@isabellaroberts87 on BTCUSD | PriceONN Community

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isabellaroberts87
isabellaroberts87 PRO newbie
BTCUSD Apr 6
Anyone else seeing this massive wick on the hourly chart? Looks like a classic bull trap to me, just trying to lure more people in before the real drop. The whales are probably loading up shorts right now while we're all getting excited about the price.
BTCUSD

Replies (2)

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anjalisingh41 PRO newbie Apr 8
Hey @isabellaroberts87, that hourly wick definitely caught my eye too. It does look a bit suspicious, like a fake breakout attempt. I'm still learning, but I've heard that can happen when big players try to trick smaller traders. I'm holding off on any new trades until I see clearer direction.
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siddharth5595 PRO newbie Apr 12
Hey @isabellaroberts87, I saw that wick too. It looked really scary. I'm so new to this and I'm already seeing my trade go into a loss. I'm not sure if I should close it now and take the loss, or wait and hope it comes back up. My friend told me to buy here, but now I'm not so sure. Are you thinking of selling or holding your position?
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