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Topic: TRAP or TREND? - page 2. (Read 445 times)

legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
April 25, 2018, 11:54:11 AM
#24
In all honesty it looks more a trap to me. Basing from the previous weeks the market looks real suppressed or you may even say manipulated at times, but now it's freely rising up breaking walls one after another, IDK but it does look fishy to me.
hero member
Activity: 1666
Merit: 502
April 25, 2018, 11:49:17 AM
#23
I think it's up trend then about the red market this time in my opinion it's only correction because of sudden suddenly high enough today, that's just my opinion, maybe if tomorrow's market is still red it means this is a bull trap.
sr. member
Activity: 588
Merit: 257
April 25, 2018, 11:05:01 AM
#22
this current drop that started an hour ago from the peak of this bull run is a trap, a bear trap to be exact. it is more like the last shakeout of the 3 digit space before we go above it and beyond $10k into the 5 digits territory.

Yeah I would like to think in the same way and currently something similar is on my mind too. I mean I do think that it has got to do with he MEW hacks and ETH dumping caused the panic surge through rest of the coin holders too.

But it could be merely a coincidence where the down trend started and yes surely this is just the bear market the same way we experienced in between the last two weeks only the difference is this one is far far intense than the others.

Anyway BTC is already up by couple of 100 USD since the dump.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
April 25, 2018, 10:05:18 AM
#21
this current drop that started an hour ago from the peak of this bull run is a trap, a bear trap to be exact. it is more like the last shakeout of the 3 digit space before we go above it and beyond $10k into the 5 digits territory.
member
Activity: 505
Merit: 35
April 25, 2018, 08:40:26 AM
#20
This is big trap bullish or uptrend for bull team. What do you thinking now?

In my opinion this will depends on the trading experience of person involve.  If the person knows how to interpret the TA tools, bullish trend will be their guide. But if newbie will interpret the trend most likely it will become trap. The bullish trend has reached already the resistance line and during this period the probability of reversal is very high. Trader should be careful in order not to fall in this trap.
full member
Activity: 406
Merit: 100
Market Integration Platform
April 25, 2018, 08:23:20 AM
#19
In my opinion, this is not a trap but in bull run there are always lots of corrections so this is a correction but weak hands will sell.
hero member
Activity: 1610
Merit: 507
April 25, 2018, 06:58:18 AM
#18
every people will have their opinion in this situations and for me, it's not a trap but this is just a little correction before the price can increase higher and this is a good time for me if I want to buy more amount. it seems, many altcoins getting down too early because I still see a good chance for each of coin to get increase and even to reaches higher. so I think you need to be patient for a while and just watching the price is at the market and if you think you can buy now, then do it and don't wait too long before the price bounces up and you are missing a good time to buy.
sr. member
Activity: 1680
Merit: 259
April 25, 2018, 02:28:48 AM
#17
This is big trap bullish or uptrend for bull team. What do you thinking now?

Trap??? ...... I don't get it, just see trend. We say trap is just because the price will go to another direction, fast and never go back again on long time. For this situation, big speculate take all place with their fund. Don't take about trap, but use stop loss and take profit as your protection is better, 
hero member
Activity: 2856
Merit: 667
April 25, 2018, 02:21:00 AM
#16
I think it's a serious movement now, it's not a trap anymore because the volume have been consistently growing.
Now, we are already in the $400B marketcap, slowly we will reach to 500 and people will be more aggressive in buying then because of FOMO.
hero member
Activity: 1302
Merit: 540
April 25, 2018, 01:02:58 AM
#15
This is big trap bullish or uptrend for bull team. What do you thinking now?

