Technical analysis by Andbcoin about Symbol BTC: Sell recommendation (10/20/2023)
https://sahmeto.com/message/506476

Andbcoin
Rank: 16435
Analytical Power:
1.4

This is a well-known bull trap that whales use to earn money. 1st phase: They pump price hard, a big candle appears and people FOMO in. 2nd phase: They sell with benefits and people FUD, making price crash. Down there, whales accumulate again before pumping price again. 3rd phase: The 1st phase is repeated, they sell again up there with benefits and let it crash again so people sell everything and repeat in some days/weeks/months. It's during the 3rd phase that some people don't sell thinking that it will keep pushing up but it doesn't, making them sell at a huge loss, crashing price even harder. This bull trap is the beginning of a big crash. Get ready. *Not financial advice.
Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$29,543.39