price slightly broke trend line to induce break out traders into shorts, we go long
price gave 20 pips right from previous entry, now we have another entry point to stack position. still a possible losing trade but i this type of stop hunt happened on my last eurcad trade so im going to take another entry and watch her play out
The price should be back to Demand zone exactly where Bank make an order If you have any questions please leave a comment
Classic bull trap graph. Don't you think? I'll stay out of the buying bitcoin and I will change my mind, only if we get fixed above 2nd downtrend line. Plan to buy btc at 6900 and lower Tweets are my opinions, not financial advice My twitter: @CryptoWolfy7
THIS pump was probably a gift for asian market ok, imagine waking up with money for christmas gifts. DOUBLE TOP 8.8 ekek. knife cut showing a formation of a new cycle that start with dump, soo mini trend weakness. Indicators used KEANU REEVES KNIFE CUT
SCANNER CALLS SELL Primary - Wait for a break of support (floor). - Wait for a RETEST (where price closes below the previous level of support). - Once price confirms support as a new resistance (ceiling), it is safe to enter. - Price doing this is a continuation of a DOWN-TREND. Secondary - Wait for a break of resistance (ceiling). - Wait for a RETEST...
I'll wait for NZD CPI news in a couple of hours and then wait for price to move to that lower zone and take a long there
Because everyone Long, I imagine a trap that we've already seen with the same pattern, a good F*ck Off. So, I Short, target below 8 and Stop at 8550. If we pass the 8550 again, I will go Long. Have a nice Day & week end :)
$XBTUSD, $BTCUSD: A failed pennant Observing the $SILVER and $GOLD chart we can see similar chop, and violent shakeouts to our phantom fib level. In my opinion, I don't think the run is over. I do believe that if BTC regains the pennant territory, we could chop out some more before a swift leg up.
unless this makes another high on the HTF, there is no reason to become crazy bullish. Still bullish on a macro scale but still expecting the 9k lows to be taken first. A LOT of liquidity under there.
Bitcoin was going crazy for weeks. Check the weekly and daily chart, we can see a bullish bias. But is it a good time for the shark too?
Quick chart: Don't be fooled, by thinking some stability has come. The price stabilizes, creeps up than suddenly falls. I do not believe the correction is over for the entire crypto market. The entire market is a bit weird, because alt-coins keep dropping. They drop due to fear and instability, then they fall due to Bitcoin rising in price, than fall again when...
What if the composite operator/whale(s) set out to enable massive liquidity by shaking out all the weak hands through an algo that created a weekly closing incredibly bearish doji (gravestone/shooting star)? If so, then they should enable the shorts to pile on towards $9700 or so and the squeeze the heck out of them up and through $20k. I'm buying the dips down...
We can see the supports. CD projekt RED went insane with the last E3 conference with Keanu Reeves. Everyone is hyped on the Cyberpunk project. A lot of people wants to buy some stock of that company to earn a lot of money... but whales only wait for a moment like this. You also can see that on 4h and 1d charts we can see bullish trend bouncing of the...