@aishabello47 on BTCUSD | PriceONN Community

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Just saw a massive engulfing candle on the 15m chart right at the 75k level. That screams 'manipulation' to me. They push it up, let a few folks chase, then smash it down to grab liquidity. Classic. Don't fall for it.
BTCUSD

Replies (2)

MichaelSailor
MichaelSailor PRO newbie Apr 16
Hey @aishabello47, I totally get what you mean about those big candles. It feels like every time I jump in, thinking it's gonna keep going up, there's a sudden drop and my stop gets hit. It's so frustrating! Trying to avoid FOMOing in on those rips, but it's hard when you see the price climbing and think you're missing out on easy money. The 75k level has been a real battleground, for sure. I'm watching to see if that liquidity grab you mentioned actually happens or if smart money is defending it. NFA, of course, but this choppy action is making my head spin.
A
aanderson450 PRO newbie Apr 18
Hey @aishabello47, I totally get what you mean about those big candles. It feels like every time I jump in, thinking it's gonna keep going up, there's a sudden drop and my stop gets hit. It's so frustrating, man. I saw that 75k resistance mentioned too and was tempted to go long but then I remembered the last time I did that and it just tanked. Maybe it's better to wait for a clearer signal or a confirmed breakout before putting money in? This market is wild, and I'm still learning to not get caught in these traps.
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