BTC Sept Performance, Monthly Charthas Sept ever proven to be bullish? not on the majority ;) watch out for sept, don't fall into the nay saying of the moon bois ;)
Bulltrap
FCEL Pt 6In part 5 I noted how I thought it was suspicious how retail heavy stocks were all suddenly trending up but to drive that point home look at FCEL, SOFI, NNDM, IDEX 15m time mark and you'll see a upward trend begin after august 20 (last Friday). Super Sus imo.
On to the matters at hand, as found in an article from investor place, "High valuations and a relative lack of catalyst have been the main culprits," in why they suspect FCEL hasn't been getting the attention it needs.
The main reason this is a long play is because the global economy is shifting to renewable energy vehicles one, and many investors (myself included) hopes to see this return to the pre Feb 8th highs of $28 give or take.
Two key catalysts the article covered
-upcoming infrastructure bill (Oct. 1st)
-China move into the hydrogen space
Personally, for the time being there is only one true catalyst and that is the infrastructure bill. Granted China as powerful as they claim to be has been on bs all year from the bitcoin crashing to the dictator like control of wealth hindering the likes of BABA and NIO. So, imo if China enters the space soon, yes it may push investors more into established American based stocks but too unpredictable for my liking.
Concerning TA
both the 1h and 15m times look sketch we've broke the suspicious bull trend line discussed above and are fighting to regain directional strength. as the days get closer to October 1st we may see a buy the news sell of anticipating a spike after the bill passing (Hopefully).
TITLE TO ARTICLE: Fuel Cell Stocks: Why BLDP, PLUG, FCEL Stocks Are Getting Green Today
If this helps you let me know, I'll add Fundamentals to my TA.
USDT Dominance Chart by %A crazy buy and selling indicator this chart can be for investors and swing traders, depending on this combined with btc chart, you can easily dominate the game ;)
Update more detail added for BITCOINs next big reversal downSo just adding some additional price areas to my chart.I have also provided the RSI indicatorto show the major hidden bearish divergence, along with the regular bearish divergence. These are both yet to play out and paint a picture of a solid move-reversal down to the areas i have charted here, trade safe and have a plan. Love to hear anyones thoughts, cheers $urfbeach73
Cautiously Bullish On Cryptos I have made more than I could have hoped for during this last month on many alts, harmony has been good - not great so I’m going to look to take profits on my alts including $one into the next rally above 51k
Then once btc goes above it’s all time high I will re enter on the first pullback. I am going to be cautious not bearish and I urge others to be cautious during this phase.
! This is either a bull run or a bull trap !
Anything could happen, no one knows what’s next so it’s best to take profits and wait to see what happens next. Your either going to have to HODL and risk a potential sell off or take profits and miss the ride between 52-55k and 64k
(Warning - there could still be a potential 50-100% run on harmony one, I just don’t see the volume here and momentum, at least yet. This could change at any second - like if some influencer starts getting bullish on $One’s ecosystem - so for me I’ll be keeping alerts on $one and if I see a rush of volume and momentum I’ll jump back in)
DYOR and Be Cautious, take profits, and be ready for anything.
Geomathematical Trinity BTCthe only thing still holding us up is this trinity the moment it break, it's a disaster for the bulls, 51, 53, 55 is the support break that and dive to 25k, ;)
BTC Weekly 8 and 21 EMA acting as Golden and Death CrossA nice observation could be this of 8 and 21 weekly MA on BTC, noting in mind that an attempt to make a golden cross after the death cross was made which always resulted in more than 60% correction ;)
if u have any money on spot, i'd recommend to get out b\w 50-52k after that a dump to 26k follows ;)
BTC Weekly Chart, 21 EMA Observation21W Ema has always been a good support for price ranging into bull market,
Every time price went went below this, closing 5 candles underneath it a pump to the upside has been seen which follows more than 60% correction ;)
LTC/BTC, Monthly ChartA chart missed out by many showing some bomb movement for LTC, the pump from the bottom could've been predicted by this too ;)
before dipping this might just touch 4500 sats
ALTS/BTC at yearly high supportNo wonder alts are bullish, rejection from above and dropping dead soon, better not be bullish at the top ;)
it's bull trap I guess . be carefulwxy correction
w = an ordinary zig zag
x = as same as w but smaller
y = flat pattern ( running - ordinary or expending we'll see)
not suggesting open short position or if you want , open with low leverage
BTC Update, 4hr ChartBTC performing just as planned, pump to 49.9k-51.1k on the plate maybe even 53k, but a huge dump to 30 follows that afterwards ;)
if u guys are in profit on some coins at this point i recommend u to take them and sit in usdt's bcz this is gonna be a long ride to the bottom ;)
Bitcoin Losing Momentum (Bull Trap)Simply, when bitcoin correction touches MA 50 and death cross with EMA 50 then bitcoin will dump. In my previous analysis Bitcoin is in bearish crab and decreasing volume.
