BTUSD we dropping but how far?one of the two scenarios, i really dont want to see. actually neither, to be honest, but it looks like its gonna drop to around 7500 before we see higher highs again.
Bulltrap
Spotted:Big Fall & Bull Trap -6 days Before Bad News. Possible ?Hi, Followers and Visitors,
Welcome.
First of all, thank you for trusting: 3rd TARGET HIT !
Is it possible to spot a Bull Trap, then a Big Fall on BTCUSD , 6 days before Bad News comes and becomes Viral ?
The Moving Water - A New Trading Perspective, actually, did spot it, because it does not wait for bad news to spot a fall.
Doesn't trust on bad news or good news. Doesn't wait on them.
Considers the chart, and all the informations that the market gives.
As you can see, after bad news was viral, panic came up, and it was too late to get money, or not lose it.
Also, before that, still there was a FOMO. ( Fear of Missing Out). Even though news was already out online, many people believed it was time to buy BTC, because it was time to go UP hard, so don't trade FOMOS.
Again, I am sorry for those who are long and bought it at 19k, but when market says it is going down, or going up, no one holds it.
So, it is not my fault if it is going down. I just can see it. Don't believe that my small analysis could influence the market. Not even whole Trading View are able to influence and stop a big wave.
Posted the bull trap chart on May 3rd, for BTCUSDT , saying it would go to 10k, but just after that, it had an update saying: 10 k is out, because, The Moving Water could spot that BTC was not gonna hit 10k on top of the Bull Trap, and it did not get there but very close, as you can see on the chart.
So far so good.
2 targets to go.
For more information check related charts below.
Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, and GIVE A LIKE and FOLLOW.
ADVICE: STOP LOSS is something everybody should use, everything is possible in this market. But, that's a responsibility a person should have with their money, I don't have the influence on that.
GOOD LUCK & GOOD PROFIT.
PLEASE: Press LIKE
Thanks for following.
How People Called Me RETARDED ? JUDGES ?April 13th - A Bearish Channel was spotted, signaling that it was not the best time to Buy, and that BTCUSD would hit a top resistance any time soon.
May 3rd - A Bull Trap was spotted in a double top.
May 4th - People called me RETARDED.
May 11th - Judges ?
For more information check the related charts below.
ADVICE: STOP LOSS is something everybody should use, everything is possible in this market. But, that's a responsibility a person should have with their money, I don't have the influence on that.
Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, and GIVE A LIKE or FOLLOW.
MOVING WATER
New Trading Perspective
GOOD LUCK. GOOD PROFIT.
BTC - WHY DOWN- SHORT TERM? Excitement and Panic are Enemy!Sometimes we have to understand that water goes to the easier way on short term, BUT the storm is almost over, and very soon we will start the bull market.
Although, MAs 100 and 500 are not stable yet, so the easier way is down, for now, after that last short wave we will have buy area, at around 5.700.
This is what "The Moving Water"- my new trading perspetive is saying.
We are still improving it and testing it, but it has been doing great job.
Excitement and Panic are always the enemy!!!
GOOD LUCK. GOOD PROFIT.
LIKE A SNIPER - 2ND TARGET HIT - AGAINST 99% OF TRADING VIEW TALK IS CHEAP.
I HAVE BEEN HAMMERED since I started to spot huge short waves when BTC was almost 20K.
Well, here we are.
THE MOVING WATER just proved that is here to STAY. It keeps going with 98% ACCURACY.
There are 3 more targets to go. Let's see if all of them will be reached.
For more information check related charts below.
Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, and GIVE A LIKE and FOLLOW.
ADVICE: STOP LOSS is something everybody should use, everything is possible in this market. But, that's a responsibility a person should have with their money, I don't have the influence on that.
Thanks for following and trusting.
GOOD LUCK & GOOD PROFIT.
The Great BearA better model for my idea. More detail in chart; DJIA piercing the top of triangle 5-09 does not constitute breakout; low volume, weak RSI. It's a bull trap.
The downtrend is definite and clearly established now, with 4 lower highs over past 3 months and 3 retests of the support base of descending triangle.
Bulls are weary and the bull run is ten years old. Fundamentals are good, but these have been discounted and prices are still too high.
This is a real bear, following a real bull that lasted for ten years, not just a price correction. The bear will likely last for nine months. Big bulls beget big bears!
When the downtrend continues there will be a series of successive declines with upwards reactions, but the current support levels at 23600 and 22800 will become resistance, so-called "Support inversion"; We already saw this happen at DJIA 24800 and it's happening again at 24500 - previous support becomes future resistance.
