ביטקוין
שורט

BTC/USD - STRONG BULLTRAP FRACTAL SIGNAL | WEAK VOLUME / FAKEOUT

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Bitcoin Is Showing Many Similarities Compared To Behaviour In Late 2018:
  • Price consolidation for over 70 Days
  • RSI consolidation for over 70 Days
  • Weak/Low volume pump up for a few days
  • Followed by a deep crash by over 50%


Bitcoin Here In Mid-2020 Is Showing Very Similar Behaviour:
  • Price consolidation for over 70 Days
  • RSI consolidation for over 70 Days
  • Weak/Low volume pump up for a few days


If this fractal were too playout, a deep crash is expected very soon, confirming the play-out of a bull-trap.
Price has yet to make a higher-high, ~$10,500, and this may be another weak, unsuccessful attempt at doing so.

[I]Late 2018:[/I]
תמונת-בזק

Mid 2020:[/I]
תמונת-בזק

VERDICT: Based on the vast array of similarities of the current price behaviour compared to late 2018's behaviour, I believe the recent price pump is a bull-trap and I expect a deep crash very soon.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.