4h and 60 min charts are in a down trend. Supply zone is fresh and is inside of the 4 hour TrendCloud. Keeps hitting the supply zone on the 1 hour TrendCloud but we are cycling up on the 4 hr and we need to respect the corrective move and that higher timeframe. Therefore I am setting up the supply zone that has a 4 hr TrendCloud within it.
BINANCE:BTCUSDT BINANCE:BTCUSDT.P BYBIT:BTCUSDT.P COINBASE:BTCUSD COINBASE:BTCUSDT OKX:BTCUSDT BTC may going to break the resistance but it will be a bull trap IMO. on long term scenario fibonacci circle and retracement both show deeper correction (somewhere near $23.3K to $22.5K). The only thing here is a long term support before correction zone....
A potential double combination scenario with double zz - X - triangle ABCDE with a false head & shoulders breakout D wave - could retraced as high as 0.786 fibonanci of previous wave and possible E-wave coming for liquidity zone. A safer long entry @ wave D breakout after liquidity targeting at the next liquidity zone +110%. Good Luck
Wave Analysis with price action and chart pattern trading >A potential bulltrap scenario with fake bb line breakout with d wave of expanding triangle in major wave III. > wave d - targeting at price rejection zone 1.0 - 1.272 fibonanci extension of wave a > wave e - tp1 small wave a of e correction pattern possible target 1 at 0.618 retracement of wave d @ ma50w...
Traders, Be careful with this recent bullishness here. I am still expecting Bitcoin to retest our C&H neckline at HKEX:25 ,200. None of this recent price action has convinced me else wise. Stew
to everyone being bullish just because it's FULL MOON know that NOT every full moon = rally sometimes, full moon is bull trap and then new moon nukes ur ass Solar eclipse (new moon) is April 20 I'm not here to scare people and ruin the fun I'm just cautious and sharing my ideas we are in full moon right now, and tmr mercury retrograde if next week we pump, I'd...
Bitcoin did breakout above the trend line for the rising channel. However a bearish cross to the MACD is incoming and the Stochastic is oversold as well. Bitcoin needs to break above the 30k level and hold in order to flip the script of this long term down trend. If bitcoin is rejected, I can see support at 25K, 21K and then down to 15K. Should we lose 15K, expect...
TSLA opening above $198.5 should go up towards $204 gap fill possibly $206 retracement ... resistance @ $$199.5-200.5 then $204 (2 sigma weekly Move) If Fed is Dovish today with a 25bp hike this will help to push bullish narrative Fed with 25bps and Hawkish rhetoric can stop the bull run. Below $194, we could see Tesla go for Gap fill below and settle...
Here we can see a possible cup and handle formation on bitcoin. There is decent volume now but all I see is a bull trap. Be cautious as bitcoin is rising in price, some other coins are not following suit.
After an aggressive sell-off, price has started to lure in buyers. This can be seen on the daily time frame with the recent buy inducement candles. Buyers being lured in means liquidity below the established low. I believe will price will flow to this low with the help of the news today. I am really not sure where the sell with take place so for now it's...
Markets bounced strong today... but will Tsla join or be the one to take the hit so the other stocks can run? TSLA had a Rough Day I'll Keep this simple.. Here are my thoughts on Distribution Schematic: 114% Bull Run in 1 Month - Mainly Short-Squeeze Move We could see one more move up in a Wyckoff fashion - this will burn the $200 call options along with all the...
We could possibly see BTC movement upwards of 5%* towards the green resistance. (BULL TRAP) With a movement back down to 18k support level. Remember to take profit along the way, and more importantly set your STOP LOSSES Good luck!
This area of mixed support and resistance goes back to November 2022. This is my first area of resistance. Next area tops at 4053. Based on the moves from yesterday and today, the top would most likely occur today. Monday is no longer needed to move higher.
VIP Day for TSLA *DUMP & PUMP or PUMP & DUMP... Manipulation is Strong at these levels This Consolidation will end soon leading to continuation break-out or distribution Bullish Target $221.5 + Close above $224 will show Buyer Commitment Bearish Target: Close below $197 *POC My Patterns & Targets are on Chart Detailed Insight from: 2/28 TESLA is currently one...
TESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. Strong Move today on Lower Volume. I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff Distribution" I can see Possible Bullish Continuation through Wednesday. Technicals/Indicators/Patterns: $200 Daily MA & 0.382 Fib are psychological...
🛑 If the worst happens, we have a bull trap on this diagonal resistance. For now everything is normal, if it doesn't break the previous week's low.
Bitcoin blasted thru all bunch of major resistance then sells off like crazy.... Bull Trap!!? Bitcoin needs to hold the yellow trend line, at least. Not surprised to see Bitcoin doing this here. Upon all seriousness the markets are still uncertain due to the Macro economic environment. I think the reason for the BTC upside is the fact that a lot of Shorts...
Hello Birdies, EPIC SHORT ALIGNING!!! A exciting week this was. But stay cautious this is a bull trap in progress. As you all know we trade what we see RIGHT! So here is what we are seeing on our weekly chart. The falling wedge going to work as a bull trap. There is a huge trendline which was broke down and converted into resistance The trendline...