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Bulltrap

Bull Trap BTC/USDT !???Is the price of BTC/USD going up? YES but, is it rising strongly? NO Possibly the price is going to give another bearish trend in the short - medium term since historically the last months after the post-halving year are bearish and more September. Besides, it is presenting a correction pattern and the correction patterns do not present strength. We'll see what happens at the end of the year It is also possibly going to see a recession in the remainder of the year and what falls the most are high-risk investments such as technology companies (Index: Nasdaq TVC:NDQ ) and also BTC INDEX:BTCUSD is a high-risk investment. Below I leave you an idea that I shared of the S&P 500 SP:SPX Here all the last months of the next year post-halving: MA and EMA 200 1 day:
Short
by Ed_Ale
SPY Trade Idea (BULL TRAP)Here Im using the trend based fib ext. SPY is currently at the June highs and the 1.618 Fib level. Seeing deviation with price making a higher high and the RSI making a lower low on the 4HR. (Bearish) In June fear turned to euphoria in an instant. Talks about the bear market being over started, just like it is now. Spy fell out of an ascending channel after initially getting rejected from the 1.618. (Bearish) In June it took about a week to finally sell off and bull market talks faded in the. background. I think we see a similar story in the next few days and weeks. If you're bullish i would be patient, things dont go up in a straight line. The RSI on the daily is at levels not seen since March. VIX is on a strong support which has generally marked local tops. If you notice there has been 3 times we previously touched this support and every time has been a sell signal. Same goes with the top resistance, every time we touched resistance it marked a local bottom in the stock market as you can see with the red and green arrows. In the coming weeks I am bearish on SPY and anticipate a retest of 390, a break below that and the next level is 380. However coming off one of the best months in a long time the medium to long term future looks bright for the stock market. We look to be forming a possible inverse head and shoulders pattern on higher time frames and if this is the case we should see strong support in the 380-390 range. (This is where Im swinging long if the market gives us these levels). I would also like to see VIX at resistance to further confirm the trade. I wouldn't be surprised if VIX broke out of this wedge, and give us the 40+ everyone has been calling for which if in fact we do reach those levels on VIX i think that would be the max opportunity to go long on the market. We will cross that bridge when/if we get there. Ill soon be posting ideas on individual stocks, let me know if you guys agree or disagree!
AMEX:SPY
by anamaly
Is the S&P 500 DOWNTREND OVER? The price is moving according to my last analysis on July 29th of the S&P 500 Futures. The market is taking a breath from last week, yesterday it closed more or less at that support area of $4100. We still have some important earnings incoming, I stick with my point that we can use the momentum to get to $4200 or even higher. However, in order to break this DOWNTREND, we need to get above $4500 and maintain. I'm not going to spend time talking about breaking the resistance of $4500 , as I see it extremely unlikely to happen. During the next few days, the market can decline till $3950 support , in order to get some volume and make new higher highs around $4200 . The economic environment is bearish for the stock market, unless the FED decides to decrease interest rates and start printing again, avoiding fighting inflation, destroying the currency as a result. The scenario that I think is going to happen is that we will continue the downtrend that started in the beginning of the year 2022. From my humble opinion, this was just one more rally in a bear market, maybe a bull trap that can last a few weeks more. I see the market between a range of $2800-$3500 till the end of the year, unless something big happens and reverses the downtrend. Honestly, I think they are just trying to keep the market up the longer they can, in order to sell their balance sheet at higher prices, starting from September. This thing can reverse in every moment, or it could continue to be bullish the next trading sessions. Better wait to trade to the downside till some clear reversal appears . Good luck with your investments. Earnings Releases to keep an eye on: - Marathon Petroleum (MPC), Occidental (OXY), BP (BP) - AMD (AMD) - Starbucks (SBUX) - Caterpillar (CAT) - PayPal (PYPL) - Gilead (GILD) - Airbnb (ABNB) - Marriott (MAR) - Uber (UBER) - Electronic Arts (EA) - Waste Connections (WCN) - Illinois Tool Works (ITW) - Cummins (CMI) - IDEXX (IDXX)
CME_MINI:ES1!Short
by GenadiYankov
8
01-AUG-2022 - Ethereum - Quo Vadis?#Ethereum is in very strange place now. Is it #bull #trap now, or bullish trend? There is: price level $1729 (red horizontal line), which was price support level at dumps in 2021 and in May-2022 downtrend line since Apr-2022 (red line), which leaded the price in downtrend so far Fibo price level 0.236 at price $1821 (range between ATH in 11-2021 and bottom 06-2022) Will this push the price down? If price crosses all above mentioned levels ... would #bessa be over? Similar #bulltrap in 2018 gave +130% since bottom. We had now +100% since bottom in June 2022.
