Apple will show us the wayEarnings coming out this week for Apple and i anticipate to see whether my prediction holds true. Indices have been manipulated to go up with FAANGT' and now we see that the first one to go down was Netflix. All the rest are reporting earnings this week and the next so i would expect indices to get their well deserved correction with the help of the big guys. Then it's time for the shorts to get burned again... stay tuned.
Bulltrap
Is BTC turning around? Is 43k a good level? Be careful.This turnaround (probably temporary) is a good sign. It's actually a move up off the 4 hour cup and handle so great but be careful. It could be a bull trap. We need to see BTC go over the 44100 (or 44085 depending on how you draw charts, ) to confirm the breakout of the most recent downturn. I'm hopeful but cautious.
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.
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.
Bulltrap avoided with CRO?Intermediate timeframe RSI indicators rose above 50, this may be a bullish signal, let's see how long this will last.
Check RSIs in different timeframes to investigate this.
No financial advice.
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
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 😅
BTC Still Waiting For That Last Leg Up Nothing really new to say here. Just to remind everyone that a bull trap for BTC is still very likely on the horizon. For all that to happen it would be nice if we could hold 49.5k are first otherwise we could still get into further ranging.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BINANCE:BTCUSDT
Bitcoin Week 51 Close on 12-19Weekly close going into Monday 12/20 is going to be really interesting.
Do not expect support line to hold... likelihood is break to downside.
Next support @ $42.5k... likely bounce off of $42.2k with a wick touching $41k.
A lot of support around $41k... that is going to be an interesting bull vs. bear level!
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.
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.
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.😥
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%.
Bitcoin bull market at key make or break point todayIf in the next 24 hours the daily candle closes and daily 21 EMA stays crossed below the 55 daily EMA, this has signaled a bull trap and serious down move in the past.
Bitcoin bounced at the daily 128MA support band today as well as weekly 21 EMA and 20 MA. It needs to hold these levels.
LEGEND:
Green line is daily 21 EMA
Blue line is daily 55 EMA
Purple line is daily 128 MA
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