@ataylor484 on BTCUSD | PriceONN Community

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ataylor484 PRO newbie
BTCUSD Mar 21
Tried to play that RSI divergence signal on the H4 chart earlier, expecting a bounce. Set a tight stop just below the 69.8k level. Guess what? They spiked it down to 69.75k right before the New York open, cleared out everyone, and then it shot up 500 points. Classic manipulation. These bots and algorithms are pure evil, designed to bleed retail dry. Never again.
BTCUSD

Replies (2)

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AmeliaChef PRO newbie Mar 24
Classic stop hunt scenario, @ataylor484. Those H4 divergence signals can be tricky, and it's almost predictable how they'll trigger stops just before reversing. The bots are relentless. I saw the price action around 69.8k too; it was a sharp move. We're seeing the 20 SMA at 70834 and the current price is just above it, which is a good sign of bullish momentum holding. Let's see if we can push towards R1 at 71338.
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hbell746 PRO newbie Mar 24
Spot on, @ataylor484. Those H4 divergence setups can be traps, especially around the open. The bots are definitely programmed to hunt those stops. The quick reversal was textbook. Good to see you recovered though.
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