BTC - The market did a nice trap today...
Hello all,
Today, it was a day very active for the trading of the Bitcoin but it was also a very dangerous day :
The BTC staid during some hours on the support line, trying to break it. After some hours, it finally broke it and made a drop of 150$ but it was a trap... We call that kind of trap a "Head Fake"and the goal is to ruin the people who made the bet on the drop. It can even happen sometimes with this kind of triangle that after a "Head Fake", we go break the opposite line.
So yeah my followers, this is the good occasion to realize that trading is something very hard and that everydays you need to review your strategy.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] BTC - Le marché nous a fait un beau piège aujourd'hui...
I read so many of these 'stock analysis' charts or whatever you call them. That I actually learn something about investing here.
So I'll take it that the green line is the lowest possible of the current trend. And the fact that BTC broke it beans that this is dangerous because this would mean that BTC starts to follow a different path then expected.
hi
I love those setups, was also just above a pivot if i recall.
Crazy that we can drop $700 and it's nothing!
Here is my projection of whats going to happen AND NOT WHAT HAPPENED ..
what good is telling you what happened when some got wiped out $$$$
i use the Elliot wave system for my analysis ,
the picture is hidden some livein the past with their analysis
and i live in the future , and try to predict what will happen ,
CRYPTO JUST COPIED MY CHART ..NOTICE THE SIMILARITIES
PLAGERISM!!!
feel free to see my BTC chart that was removed because of downvote
If you was reading my publications instead of each time doing publicity about your skills and your own blog, you would know I say also what will happen. But sometimes it is good also to sit down and analyse what happened to understand what is going happen...
i was referencing the other comment about stock analysis
have a good day.
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