Some contributors here have suggested the correction could be entering final phase and hope for breakout to the upside.
Low up-wave volume and weak RSI are inconsistent with this idea. When the bulls return it will be on powerful price action and very high buy volume. Not seeing it now.
Recovery will most likely occur around DJIA 21000 at S3 reaching back to May 2017, where the downtrend intersects the long uptrend reaching back to 2010, resuming the steady 6% growth in equities which they return historically. With T-bills at 3% now the risk in equities outweighs any short-term upside reward. Investors are rightly skittish.
Short the Great Bear; Buy in November when blood runs in the streets!
Gold multi year bull trap?Mentioned to my PM dealer i thought the gold chart looked like a massive bull trap and his eyes rolled back in his head like i had slapped his silly face. considering the competition gold is about to get from bitcoin (over the next 10 years) i wouldnt be surprised if more people dumped profits into sneaky silver. Just an idea. see how it plays out into the future! looks like it bounced off the top of the cloud and is headed back down. if it drops below 1200, id be really interested to see how long it takes to get to 1k, 800's and 600's.
FA: mellenials will flock to alternative investments when btc bear trend ruin's portfolios over a long slow decline. Gold is "too expensive" as in, foolishly, you can only own 1x1oz coin for 1300 opposed to 78x 1oz silver coins for same $ cost. this doesnt MEAN gold is superior, just that the general gen y investor (jon q public) is a short sighted, greedy fool. MORE IS BETTER! similar to the ltc boom in dec 17, people assume because it costs "less" for "more" it is a better value.
I could be way off. just putting it out there.
my outlook for the short/lt future
1 year:
BTC: bear
Gold: neutral/bear
Silver: neutral/bull
Oil: neutral/bull
5 year:
BTC: neutral/bull
Gold: bear
Silver: bull
Oil: neutral
10 year:
BTC: Bull
Gold: bear
Silver: bull
oil: bear
Big correction is coming? Bearish div on RSI and MACD say so!I still believe that there is big Bearish div on 1d timeframe from RSI and MACD like i post on 5 May. Now, i see potential bearish engulfing candle if we close the 1 day chart per utc below 9685 dollar.
This candle is followed by hanging man and bulltrap, so this is could be the beginning of big correction as the bull fail break the 10k.
POSSIBLE DOUBLE TOP SPOTTED. LAST BULL TRAP BEFORE FALLHi, trading View,
So far so good, my last chart is smooth as it has already two red candles signaling the volume loss, and where it is heading.
But, the Moving Water just spotted a possible double top, before the big fall, and price could go up to 9.750, with this formation.
For more information check the related charts below.
Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, and GIVE A LIKE or FOLLOW.
GOOD LUCK. GOOD PROFIT.
H&S AND A BIG ALT FOMOFriends
When I see the chart at 1 or 2 minutes, I examine the relationship between volume and price with a magnifying glass. What I observe is a predominance of bearish muscle strength over the bullish forces. I see it not only because of the red volumes bigger than the green ones (3 to 7 times more powerful), but I also see it because of the effort it takes for the green volumes to be able to go up in price at key moments. A lot of green volume for little price increase. That means that the bulls are holding back the price.
At the same time and from a broader perspective, I see that just at this moment it seems that we are going down, the main ALTs have had incredible price increases creating a great FOMO.
What I believe is that the bears' war booties will be all the FOMO of the ALTS (many exchanges do not have ALTS / U $ S stop lose, they only have stop loss ALT / BTC). The whales know it and there the trap to keep their money.
I also see that the whales do not want to go to 12K because at those levels the sharks and dolphins (which are not now) come into play so that it would be more difficult for them to manipulate the market. Now the whales manipulate it because they are alone.
My analysis is a mixture of indicators and psychology because we must not forget that TA is a human psychological game above all things.
Only for educational purposes.
If you are agree with my idea, give me a Like :)
BTCUSD bull trap after long...BTCUSD bull trap after long. The exchange rate is in front of a so-called "bull trap" (AB) wave structure. After this, the return to the 8821 level is ahead of a longer rise. The BC wave structure target price is 10688 levels.
SHOCKING PROOFS: How Whales Manipulate THE BITCOIN-MARKET!Dear Friends :)
I have the last couple of weeks, warned you again and again about extraordinary high manipulation in the Bitcoin-market (BTC/USD). I received earlier today a link on Twitter to a blog on Steemit, where a guy documents, how a group of whales are discussing, how to manipulate a market.
I therefore decided to spent a lot of time to analyze the last 2 weeks of the BTCUSD-market. I have made a comparison between the last 2 weeks and Bitcoins Price movements in the past and also looked closer in to other traditional markets the last couple of weeks (with lower and higher Market Capitalization).
