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MAJOR BEAR TRAP BTC 7800 AREAThis is not financial advice I'm a part time trader and full time musician so honestly most of you will probably think why are you even on here. I love finance and have never fully understood it and don't imagine that I will. As vast dimensions of possibilities outgrow me. Thank you for the patience and time to look through this idea, it's pretty self explanatory if you have any critique at all please, give it to me straight. #BTCUSDT #BTCUSD #EternaljOsh all social media @joshjgomes Love you guys, be well in these times. Blessings
Short
by EternaljOsh
US100 - SHORT (bull trap?)Last week I took 2 selling trades on the 7770 mark and closed the most recent yesterday after market opening (openings are marked with arows). Price broke out that level and is finding resistance at ~7960. This comes after a rally and short sellers are opening positions at the 7960 level. In my opinion we are facing a continuation of a bull trap. Price will break and retest this level, followed by a massive move to the downside. Not a matter of if, but when, since we are facing a crisis. Quantitive easing, 0% interest rates, trillions in debt, index funds bubble, more and more virus cases and shutting down businesses. All this has impact on the market and I will be waiting for price action on the 8000 level to short. Not sure if the bull trap is ending, since we had a clear one that resulted in 400pips of sell off and after that we saw movement to the upside. Would like to know your opinions!
UShort
by dimelobato
BTCUSD Sell OpportunityBoth previous sell had been profitable but we might see another opportunity here, we dont want to speculate anything on any instruments whether going down n up. What we do is to react when opportunity present itself in front of us. If its uptrend, we tend to wait n find where the early sellers might comes in n for the sentiment ridiculously bullish where dumb money should comes in, then we wait for reaction n confirmation, of course its vice versa for downtrend. Most of technical patterns are focusing on prices itself, n yes it is important, some also talk lot on indicators without understanding their real functions, most of the times we would classified them as coincidental lagging indicators (they are still good though if u understand the mathematical side of them n use it accordingly to volitility n liquididty). But the most neglected one of technical aspect is the time, when the big boys are coming in n with algo is involved 24 hours/day, when are the crowd with dumb money are coming in. Even if crypto market is up for 24/7, the pattern of when the big boys normally coming in is still important because they are human being, they still need to take rest n work periodically n monitor the algo. There is always a pattern, even when we see no pattern, the 'no pattern' for us also can be a pattern for someone else. Disclaimer This is not investment advice. Trading entry need more research and real-time confirmation. *Please do comment n follow me for more educational contents. *For more inquiry, shoot us a message at our profile. Thank you for supporting us! All the best Traders!!, Zalraki
BITSTAMP:BTCUSDShort
by ZalrakiAPT
BTC Giant bull trapTo me 3 things are obvious: 1. The latest BTC spike is abnormal. It occurred for no apparent reason and coincided with bitfinex maintenance. 2. The spike came at a time when bulls are losing steam and someone could argue that it looks like a BIG FLASHING NEON SIGN urging them to re-enter the race. 3. Nothing defies nature's laws, and what goes up will come down. Conclusion: "What you don't know, won't hurt you, it'll kill you. Like if they tell you you're going to shower but they turn out not to be showers." and since it seems that I do not know a lot about the recent events I decide to stay out of the market until things start to make any sense.
COINBASE:BTCUSDLong
by fpunx
11
This is only for education purpose of UCAD before NFP 07 Feb 20As described above, im doing this analysis just for education purpose, and taught on possible market trap movement before NFP. I believe there will be many retail traders not realize it and taught that this maybe selling time because of false price action movements. actually my analysis clearly saw that daily candle already break the trendline structure. so now we will see whats gonna happen in the upcoming NFP tonight!
by Garudaforex
BitcoinCash will crashBitcoin Cash (BCH) experienced a serious mining anomaly today. The network failed to produce a single block in a five-hour period and it didn’t even cause a significant transaction backlog. ***Bitcoin Cash usage is still lagging, show the latest blockchain event, where miners were unable to discover a block for hours. The Bitcoin Cash network returned to regular block production as of 8:00 UTC on Thursday, with a five-hour gap in block production. The event happened after block 620025, and the next block number, 620026, took more than five hours to discover and propagate.*** Are this opportunity for miners to change the game ? To share Mining power to some other networK? Jes it is, if this block lag continue the price will fall down 100% Short I starts form 395-385 Short II starts from 375-370 LASTCHANCE starts from 355-345 Target price is 300-290 **STOP IT IF PRICE BRAKE 400** This is not financial advice this is just idea
KRAKEN:BCHUSDShort
by parwe
15
EURGBP TRADE IDEASCANNER 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 (where price closes above the previous level of resistance). - Once price confirms resistance as a new support (floor), it is safe to enter. - Price doing this is a SHIFT in MOMENTUM.
by PriceTrapOfficial