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Bulltrap

I am financially ruined. SELL CHAINLINK BEFORE IT IS TOO LATE!oh linkies! the conference today revealed to the world the fat russian that runs this scam. price has already tanked ten percent. once it breaks through the five dollar resistance the panic will begin and small holders and speculators will begin to offload, with the whales already long gone. once it shoots through the 2.5 mark, unabated fear will ripe through all linkies, with all those who dumped their current accounts into this scam twitching their fingers continuously while refreshing binance. the 0.5 mark will be met, the largest panic in history will ensue. the final deluded nodes will begin to go offline, and wagecuckers with their engineering salaries loaded up in link will be left with it stuck in their wallet, unable to move it to binance to salvage some self-respect. the price will tank at this point to sub 0.5, and most probably sub i.c.o. levels. from that day forward the stinky linkie wagecucking nerds who bought this coin thinking it had fundamentals will go back to their jobs, with no money in their current accounts, to be made redundant by the next wave of pajeets arriving to undercut their wages. stinky linkies will hold bags forever, with no job, no money, and no crypto. i warned you linkies. there’s still time to get out. sell now. don’t be stinky, don’t be a linkie. www.youtube.com
Short
by GregTheSpider69
BTC/USD - STRONG BULLTRAP FRACTAL SIGNAL | WEAK VOLUME / FAKEOUTBitcoin Is Showing Many Similarities Compared To Behaviour In Late 2018: Price consolidation for over 70 Days RSI consolidation for over 70 Days Weak/Low volume pump up for a few days Followed by a deep crash by over 50% Bitcoin Here In Mid-2020 Is Showing Very Similar Behaviour: Price consolidation for over 70 Days RSI consolidation for over 70 Days Weak/Low volume pump up for a few days If this fractal were too playout, a deep crash is expected very soon, confirming the play-out of a bull-trap. Price has yet to make a higher-high, ~$10,500, and this may be another weak, unsuccessful attempt at doing so. Late 2018: Mid 2020: VERDICT: Based on the vast array of similarities of the current price behaviour compared to late 2018's behaviour, I believe the recent price pump is a bull-trap and I expect a deep crash very soon.
COINBASE:BTCUSDShort
by JayanVarsani
8
Maket Makers Set A Bitcoin Trap? A sudden 2% pump in price for BTCUSD is exciting... it suggests we may finally see the market start to rise. However: On closer inspection we have cause to be cautious... Until we see a breakout or a swell of momentum and volume on higher time-frames, Team Sparkster is skeptical. The problem is that Market Makers (whales and institutions) can easily take advantage of the liquidity available above and below resistance levels. By pumping the price just a little bit during times of relatively low volume and thin order books, a whale can trigger stop losses causing a cascade of orders, even liquidations, allowing the whale to scoop up that liquidity and then sell it back to the market leading to a drop in price. Notice on the chart circled in green the long wick that extends beyond recent high. That move almost certainly triggered stop losses for short positions held above $9340. If the bulls do not quickly follow through with momentum up, then sure enough we could see another decline in price with many traders left in negative positions. And looking at the current candle we see resistance starting to set in. This is why lower time-frame trading can be so risky, cause money to be lost, and why Team Sparkster advocates a diligent approach to historical backtesting of particular trading strategies. Specifically, the 2-week chart for bitcoin shows a lot of pressure to the downside. Sudden 2-hour burst rallies may not be sustained market moves. Remember, most people eventually lose money attempting to trade on the financial markets. If you really want to play in the major leagues for sustainable profit, you need the tools and techniques to help you do so.