Let's first define manipulation:
Controlling someone or something to your own advantage, often unfairly or dishonestly. In this case, we are talking about whales with a lot of money (usually at least 5 % of the market) is taking advantage of traders with less money to gain more wealth.
My Approach:
This is only seen from a TA-perspective. I have looked at the 1h BTCUSD chart over 14 days. I have chosen to categorize 3 different ways whales have manipulated the market:
1. Bear traps (yellow circles). To bait traders to go SHORT hopefully with leverage, AND in a situation, where normal TA principles confirms a downtrend direction, where the whales hereafter use their power and money to go in the opposite direction with the purpose to liquidate SHORTS.
2. Bull Traps (red circles). To bait traders to go LONG hopefully with leverage, AND in a situation, where normal TA principles confirms an uptrend direction, where the whales hereafter use their power and money to go in the opposite direction with the purpose to liquidate LONGS.
3. Shake outs (orange magnifying glass). Sudden huge price movements in either direction, WHERE normal TA-principles not necessarily confirms a clear and certain direction. Also with the purpose to liquidate either SHORTS or LONGS to achieve more control in the market.
I have furthermore used the following indicators to confirm a possible manipulation:
- Volume by time (measured and compared to the MA20 volume)
- The RSI (Relative Strength Index)
Summary and conclusion:
1. Take notice of the long period of 14 days, where the RSI not* have been under 50, apart from the times where whales manipulated the market. We only had a period of 15 hours (look at the green rectangle) where it happened. This has never happened in this market before under similar circumstances.
Usually we only see this in parabolic runs over some few days or if we make higher highs and lows in a market, which is going up in bids with not much fluctuations and usually not for that many days in a row.
2. The amount of manipulation is extremely high compared to other periods of 14 days. I have looked into at least 25 different periods of 14 days, and I haven't yet found a period with more manipulation.
3. April the 12th 2018 we had a Bitcoin-record, when it comes to volume by hour (Volume was higher than 24 times the MA20) and it appeared after a bear trap.
4. The number of times the RSI Level is above 70 is extremely high compared to a normal period of 14 days and very high to a similar uptrend period.
What we can expect now
As you can see, yesterday was the first time we came under RSI Level 50 again and stayed there without a manipulation, which took us higher. As I told you before, I also compared this situation with 2014, where we saw the crash. If this and the 2014-path continues, I have illustrated on the RSI what we will see.
You can expect that we will continue go lower in price and the RSI stay under 50 (usually around 30-40) and when we try to go above RSI 50 you can expect that it is a bull trap. You also expect regular shake outs, and eventually it can result in a similar crash we saw in 2014.
Let's hope the best for Bitcoin though!
D4 Loves You <3
I would really appreciate A BIG like this time - I spent a lot of time with all the research :)
BEAR SCENARIO Bullish Divergence on the RSI... NOT SO BULLISHAs the title says, i expect another wave down to the downside and we will reevaluate. the C is a retracement to the 0.5 fib, with is also a big support we built on the way up.
Keep an eye on volume as always.
ETH USD_Bull Trap IncomingHello everyone, going to keep this idea short and simple.
1) Ascending wedge right near what appears to be a top resistance channel. (The Red Trend Line)
2) RSI way overbought. Bearish divergence appeared on the momentum indicator.
3) No good support up here that was tested twice with lots of volatility over the past several days.
4) Be careful, BTC is about to face a tough resistance.
For anyone that wants to go long at the current point, I suggest that you don't until we break out of this wedge and away from that Red trend line.
For any day traders out there, beware any sudden drops, keep your stop losses tight, and your take profits tighter!
With that said, I'm going to go with what I believe the scenario is, A TRAP! The price might not reach all the way to the green buy area, but I believe we established support in this region prior and it is closer to the predicted upward green bull trend.
And the final disclaimer, anything that I state is NOT financial advice, and in other words, in any trade you take, you assume all the risk and at the same time all the reward. Before buying any market positions, make sure you do your own research first and not to risk more than you can afford to lose.
-May BTC reach Mars before Elon Musk
USD Dollar Index & BTC :: Bull Traps with Bear Traps Inside!This is noooot goood.
Russian doll MTF bull trap with mini-bear traps inside.. across the board in crypto, stock, & commodities!
BTC - GET COVER ! STORM SPOTTED !! BTC- short term. Storm ahead.
Even though there is a big uptrend movement coming, there is a bear wave coming, before bulls take over.
What is happening now is a bull trap. It means that price is going up, but actually tricking people for a big fall.
