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Technical analysis by Andbcoin about Symbol BTC: Sell recommendation (10/20/2023)

https://sahmeto.com/message/506476
Andbcoin
Andbcoin
Rank: 16170
1.5
Sell،Technical،Andbcoin

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
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$29,543.39
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