a bear flag, and I can see their point, but for me there is more...
Most likely will have a big come up to fake out bulls, true bottom is still yet to come. Partially because of main institutional investors still being hesitant to fully enter the game. Lowest Bottom Possible: $5,250 High Before Bear Run : $6,350-6,400 Just my take :)
Hi there, This is my vision on XRP if the bulls can overtake the bears in the coming weeks. On the daily XRP is forming a bull flag with an ascending triangle and it's been finding support on the 200 daily. If it is to break out we will probably go above the previous high. Now volume is important to give it momentum, xRapid adoption or speculation might cause...