A bear trap is on the border between a bear and a bull market. If it is really just a trap, then after a false breakout through support there should be a pullback and a subsequent run to the heights without any chance of buying on suitable positions. However, if it is not a bear trap, then it will only be a confirmation of the beginning of a bear market.
If it's still a bull market, what phase are we in? Of course, President Trump has complicated all this, as he is taking political and economic steps to stabilize the American economy. For example, the tariffs that he uses as a tool to achieve his goals faster. In other words, in trading terms, leverage. With those tariffs, he turned on the x100 lever and achieved...
BTC - a more detailed view (white arrow) shows the possibility of filling the triangle, which, through its apex, will drop down to approximately $90,000 - $90,300 to collect liquidity and gain strength for further growth. In this way, it will gather liquidity from both above and below and can then once again attack the $100,000 threshold and try to go even higher....
Bittensor is currently respecting a long-established trendline and has reached a support zone. The intersection of the support zone and the trendline could create a strong impulse for a rebound upward. Since TAO is one of the key representatives of AI, I assume this rebound could trigger an AI coin season, with others following its upward trend.
1. Blue arrow - assumes the selection of the nearest liquidity both above and below (approximately 20% movement). Subsequently, gradual growth towards ATH could follow if we break through the long-forming triangle. 2. Purple arrow - liquidity selection above the current price level, around the trendline, followed by a decline to the lower trendline. In the case of...