Honestly, there is no way of telling and if someone says they know what it is then they are lying.  For all we know this could be another bull trap because crypto still has had massive gains over the course of the past two years so another crash is not out of the question.  However, this could also be a recovery because the sentiment seems to be good and prices are rising very fast.
I agree, its hard to predict whether it is only a trap or a real bull run already, the rise up are seemingly approaching though its still far from the value
before the last year's peak, very important to do now is just to keep monitoring and learn how to handle every situations for your advantage, if you can
buy more coins and keep it till new height being reach then you will be assure that profits is much better.
member
Activity: 233
Merit: 10
April 25, 2018, 12:22:07 AM
#14
I think that this is a trap, volumes have not increased significantly. The lower limit to which bitcoin  can drop is 4000 $, I believe, and  there will be a break in the trend.
member
Activity: 210
Merit: 15
April 25, 2018, 12:04:16 AM
#13
This is big trap bullish or uptrend for bull team. What do you thinking now?
Trap or not nobody really cant tell what prices would be for the upcoming days. All i know is that opportunities such as this comes only once in a while so i think it is the best time to buy coins since market is pretty much good at the moment.
sr. member
Activity: 1400
Merit: 269
April 24, 2018, 11:50:31 PM
#12
This is not a trap this seem to be a routine from the bulls every year in the first quarter the price goes down then in the second quarter it goes bullish and reach new all time heights you can base that in the past price charts if you need some proof. And make the choice whether to invest or not.
hero member
Activity: 1274
Merit: 516
April 24, 2018, 11:48:54 PM
#11
The green market has been appear for one week, so I think its a trend almost all coin ia going up, and of course when it's always green there will be correction and always be careful withh the market dont be greedy and got trapped in the peak price like the one that happened in December, and now its the time to used the opportunity to make money
legendary
Activity: 1946
Merit: 1137
April 24, 2018, 11:47:02 PM
#10
bitcoin is rising and it has entered a new bull market and that is a fairly certain assumption so far based on the evidence that we have. if price breaks $10k and stays above it at least one day then it becomes more sure that this is not going to stop.

for the altcoins that are getting pumped and dumped still many of them have traps because their bubbles are not done yet. it may continue for a while but they can not be sustained.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
April 24, 2018, 11:43:45 PM
#9
This is big trap bullish or uptrend for bull team. What do you thinking now?
I think this is a big trap created by whales to help them earn a lot of prey. When bad events happen, whales begin to take action, prompting the market to evaporate quickly, investors begin to panic and sell everything they own to minimize losses.
legendary
Activity: 2576
Merit: 1655
April 24, 2018, 11:33:22 PM
#8
This is big trap bullish or uptrend for bull team. What do you thinking now?

Hey, we have been in this bullish trend of more than a week now, so I don't know how you can say that it is still a bull trap. I'm sure that you are fairly new, because bull trap as far as my experience in crypto occurs after a bounce in about 2-3 days, but this bull run seems to be legit and it has just started. Just watch when it broke $10K barrier, the bulls will run as fast as they can and we don't know where will it end.

This is big trap bullish or uptrend for bull team. What do you thinking now?
I'm thinking like you. I still do not understand why the market went up strongly without Fomo.
This is really a big trap of the sharks. It is luring us by stimulating our greed by increasing the price of the altcoins.
Be very careful now, I feel this is not safe. Bitcoin Cash has suddenly dropped more than 8% from yesterday. This may be evidence of the trap being set.

I can't say that about BCH though, maybe you are right, BCH as another altcoins or pump-and-dump has a lot of risk involved. Get out and put your funds on bitcoin. Don't be trap inside and lose in return, exit early while you can. Just saying.
member
Activity: 350
Merit: 10
April 24, 2018, 10:30:36 PM
#7
This is big trap bullish or uptrend for bull team. What do you thinking now?
I'm thinking like you. I still do not understand why the market went up strongly without Fomo.
This is really a big trap of the sharks. It is luring us by stimulating our greed by increasing the price of the altcoins.
Be very careful now, I feel this is not safe. Bitcoin Cash has suddenly dropped more than 8% from yesterday. This may be evidence of the trap being set.
hero member
Activity: 742
Merit: 500
April 24, 2018, 10:27:01 PM
#6
This is big trap bullish or uptrend for bull team. What do you thinking now?

Honestly, there is no way of telling and if someone says they know what it is then they are lying.  For all we know this could be another bull trap because crypto still has had massive gains over the course of the past two years so another crash is not out of the question.  However, this could also be a recovery because the sentiment seems to be good and prices are rising very fast.
full member
Activity: 546
Merit: 100
April 24, 2018, 09:51:02 PM
#5
If it would had been a bull trap than we wouldn't had been increasing for so many days now. And almost all the coins are up by at least 50%. This much growth doesn't happens in a bull trap. But of course the crypto markets are unpredictable and always ready to surprise us with something we weren't expecting.
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