COINBASE:BTCUSD
by Sparkster
Short Bitcoin, be patients as volatility is deadThis - 7200 breakout - has not been retested since the breakout. Any demand at 8700 or support is simply a bull trap for retailers, and is coming on weekends. This pattern suggests that scammy exchanges pump it to wick buy stops. It looks like a slow grind downwards but price is coming there with Stop Loss - 9363 1.first stop at 8500, R:R - 2.31 2 second stop at 8200, R:R - 3.3 3. Third stop at 7800 R:R. - 4.8 4. Final at 7200, R:R. - 7.31 If you have liquidity, put it and go to sleep, else, like me get out at stops, and get back in after the relief pumps - which will always come My entry is from 9070
XShort
by foolsbookie
It was all hype. executives allready sold 98M shares.Sell now! Top executives allready sold out. Abandon ship. Sold the knews and the roni vacine hype. Desapointing vaccine test results! Now game over. Skipped the all important animal testing stage and went directly to human testing. No corona virus in vaccine-only mRNA from a sars strand. NIH/MRNA contract for the PATEND of the said vaccine type. Royalties in the hundred of thousands per year to NIH scientists if patend is granted (goverment and your tax dollars to lure in investors to pump the stock up to 600%). This is the next ZYNERBA PHARMACEUTICALS INC. Crash imminent and very soon back to $10 a share. Watch an important RT utube video (www.youtube.com)! Sell Sell Sell Sell near the Nasdaq all time highs in 10 years.
NASDAQ:MRNAShort
by ChristosTrader
11
BTCUSD: Inverse Head & Shoulders Fracta - Deadcat to $9.4K?Bitcoin is starting to form the previous inverse head & shoulders pattern on a smaller scale, potentially creating the continuation pattern of a bear trap followed by dead cat bounce to $9,400 support turned resistance, before moving back below $9K for lower lows after the monthly (as well as quarterly and bi-annual candle) closes. Based on larger time-frames, $8.8-$8.95K should act as strong volume support. RSI & CMF are diverging with the similar setup. RSI oversold double bottom currently testing neutral zone within right shoulder, CMF bearish selling pressure divergence from left shoulder to head flips to buying pressure and re-tests the neutral zone in the right shoulder. Below $8,637 (50 Week MA), price could fall fast if bears follow through with sufficient volume. It's the perfect setup for a bear trap, followed by the obvious bull trap into strong resistance. Candle closing metrics based on current price: Monthly gain/loss: -4.28% (bearish) Quarterly gain/loss: +40.95% (bullish) Bi-annual gain/loss: +23.23% (bullish) 4hr view continued: A few possible scenarios Daily view: Hash Ribbons Buy Signals 2016-2020 Extrapolation Weekly view: Logarithmic Curve & Network Growth : $100K in 2021?
BITSTAMP:BTCUSD
by dragononcrypto
BTCUSD | Bull Trap| Resistance Cluster| Apex| Low Volume Evening Traders, Toady’s Analysis – BTCUSD – establishing a bull trap, now trading back into its apex where a breakout is probable Points to consider, - Strong resistance cluster (Bull trap) - Support and resistances converging (Apex) - RSI and Stochastics showing weakness - Volume declining BTCUSD has had a sharp sell off at resistance cluster, trapping long buyers. The significance of this resistance cluster has now been solidified three times. The local support and resistance are converging; a price break in either direction will be imminent. The RSI and stochastics are both below 50, showing immediate weakness in the market. Volume is clearly declining, indication of an influx being imminent, this will coincide with the possible breakout. Overall, in my opinion, a break in either direction is imminent; the probability down is greater due to the recent impulse sell. The break needs to be backed with increasing volume to avoid any fake outs. What are your thoughts? Please leave a like and comment, And remember, “People normally describe this kind of internal mental shift as an “ah, ha” experience, or the moment when the light goes on. Everyone has had these kinds of experiences, and there are some common qualities associated with them. First, we usually feel different. The world even seems different, as if it had suddenly changed. Typically, we might say at the moment of the breakthrough something like, “Why didn’t you tell me this before?” or, “It was right in front of me the whole time, but I just didn’t see it” ― Mark Douglas
BITSTAMP:BTCUSDShort
by AzizKhanZamani
7
Don't Get Trapped Muhh Bois We could easily fall out of the channel now, but i suspect we will have one more swing up above 10.5k to trap in longs before heading back to the 6k region. I plan on re-entering around the mid point of this Gann Fan to ride an oversold bounce, then plan on loading in more in the green zone into the new years 2-5k price range incoming in my opinion. feel free to post ideas of your own in the comments if you see it differently than myself, i always like seeing differing opinion. Good luck and safe trading my friends.
