BTCUSD Perpetual Contract
Updated

Bitcoin potencial idea for bear trap

188
Yea, I know TA is scam and everything is about liquidity, but we see on charts that market makers are painting, that's what we want to see. I think is possible that to be fake breakdown to stop out longs and trap shorts, but who knows, let's see.
Note
Yea, I know perfect bounces at support are only in books, but for that I am expecting some kind of wick before mark the bottom.
Note
Probably liq/stop out high leverage longs and trap more shorts.
Note
Invalidated.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.