BTCUSD. Trap for Bulls and Bears

BTCUSD. Trap for Bulls and Bears

In the previous post about #BTC I mentioned that:

the most recent Trap was made for Bears, not for Bulls

After that publication, I got questions about the difference between the traps for Bulls and bears. Let me clarify my thought.

Trap for Bulls:

  • Buyers watching for entering Longs,
  • Price forms small up-move,
  • indicators give buying signal
  • Buyers enter longs
  • Price quickly reverses down and makes bulls cry while their losses become growing.

On the cluster chart you can find Green Clusters as Positive delta indicates execution of Buy-Market-Price orders

During formation of Trap for Bulls, also triggering of Stop-Losses takes place (SLKT). They also produce green clusters as Buy-Stop orders execution also increase a positive Delta.

Example of Trap for bulls (and SLKT) you can find in point 1.

The opposite is valid for Trap for Bears

  • Sellers watching for entering Shorts,
  • Price forms small down-move,
  • indicators give Sell signal
  • Sellers jump into Short positions
  • Price quickly reverses Up and makes Sellers cry while their losses become growing.

On the cluster chart, you can find Red Clusters as Negative delta indicates execution of Sell-Market-Price orders (new short positions)

During formation of Trap for Bears, also triggering of Stop-Losses of Buyers takes place (SLKB). They also produce Red clusters as Sell-Stop orders execution also increases a Negative Delta.

Example of Trap for Bears (and SLKB) you can find in points 2.

Note point 3. This is a potential SLKB under 7100. Watch for Demand-Bar on faster TF in order to join the Bullish Team in short-term perspective.

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