Hold on.
For more information check the related charts below.
GOOD LUCK.
I smell a BULL TRAP.I felt uncomfortable when the candles move up and down in square wave in matter of minutes on H1 chart as if nobody is trading it.
This movement shouldn't appear in a bullish market.
Also, the volume for each daily candles are too low compare to panic selling during 2018-03-06 - 2018-03-17 and 2018-03-25 - 2018-04-01.
The volume for each candle should be around 60K to 100K, but there's only 20K - 40K.
The rally is up too much, too fast, too easy.
I compare a slope for this rally among other uptrends.
The closest one that I can find was during 2017-08-03 to 2017-08-19.
They have higher volume than the false rally.
I smell a BULL TRAP. A big one.
I think it will land around 7500 back to the old long term support.
With the red line resistance become support, we will have 2 fold up trend, and the real battle will begin.
For those who buy the dips before 12th April (the big bounce). You are still safe (almost).
Just don't panic sell it and cause price to go lower :wink :wink.
For now, leave it alone don't do anything irrational.
Always trade with the trend, not counter it.
If you're still on the rally. Put your stop loss ready. You can ride it for a while, but be cautious.
S&P 500: None of dem kicks go boomNone of dem trend lines fill the room. None of dem kicks go boom.
None of these stocks can dance. Not a single one of dem stand a chance.
All of dem divergences are a mess. I've seen it all before, I'm not impressed.
I'm hedging my long from 2580 with a short in this price area, because too many stocks are at a risk of a trend change.
Short entry: 2694
Target: 2509
Stop loss: 2768
Risk/Reward: 2.5
BTC BULL TRAP – Back to 6600!Gann + Fibo shows the end of the trend. The same pattern happened in 2014 crash
[BTC-USD] BULL TRAP! NOT SUSTAINABLE! BTC MUST CORRECT!We are at the very top of a growth cycle which is "NOT " Organic and being manipulated by HFT and Large Whales! This is not sustainable by the regular investors or traders. Investors/traders beware of the bull trap which I see! I will wait for the price correction and would rather be safe than sorry!
PS. Their is too much TA garbage out there speculating in price action hitting 10k. That is ridiculous! We do not have enough volume to take prices up as everyone thinks. I do modeling on excel with a bunch of math as well, and these price increases in just 2-3 days simply don't make sense! Its all hogwash! NOT ORGANIC.....I believe we are treading in dangerous waters. Not entirely convinced of this bullish reversal!
PS. This is not financial advice, follow your own TA and devise your own entry-exit plans!
NZD/USDNU produced a classic trap pattern around the area that I was looking to. As far as how much it will come down is not quite so clear. Could be a lot. Could just be a 1-2-3 to the trend line and then more up. I wish I would have been able to pay more attention to it and posted the entry at the right time. Entry right at this moment not the greatest idea. Regardless, that's what you want to see if you are gonna go opposite direction of current trend...
Get Ready for $280 ETHHello everyone, In my analysis, I'm predicting that the ETH price will have a further downside, in fact I believe the market as a whole has more downside too. My analysis is as follows:
1) There is a large bearflag that has formed, and in being generous, I only set the bottom to 280 for now.
2) If you look closely, there are 2 previous large bearflags that have formed above this one.
3) The bearish divergence on the RSI
4)I'm not going to draw it, but everyone that follows the market and other technical analysis, understands there is a downtrend channel that is not being broken.
5) It's not shown here, but the volume also helps confirm a current downtrend.
6) On the opposite side of the overall ETH structure, you can see how it stayed in this area for a while before breaking out above. Not sure what this structure was. (Cup and handle?)
7) There is a predicted massive resistance waiting at 450 ETH.
And this is where it call comes together... This rally up is going to be a bull trap. When the failure occurs and the break below the bearflag happens, ETH will find a new home.
Welcome to 280-360 range ETH trading again, YAY!
Based on my prediction, I will not buy a long position in the market until we reach that area with low volatility. Then I will be a long term holder of ETH again.
If however, ETH breaks clearly above 450 and holds above for at least 1 day. I will definitely change my mind.To everyone else trading out there, good luck!
Just want to finish out that this is not financial advice and any trades and positions you decide to buy are purely your own responsibility. In other words, you assume 100% risk and at the same time 100% reward or loss. This technical analysis was made purely for my entertainment.
May BTC reach mars before Elon Musk,
The Ultimate Trap, but Bull or Bear?The consensus of the masses points to the crypto markets continuing to fall. I would say I am on the bear bandwagon myself. The consistency of volume just isn't there, and without volume there is no upward consistent momentum.