If Bitcoin can break out from $52k, it will be surprising to me because the volume is not enough to break out $50k.
BTC Bull Trap IncomingIf you don't understand this graph but you are invested in crypto, I feel for you. I was there once and I am sorry about all the money you are about to be "confused" about. Long term this asset is still bullish in my opinion. Although a bearish trend is still in the near future. I don't recommend anybody make investments without doing their own research. We will have some weeks of up and down price action, but these lines have been accurate for months now. I have not posted on here because I have been receiving requests to get paid chart analysis individually for certain clients. That has taken up most of my time. I am giving this chart for free and I hope you take it seriously. Happy trading!!!
Dead cat bouncesthe dead cat bounces difference from the ATH marked, let's see which one plays out this time,
btw made some color changes in the chart ;)
85% sure this is not a Bull Trap.Fear and Greed Index holding steady at 72
Bitboy Crypto says it's not a bull trap
Momentum is building steadily.
Timelines of other analysts predict the end of the bull run being Dec-Jan.
BTC Short Above 50KThis is just an idea I've been entertaining for several days now, not financial advice. If BTC breaks above 50k, a ton of people would FOMO in because the price moved above a major psychological level for many people. But, if you look at the chart, there is obviously some heavy resistance between 50400 and 51500, which the price will probably reject off of IMO. This should be similar to when BTC broke below 30k for the first time, everyone thought it was going to zero, but there was obvious support at 28800, which we bounced off of. Or when BTC broke above 40k recently and everyone thought it was going to the moon, but really there was a lot of resistance between 40500 and 41000, which the price rejected off of and quickly dumped to 36k.
I will take this trade if the price is already overextended on smaller timeframes (5m, 15m, 30m) and there is low volume after breaking 50k
#BTCUSDT Bulltrap coming soon, beware next few weeks!!*Hi guys, nice to come to my signal!
- August 15 shows BTC price recovery signal from $30k to $47k. We've had 4 weeks of growth and haven't seen a bearish candle this time around?
However, the $49-55K price zone will most likely end the BTC bull cycle, it could be a bull trap zone for the bulls. We should look objectively at the downtrend on the weekly frame.
- I hope for sustainable growth, however, I do not believe in whales, because they are always ready to kill all the inexperienced people in this market.
Above is the warning of the downtrend and the next trend on the weekly frame.
Wishing you all a happy Sunday.
My wisdom, from chalynguyen.
[UPDATE ETH] We are not in a BULL TRAP! Focus on the monthly!
Recap, why this is not a bull trap?
1) Hit an all-time high on the monthly
2) Stock RSI still super powerful
3) EMA ribbon clear uptrend
Where bitcoin can go, bull run 2.0 or another mega bull trap?BTC look tries hard to break the resistant MA 200 and make bearish crab pattern. I think BTC will go to retest the previous neckline HNS and in that situation BTC whether to continue bull run 2.0 or mega bull trap. I dunno why I still believe BTC is in a bear market because the volume is not enough to push up BTC.
*Some idea from Skyrock Signal
The bull trap has started !A new falling wedge has been formed just after the rising wedge which is a very very bearish sign in longterm but for the short term you can expect a slight bull ascension and then the true crash start !
BTC.D 🚀Hi everyone,
wish y'all have a profitable life 🍀
📍 I can see some raise in Bitcoin's dominance in parallel with the Bitcoin price growth.
⚠️ BUT, I still am not completely sure if this growth is smart money or a possible bull-trap, however I trade EXTREMELY carefully nowadays, plus I need to see the 44k zone to be broken and watch the volume indicator CAREFULLY.
📌 I personally think that the 50% zone needs to be tested!
⚠️ This growth is not a good NEWS for the Alt-coins.
THIS IS NOT A FINANCIAL ADVICE
PEACE 🍀🕊
This is your last chance to sell high !The BTC has formed probably his last bull formation Called a falling wedge It is known has a bull sign but in this case it's so small that it's simply most likely a bull trap Be aware !
(also i'm aware of the typo it's rising wedge not risind wedge !)
