Can Ethereum Classic’s [ETC] breakout trigger a rally or is it a bull trap

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Global stock market indices have been in a f...

The Fed Trap – Trustnodes

The value of every asset is falling, including the value of the dollar which is being eaten up by inflation. So are investors trapped, with no escape, as even the value of fixed assets like bitcoin fa...

With Polkadot [DOT] suffering a bull trap on the charts, here’s all you need to know

As the rest of the cryptocurrency market traded flat during trading hours on 10 June, Polkadot (DOT) saw some growth in its price. The DOT token registered an intraday high of 5% during trading hours....

Cardano price fake-out? ADA’s 45% rebound in two days could trap bulls

Cardano (ADA) price climbed from $0.48 on May 30 to as high as $0.68 on May 31—a 45% rally in less than 48 hours. But ADA/USD failed to extend its rally further upward and dropped by almost 13.75% fro...

Bitcoin Rests Tentatively Above $31,000, Bull Rally Or Trap?

The price of bitcoin has been doing significantly well compare to where it was about a week ago. It has now recovered above a highly coveted point, returning some faith back into the market. However, ...

This May Just be a Huge Bull Trap Set Up by the Bears, Bitcoin(BTC) Price Could Still be in their Captivity!

In the past couple of days, Bitcoin and the broader crypto markets have showcased a significant recovery. In spite of an 8% upswing, the asset appears to be surrounded by the bearish cartel which may ...

Algorand [ALGO] testing local lows: A breakdown on the way or a bear trap

Almost three weeks have passed since ALGO set a new 2022 low at $0.34 on 12 May, courtesy of the crash after UST’s collapse. ALGO experienced a notable bounce-back since then, but it has since then gi...

Ethereum Classic [ETC] rises upward, but could it be a bull trap

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On 12 May, Bitcoin sunk to $26.7k, and Ethereum Classic touched th...

Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next?

Ethereum’s native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token’s next selloff move could turn into a ...

What Happened to LUNA & Terra? A Death Spiral, an Offering Trap, and a Mathematical Drawback » NullTX

1. What happened to Terra? Terra, the most famous algorithm stable coin project in the cryptocurrency market, experienced a disastrous downside during the past week, which also caused a crash in the w...

Bitcoin (BTC) Tanks Under $29,000 After A Classic Bull Trap, Still More Pain Left?

After crashing severely in early May and throughout April 2022, Bitcoin (BTC) did show some hope to investors last week by consolidating around $30,000 levels. However, on Wednesday, May 18, the Bitco...

Bull Trap May Drag DOT Price To $7.3 Mark

The ongoing correction plunged the Polkadot(DOT) price to the $7.35 mark, tagging along the descending trendline. Furthermore, a reversion from this support with a morning star candle prompts an occas...

Stock Market Bottom Or Bull Trap? The Wyckoff Method Reveals Insights

Last week S&P 500, Dow Jones, Nasdaq and Russell 2000 all broke below the major support and dropped sharply into an oversold condition. This sharp move was anticipated just right before it happene...

LUNA Price Analysis: Opportunity to Buy Cheap or A Bull Trap?

After nearing the absolute zero, the LUNA prices bounce back on what can be called an atomic scale. This is because the recovery hardly brings any consolation to the LUNA investors. But is it time for...

LUNA Price Jumps 1500%, Time To Buy Or Another Trap?

The Terra (LUNA) token and its stablecoin UST crashed down to the ground in a historic dump. Almost every big crypto trading exchange in the world delisted both the tokens from their platforms. LUNA l...

Bear Trap triggers a 30% upswing in ALGO price

Struggling to settle the trend volatility near the $0.66 support zone, the (Algorand)ALGO prices gain bullish influence as the overall crypto market is recovering positively after a sharp fall. But sh...

