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Bulltrap

What will next airline earnings reveal?For the many who have bought up airline stocks, it might be time to take profits, or at least have stop losses in place. I see two signs that Delta's stock will move lower post-earnings 1) At the start of Oct. and Nov. price went over the resistance line and prompted weeks of selling. These were bull traps. 2) On the daily chart, RSI dipped below 33.33 and then reversed under 66.66. This should lead to RSI below 50 and lower prices.
NYSE:DALShort
by OptionsRising
10
Insane Bar pattern Found. HUGE 911 look asap BITCOIN emergency Watch what MM crypto says. "Technical target of 20k for breakdown of "H&S" www.youtube.com came out today as of 1/10/22 and what this guy says watch what he says about the h&s youtu.be Im seeing a pump/bulltrap to 47-52k according to this bars pattern. At this point I would take profits and stay safe in USDT if you are in profits. If you are in losses, even at 47k + then i would consider cutting losses. (NOT FINANCIAL ADVICE) You do you, I'm simply giving you a heads-up that has a huge chance of playing out. Don't forget, bitcoin for 2021 is in a rising pattern. Stay Safe.
BITSTAMP:BTCUSD
by UnknownUnicorn31536818
8
BTC (Bull Trap)BTC first rejection on fib 0.786 (47264.39) resistance. i would expect some retracement towards 45954.34 again to retest the support before another attempt to break resistance fib 0.786 (47264.39). The bullish price action started from 21 Dec till 27 Dec forming the HNS pattern with a double top. It's clearly a bull trap and bearish pattern. in order to not be tricked and to have a strong confirmation on trend reversal. BTC has to break above 52K key resistance. BTC 1H
by Cryptoblooming
Big dump is likely to come in the next few daysLow momentum.. Highest laverage since 2 years.. And investors are afraid going back.. So the best move for market creators and whales is to dump it and purge the market in order to move up again. ✅ Liquidate future traders ✅ Crash the market so investors will go back to take adventage of the dump. ✅ And of course whales will be the biggest winners.. Since they will decide where to sell and where to buy.. + Liquidating all long positions and entring the market from the lowest possible price. We may witness a bulltrap and a fake breakout but any other scénario but a big dump means that we are being leaded by a bunch of stupid non greedy whales 😅
Short
by sadekdz90
6
GBPJPY: BULL TRAPThe pair recently broke above its long-term resistance line (see below). But in doing so, it traced out a small double top pattern. That’s very bearish and implies the breakout is basically a bull trap -- all the bulls who chased this breakout are likely to be severely punished when the price suddenly goes the other way. On H4 price is forming a rounding bottom, a bullish pattern, which suggest we will see a short lived bullish move up to the neckline of a Double Top before the price move (much) lower again. This is a very ominous looking double top which will ultimately lead to lower prices overtime. And that’s why I am very bearish with GBPJPY right now. I would look to sell any rallies going forward.
Short
by Dragon_Ball
8
MY 2 TOP BEARISH PAIRS: 1.) EURJPY I always like looking at higher time frame charts because they let me see the whole forest, as only like this I can get a better understanding of where the price is likely to go. And most importantly I like(want) to take a big piece out of major moves as they happen - my overall strategy objective when trading the markets. As we can see on Monthly Chart, the price broke above its long-term resistance line and formed a small double top pattern. This behaviour is very bearish and indicated the breakout is basically a bull trap (all the bulls who chased this breakout are likely to be severely punished when the price suddenly goes the other way). We can see Double Top even better on the Weekly chart where the price has already broke the neckline. However the price has since moved back above the neckiline and it could stay above for a little longer. Nevertheless, due to its Double Top Pattern the price will ultimately move (much) lower overtime. I will be looking for Sell positions on lower time frame.
Short
by Dragon_Ball
BTCUSD LIQUIDATED (CHART UPDATE)LOST IT ALL FOR GOOD NOW GOT LIQUIDATED OF MY LAST CAPITAL😌 IF this helps you out pls consider a donation Im sorry I just don't know what to do at this point. Put the last of it into DENT 0.0058 entry got liquidated at 0.0043 bottomed out at 0.00395 on futures. Didnt anticipate BTC dropping below 46K and now I've got no capital and dont know what to tell my mum. BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC ) ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC) USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20) bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441 I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
BITSTAMP:BTCUSD
by RektMyMom
9
BTC/USD ABC Correction in PlayLikely BTC/USD ABC correction in play. Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid. Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce. Zooming out to the weekly we see fractal patterns resembling a bear flag with further downside in play. Volume candles on the recent capitulation dump prove notable but not convincing. The recent break below the orange trend line shows a potential bull trap fake out last week followed by a Friday night massacre on the markets. Useful is a comparison the the ETH/USD and ETH/BTC charts when compared with ETH.D dominance which recently peaked at 22%.