INDEX:ETHUSDShort
by tgreg
Bitcoin uptrend or yet another Bull Trap on Bitcoin. IMOBitcoin has broken above a previous resistance line. Although we are not in the clear, my outlook is still bearish. I am still looking for the $9K bottom. Hopefully I am wrong and we have a picture perfect scenario happen. The sad fact is life doesn't always have a picture perfect ending. I wish it did for my sake. The charts show a nice sign of relief incoming. The market attempting to set higher highs and lower lows. That doesn't seem like a great sign but it is a sign that the bottom is getting closer to being found. We haven't found a clear bottom unless we conclude this cycle with $17,500 as that bottom. In which case I could be considered wrong. I wouldn't complain.
by Cryptocrash1
Bitcoin statusHI guyz If we take a look at the Bitcoin situation in the long-term timeline, we may see short-term bullish micro-waves. From my point of view, this will be a bull trap. I expect Bitcoin to drop further to the 16,000-15,000 range But not so soon. So I still believe in the fall of Bitcoin. In the short term, we can see a correction from the range of 21600 to 21400 upwards.This correction can push the price up to the 22800 range. But if there is no correction, the price can continue to fall up to the range of 21350 and perform its correction up to the range of 20700. In this case, the price will drop to 18,000 after the correction. myself expect an upward movement from 21700 to 22800 and I will enter a heavy selling position compared to the analysis of the above figure.
by aliasadii
UPDATE #4 BTC/USD bull trap continuation - whale liquidityThis is update # 4 of series to provide an outlook of the trap that took place. Whales are continuing to grab people on lower time frames and now we are at a critical area. If BTC breaks 21900. Whales have confirmed trend to the downside and going to be testing 20900. Good luck everyone this is not a drill. you are in very bad territory if you don't know what you are doing and don't have a plan of action. Drop a boost if you like the content. I see potential in the start of the next month but short term within end of this week and start of the next it looks ugly. Nothing I say is financial advice and/or should be taken as such. I am just a nobody and you should not take anything I say/write into any consideration, as I am dumb as a tack.
BITSTAMP:BTCUSDShort
by MonkeySunGod
6
BTC/USD continues down, clearly a bull trap - good luck fellasThis is a continuation of my last post, trap has been activated. (wicks play tricks) Drop a boost if you like the content. I see potential in the start of the next month but short term within end of this week and start of the next it looks ugly. Nothing I say is financial advice and/or should be taken as such. I am just a nobody and you should not take anything I say/write into any consideration, as I am dumb as a tack.
