Someone Ask Is BTC Bullish?! Or Bull Trap?!!

Updated
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If you are following our BTC analyses this an update will be a more eloquent illustration of what you are aware of.
If you are a new follower
Read this.
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At this analysis, we will talk about 4 points.

Psychological preparation
Thinking whales
Manipulation of the chart
Technical Analysis
Do you have a plan?

===============
Psychological preparation
Before doing anything or any step in our life
We must be ready for it
Psychologically and physically
So is the case with the chart, the stock market and the speculators
All that is going on in the form of movements accompanied by the psychological impact coming from the environment surrounding us, whether real news or rumours.
Sometimes these effects disappear to give a true character to what is happening.

As now
Nothing just buying and selling from speculators is no Big news coming
as was going on a few weeks and months ago
So We are in the final stage to accept the order psychologically and then start implementation
Speculators are puzzled
The situation and things are mysterious
Whatever happens, everyone will accept it.

Before going into the details of the analysis
I would like to remind you of what we mentioned earlier when BTC were at the top

"he analysis doesn`t pass on TA only, but the basis is psychoanalysis Most economists studied psychology, they know the instincts of traders and analysts.

At first, they were own a lot of the coins then make it grow

then make it grow more, They made her the focus of attention, all people hear about it, some of them was there before they start, and some joined at mid of the way, and some came too late.

Now
a lot of people in panic and cry
most of the people have hope and they praying
few people were ready and have Ammo

Whales "bankers"

they came to steal your money, they earned their profits from the rise and now they are ready for earned a lot of profit from your panic.

They have made great news, a focus of attention and a distraction for people, and they make most of the people say $ 100 k And made many analysts confused about trend
they play well and psychology makes them win every time.

They know Human instincts have greed, hope, and closed mind this makes him easy prey to hunting. "
Continue reading from here...
goo.gl/nP3wCM

I hope you know
Why we mention that they came to steal us,
snapshot
Organization and all these things just names to justify what is happening.

================
Now we will talk about Thinking whales

If you are a whale, will you allow to small fish to participate in your food?
of course not
That's the nature of it
Here
Whales first
Then the little ones come to eat leftover food "profit"
Then the people who fell victim to greed come to suffer
Whales are in own hands, move the things we talked about previously
They have influence in the media
They spend millions to prepare the market for what they want to happen
Sometimes things get in the way of their own interests or for the benefit of the young, but at the end
The whale eats first is the one who prepared everything how it will allow you to share it
That leads us to the important point
Manipulation of the Chart
Set the traps
Puzzling
As now the majority of the market looks destined to levels below $ 5,000 and less
Most of the people have short positions
Many talks about the current movement as just another trap
Yes, that's their right
Last month, a lot of things happened to make us very cautious in buying or taking long-term positions
but as we already explain whales is first then us
When we are sure something is often the opposite happens
That is their job
Note
Now the analysis time
As the last update
we say Close monthly under $9250/9450 wait for $4450 and lower
and now BTC give us real Bounce
we already have
Oversold at daily weekly Frame
snapshot
Bounce from the upward trend
snapshot
Bounce From 50 SMA
snapshot
i know many bullish people know these things or better than it.
But The real thing
we move under downtrend and as you know indicators not mean thing to us
snapshot
But If you ask this rebounded real or fake
there is your answer
yes this real one
we already expected that, but There was no time to publish
snapshot
why real?! we are very close to new monthly cycle
snapshot
But we need more than that things also
we need
$7600/8300 at th end of this week then we can start talking about $9400/10700 mid of the month
Then $11600/13100 next 5 May
every step confirm next step and make people sure about buy and bullish market
so are you have a plan?
we already have one by using 25 % of capital to play with alts scalping etc
and every bullish movement will add more
if we get the down leg we already have 75 % as free fiat
if you ask me about my vote
Bullish Or bearish
we will say, let`s see what the chart say. then from movement, we get the confirm
for now 48% bullish /53% bearish
another edge to market alts already at the bottom btc also suffer the market cap It dropped alarmingly
people start to lose hope
so another leg many will runaway of the market and sound be like more
scam no more
If you like this
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Note
previous analyses
IS BTC Start calm?!

IS BTC  Start calm?!


BTC Open Gates
BTC Open Gates


BTC above first buy point The first Gate

BTC above first buy point The first Gate


BTC And holding the breath

BTC And holding the breath

BTC Set Your Buy Limits

BTC Set Your Buy Limits

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Note
follow updated at this main analysis
We ask Allah reconcile and repay

BTC And holding the breath
Note
Weekly Close was at $7025 we like $7200 more but this good close
we still have open trade from $6800 with an achieved target and we still use 25 % only at market and keep 75% at fiat if you take a fast look you will see 2 scenarios at the chart
Bullish and Berish One
we will start with Bullish one
BTC weekly Close is good
Oversold at almost oscillators
Possible double bottom duple bottom
bounce at 0.88 fibo wave count from $5920 To $11720
big players entered The market as fud to justify the movement
Bounce from 50 SMA weekly and left
"Indecisive Candles"
snapshot
S1 at pivot
snapshot
what about bearish
but short all of this we still movement under downtrend
so btc and bulls to confirm all these signs we need to see $ 7200 and looks done $ 7600 /8600 and wait for neckline at $9450
at end of the week, $8600/$9450 will be fair
Fail to do this
look at bearish scenario at this snap shoot
snapshot
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Someone Ask Is BTC Bullish?! Or Bull Trap?!!

about Indecisive Candles

Indecisive candles are candles that have large wicks and small bodies. As the price moved up the buyers were in control, but they could not maintain control of the price action, and the sellers were able to push the price down. As the price fell the sellers couldn’t maintain control either and the buyers were able to push the price back up.
Source: refundfx.com
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GannTrend Analysis

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