Short
by Shadowfigure
Today 22/11 Bitcoin has fallen to target 56500 as myold analysis Bitcoin has fallen to target 56500 as my old analysis. Let's wait and see if the old accumulation areas of bitcoin will continue to buy again. Up to this point my analysis timebit tool has not detected the buying force of the market. Expect the 52k support area to react with the retracement wave. Forecasts by candlesticks, trendlines, and fibo, at this time cannot have convincing data analysis for investment activities. I keep a close eye on my on-chain movements and metrics to keep you guys updated
Short
by NhatHoang_DataAnalysis
19
Are the Corporate Buybacks Pushing The Bulls into a Trap?I stuck the market trading today in what was me best day since I started Trading. NQ Futures I timed the liquidation break this morning and finished trading before 10. Covered morning short into SPY 1DTE calls for 100% scalp. All planned by 6am. My primary indicator was that corporate buyback blackout periods are drawing to an end. Early AM high call volume of unusual options activity in Apple and Amazon confirmed my hunch. Friday Looking forward ahead of tomorrow. I opened a small QQQ short position on a hunch. 1. UVXY gained into close along with QQQ and SPY 2. Both AMZN and AAPL reaching the top of a 1yr regression trend (charts below) 3. Every so often a Friday has been a selloff instead of a vix crush. You can see the dates and vix level at the bottom. Very similar VIX level and momentum into tomorrow. To the contrary, this is a perfect setup to jump higher on EV rush and Big Tech going into Christmas. My guess is Joe and Xi worked something out on CPU shortage. 4 hr RSI/MSI still has a way to go before oversold. I will be looking to sell my puts in AM if QQQ makes a move higher. Not Financial Advice. Just a 007 Trading Journal.
AMEX:SPYShort
by SPYvsGME
1
Bitcoin needs Deeper correction to continue upwards!Hello Everyone, I believe bitcoin is experiencing PRice Action Exhaustion and needs deeper correction for a larger upward swing. I've included most of the explanation within the chart but most upward moves have strong bullish PA then followed by Exhaustive PA which then leads to a larger drop/correction. 53-55k would also allow your alts to correct and breathe a bit more for another explosive move to the upside. There was also what looked like an Inverted Head and Shoulders which failed to close at 63.7k. This is a huge determinant with exhaustive swing patterns. As always, Be patient, use risk management, and good luck trading!
COINBASE:BTCUSDLong
by RomanXIV
4
BTC mid-termDuring the last month we have seen a bullish rally on BTC and by consecuence in all crypto market. However this rally doesnt feel right; there hasnt been almost any corrections. In order to make a new ATH in BTC we need to see a correction minimun until the .38 Fibonacci level (42k - 43k). In my opinion I think this is a bull trap, just like the previous years, we are very close to the 0.61 Fibonacci level (using the 64.5k to 30k) this is around 51k-52k. By Mid September we may see this correction or even the beginning of the crash. Another point is that the DXY just make a perfect W pattern, at this time its making the retest, in the few days it may start pumping till the .38 Fibonacci level (94USD) and everything traded agains the USD will crash. Besides the Delta variant is already here, we may return to April 2020 And also the problems in the middle east, may affect the USD. There are a lot of things that we need to consider when making an analysis for the Mid-Long term.
by Ylesc4s
Gala small pull back It is not a financial advice am not a professional I don't take responsibility for your loss Just for educational purposes....... Here we are back on Gala........ Congratulation to those who bought the dip .................. This is your host k9100............................ back at your service He fellas What's Up don't panic guys it is liquidity trap exchanges and big players taking stop loss they are getting all the liquidity and weak hands please guys be patient Exchanges shaking off leverage traders take any coin if you think I am talking rubbish, you will find the same pattern they are showing their influence in crypto space Noting new to say soon we will see huge squeeze to up always buy in spot be a holder don't claim to be one you are not if you can't handle your risk be a holder buy red sell green a lot of time I told people's to set their stop loss we're 90% don't expect who knows about your stop loss its exchanges and big player they also know about support and resistance level do what others are not doing to earn money it is easy to lose money than to earn, have a nice day guys sleep and enjoy the day and hold and for newbies buy the dip or wait for conform brake out to .08 level Hit like and comment, support the work it will keep me motivating to do more ......................................k9100 out ............................................................................................................................................................................ Har Har Mahadev
Short
by k902
NU what a day It is not a financial advice am not a professional I don't take responsibility for your loss Just for educational purposes....... Here we are back on NU........ Congratulation to those who bought the dip .................. This is your host k9100............................ back at your service He fellas What's Up don't panic guys it is liquidity trap exchanges and big players taking stop loss they are getting all the liquidity and weak hands please guys be patient Exchanges shaking off leverage traders take any coin if you think I am talking rubbish, you will find the same pattern they are showing their influence in crypto space noting new to say soon we will see huge squeeze to up always buy in spot be a holder don't claim to be one you are not if you can't handle your risk be a holder buy red sell green a lot of time i tell peoples to set their stop loss we're 90% don't expect who know about your stop loss it exchanges and big player they also know about support and resistance level do what others are not doing to earn money it is easy to lose money than to earn, have a nice day guys sleep and enjoy the day and hold and for newbies buy the dip or wait for conform brake out to 1.08 level Hit like and comment, support the work it will keep me motivating to do more ......................................k9100 out ............................................................................................................................................................................ Har Har Mahadev
NShort
by k902
4