BITSTAMP:BTCUSDShort
by MonkeySunGod
BTC Bear Flag Forming on 1 & 4 Hour Chart - Target $17k to $12KWas trying to do a video of this to publish but am having issues with the TV recorder not uploading properly. Hopefully the Mods are ok with me posting this link of my analysis: www.screencast.com Basically I'm seeing an obvious Bear Flag pattern which has been building the past few days and best seen on a 1 Hour / 4 Hour chart. I'm expecting a push higher to the $24k area, and then a rejection there which will be followed with more selling pressure down to the lower support range, which ultimately breaks and heads lower to the 300 week Moving Average now around $17k where we should see some kind of relief rally and Bull Trap price action higher. However, with all the terrible economic news and an increasingly likely full basis point rate hike later this month of 1%, we'll see the markets head markedly lower with Bitcoin heading down to test it's 400 week Moving Average for the 1st time in it's history. I'm also thinking that we'll break below that and test the psychologically important $10k level, and a likely Market Maker induced price drop below that to either cause or as part of a final capitulation move to the last remaining unfilled CME gap around $9750 to really flush out all of the retail buyers, and even triggering more liquidations before we finally put in a bottom around here. Let me know your thoughts, comments, and feedback below! Trade smart. Not Often. - Brett
Short
by BrettFogle
13
HDFC BANK has retested, and showing BULLISH signs hey guys , just found a good stock to talk about , HDFC BANK was moving in a great downtrend . This stock was following a pattern called DESCENDING TRIANGLE 📐 PATTERN previously also , this stock has tried to cross his resistance and to break hi pattern, but it FAILED and it resulted to BULL TRAP for TRADERS but now this stock has again broke his resistance and pattern , and now I think that this stock will be successful in BREAKING HIS PATTERN , because there is no place left for this stock to continue his pattern , therefore , from my opinion you can bet on this stock and earn high returns , i have marked the RR RATIO , TARGET AND SL y'all can trade according to this RR RATIO ( IF U WANT TO ) otherwise, you can adjust it accordingly. BUT PLS CONSIDER THE GLOBAL MARKET SITUATIONS 1. INFLATION 2. WAR 3. RISING BANK RATES ( IMPORTANT FOR THIS STOCK ) 😀😀 HDFC BANK
NSE:HDFCBANKLong
by TRADERS_AREA
DOTUSDT short term biasKeeping in view the situation of the BTC and bearish cycle on macro-level, DOT is poised to fake out or fake impulse towards upside, which will trap the bulls and it will suddenly break down and take a dip. Rate hikes and inflation will have its effect on the BTC so as on the ALTS. Areas to keep in my mind for shorting are 8.4 and 7.6. I t might drop from the current price as well. More confirmation for short entries can only be taken on lower time frames if some one wants to take short positions.
Short
by daily_trades
2
DOUBLE LOWER TOP FORMING: CPI COMINGLooks just like Feb 2-10, just playing at lower price. CPI numbers next week can crush this hopium rally. ERs coming later likely to disappoint and guidance has hardly been rosy so far, can't expect much imo. Stupid happy fool rally not getting much higher imo, just another bottomfishing bull trap. Still waiting for capitulation and real panic, dip buyers not fully crushed yet. RSI back at rollover level. Time and price projections suggest a lower low in late July. Follow the TL. Fat Lady didn't sing yet...
TVC:SPXShort
by DaddySawbucks
35
Bitcoin is about to pump?#Bitcoin found support below $19k and begun ranging between $18.6k and $21.5k. The last is the most crucial level because a valid breakout results in a 32% pump to $28.270. Between those two S/R levels there are only two weak resistances; the first one at $27.5k and the second around $27.6k If this scenario is going to play out, I’m expecting a really quick pump. Warning: This is NOT a “go all in, bullish call”. It’s a waring to protect your (over)leveraged shorts from a bull trap. Be safe, market never forgives!
COINBASE:BTCUSDLong
by Rhaonnor
S&P redistribution patternHey all, I wanted to share with you guys what I think is happening right now in the stock market; by the looks of things, we're doing exactly what we did back then in the lead-up to the March rally and subsequent leg lower. My current belief is that we will nearly replicate said pattern ahead of making another leg lower in the stock market(many market-moving names are repeating as well); I expect that next week will have some choppy sideways action, but the subsequent weeks will be roaring higher. I warn you guys to avoid getting sucked in by FOMO at the top, even if we break through resistance at 416, as I firmly believe it is all a bull trap. Best of luck in your trading!
AMEX:SPY
by MichaelEugen1
1