Top Crypto Trader Warns of an Unfolding Bitcoin (BTC) Bull Trap, Predicts Ethereum (ETH) Will Drop Over 50%

A popular crypto trader is giving a gloomy forecast for Bitcoin (BTC) and Ethereum (ETH) as the two largest crypto assets by market cap plunge deeper into the red territory. Pseudonymous crypto analys...

Crypto Scammers Using Deepfakes To Trap Victims: NortonLifeLock

Nowadays, Deepfakes and crypto scams are top in the line of swindles. According to Norton Labs, over $29 million in BTC was stolen in 2021, and the frequency of these frauds will increase in 2022 as t...

Bitcoin price hits 10-week lows as $40K spike becomes ‘nasty bull trap’

Bitcoin (BTC) hit its lowest level in over two months later on May 5 as Wall Street trading saw volatility return with a bang. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView DXY celebrates...

Bear Trap Triggers Recovery Opportunity In ZIL

Zilliqa’s (ZIL) price witnessed a roller-coaster ride in the past two months, starting from a perpendicular rally near the March-end and then a striking dip in April. Furthermore, the ongoing correcti...

Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap

Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “All assets suffe...

Annaly stock price forecast: Is this a value trap?

The Annaly (NYSE: NLY) stock price has crashed hard in the past few days. The stock has retreated to a low of $6.53, which is about 25% below the highest level in June 2021. It is close to its lowest ...

Is the Xerox stock price too cheap or is it a value trap?

The Xerox (NYSE: XRX) stock price continued its bearish trend this week after the firm published mixed results and guidance. The shares crashed to a low of $16.15, which was the lowest level since Nov...

DeFi token AAVE eyes 40% rally in May but ‘bull trap’ risks remain

A sharp rebound move witnessed in the Aave (AAVE) market in the last three days has raised its potential to rise further in May, a technical indicator suggests. AAVE price rebounds from key support Du...

Bitcoin Price is About to Move a Big Win In Coming Weeks, But Caution Traders, It May Be A Bull Trap

The crypto space since the beginning of April’s trade is showcasing very less volatility, exhibiting the possibility of erupting with huge numbers. The popular tokens are gaining strength as the globa...

Is the Ocado share price too cheap or is it a value trap?

Ocado (LON: OCDO) share price sell-off continued on Wednesday as investors reacted to the relatively weak Tesco earnings. The stock dropped to a low of 112p, which is close to its lowest level this ye...

Will The Upcoming Bitcoin Rally Be a Bull Trap ? This is What Traders Can Expect – Coinpedia – Fintech & Cryptocurreny News Media

Bitcoin was trading at its long-term support level during the prior day’s session, while the crypto markets continued to fall. This week, the price of bitcoin has dropped even further after a brief di...

Next Bitcoin (BTC) Rally Will Likely Be a Trap, According to Crypto Strategist – Here’s Why

A closely followed crypto strategist is warning Bitcoin bulls that BTC will likely trap market participants who buy the next rally.  In a new strategy session, the pseudonymous trader known as Cheds t...

Bull Trap Threatens 20% Correction In LUNA

The Terra(LUNA) price reverted from the $120 mark with four consecutive red candles. The minor retracement pierced the $100 psychological support, registering a 21.5% loss. This freefall triggered a f...

Mortgage rate trap is making the housing market worse

One big factor that helped numerous homeowners save money is ultimately hurting homebuyers. Call it the interest rate trap. Years of historically low rates, especially in the last two years, have help...

Litecoin Price Prediction: Is This Recovery Or Bear Trap?

Over the past two weeks, the (Litecoin)LTC buyers struggled to sustain above the breached resistance trendline of the channel pattern. However, despite the combined support from 20-and-50-day EMA, the...

AAVE’s breakout – Is it legit or a bull trap in the making

Aave, the fifth-largest DeFi protocol according to DefiLlama with a TVL of over $14.02 billion, seems like it is beginning to gather steam. In fact, just yesterday, it jumped by nearly 33% on the back...