BITSTAMP:BTCUSD
by CapitulationCalls
AMERICA RIOTS/PROTESTS TO TRIGGER NEXT MARKET CRASH? Riots & Protests = Social Gatherings Social Gatherings = Spreading Of Coronavirus Spreading Of Coronavirus = Restricted Economy Restricted Economy = Market Crash Whilst this logic may not fully constitute to a market crash, it just needs to be a catalyst. A trigger. Just as the virus was the catalyst for an over-valued market back at the highs, the riots & protests may also be the catalyst for the currently over-valued market and bull trap we are in right now. VERDICT: Since we are clearly already in one of the biggest bull traps ever seen, the conflict in America may trigger the long overdue market crash.
SP:SPXShort
by JayanVarsani
1
BTC topped already! Look out the historical chart, we can see a clear way the how the market-maker playing this game. Collect the chips at the bottom, pump 3 or 4 times, then dump. Different to the normal stock market, bitcoin's each pump is higher than the previous one. And, the POINT is , the longer they collect the chips, the higher they could pump! So, right now, after the Great Dump, only the market maker and few noobs have bought in at the deep bottom. With the money they've made by shorting the Great Dump, they've already pumped 3-4 times (cuz the chip collecting time was too short). In the name of halving, people FOMO in. That's where the game ends.
BITFINEX:BTCUSDShort
by Une_Anunaki
how many bulls will the S&P 500 trap?After a ~35% panic drop in the S&P and a bear rally fuelled by the fed money printing machine, will reality finally catch up with the market? Record unemployment, lackluster company earnings, a shutdown economy, a worsening health crisis, uncertainty for the future, declining volume & momentum - all ingredients that reduce investor confidence which will inevitably cause the market to drop. I suspect to at least test the recent low, if not much lower to around ~1600. Price has hit the .5 retrace at the 1:1 extension and it's all down from here. How far down we'll have to see what the wave structure gives us. Please comment with your thoughts.
FX:SPX500Short
by fibtradez
4
BITCOIN & SP500 | THE SIMILARITY IS PRECEDENTED | NOT A HEDGE.No unnecessary words needed. The chart speaks volumes. Bitcoin has never experienced a recession let alone a pandemic. Bitcoin will follow and mimic the global economy so long as economic implications exist. Main indicator for investing in Bitcoin should be the SP500, or any other equity index. This isn't a bull market. This is a bull trap correction. VERDICT: Bitcoin is not a hedge and will follow the broader markets until this recession/pandemic is over. Just ask yourself... why would bitcoin act differently?
COINBASE:BTCUSDShort
by JayanVarsani
5
GLOBAL EQUITIES BULL TRAP | FURTHER DOWNSIDE EXPECTED Often in downside and upside moves of large magnitude, a phase is present where a large correction occurs. This is known as a Bear or Bull trap, respectively. It is reasonable to say that we could be in a bull trap right now with stocks up by almost 30% An average market cycle high to low has been in the region of 50-60%. This would bring price to strong support and a reasonable area for a rebound (Buy Zone) This assumes that this downside cycle will be of the same level or worse than the previous downside cycles. The reason for such an expectation is due to the extremity of Covid-19 in terms of unemployment, trade, demand shock and other macro-economic metrics/indicators. Also the fact that the pandemic indicates a more longer/severe cycle due to the nature of the event being so complex and impactful. VERDICT: Signs of a bull trap are becoming increasingly more noticeable and this, along with the extremity of Covid-19, indicates that the crash is expected to continue further.
SP:SPXShort
by JayanVarsani
Does it look familiar to you ?Hi everyone I hope you are doing well and staying healthy. Today I wanna point out about the same pattern we had on top of the last trend. In my eyes and in my personal opinion it seems like we are watching the same scenario again. both of these patterns show constant high volume and the last effort to sell what is left(selling climax) followed by a bull trap. Personally I think we are going to have another consolidation phase before halving. Stay safe & Healthy.
GEMINI:BTCUSD
by arnemati