"Rising Wedge Breakdown: A Bull Trap in Play"

٢ يناير

The rising wedge on the chart suggests the price will likely drop, and it's expected to fall to the gap and the moving average (MA). This is because gaps often get "filled," and the moving average below the wedge acts as a magnet, pulling the price down and providing a potential support level. Since the gap and MA are close together, it’s a logical area for the price to target after the wedge breakdown.

Now, will we see a drop? The answer is yes, because USDT.D has signaled a pump-and-dump scenario, which currently reads as a bull run trap. How low the price will go is still uncertain, but this analysis gives you an idea of where the process might lead. It’s important to watch these levels and assess the market's reaction once the price reaches them.

٢ يناير

ملاحظة

There are specific price levels where Bitcoin is expected to devalue, but there’s no cause for concern. As Bitcoin rises, any subsequent declines are becoming less severe. In the meantime, I’ve integrated a trading strategy into my candles. Why? Because the bull trap, which is still in play despite significant delays, requires a more precise approach.

This strategy now aligns with bull and bear traps by providing a “wait” signal, helping me avoid calling them out prematurely. I’ll share more details about the delay soon.

٢ يناير

ملاحظة

At this moment, the key price I’m targeting is a short position at $95,796. Once it fills, I’ll reassess.

٣ يناير

ملاحظة

Alright, so if my signal says USDT.D is supposed to spike but instead it fails and goes negative, here’s what that means:

A spike in USDT.D usually signals that people are moving their money into Tether for safety, like during a market downturn. But if the spike doesn’t happen and it goes negative instead, it means traders are actually pulling money out of Tether and putting it back into cryptocurrencies.

This shift shows that the market might be more bullish or optimistic than my signal predicted. People aren’t looking for safety—they’re taking on risk, buying Bitcoin, Ethereum, or other coins.

It also means the market behavior is different from what my signal anticipated, so I’d probably need to reassess the conditions it’s based on. A signal like that failing could mean there’s unexpected strength in the market that wasn’t accounted for.


We’ll need more time to see how this unfolds. A correction is definitely due, but here’s the kicker—it’s likely to be only a minor one.

Last short position still stands.

٣ يناير

أغلقت الصفقة: تم الوصول للهدف

Price reached to $96,018 and short position was $95,796.