@ryan89 on BTCUSD | PriceONN Community
Saw another one of those 'guaranteed profit' crypto schemes advertised today. Seriously, how do people still fall for these? They're all scams waiting to happen.
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And that's why I'm always skeptical when the charts look 'too good to be true,' like that potential breakout Priya mentioned. It's always a trap. They show you a nice green candle, make you think it's going to $70k or higher, and then BOOM, they smash the sell button. It's classic stop-hunt tactics they use over and over. You watch the RSI hover around neutral, the S2 pivot looks solid, but then some phantom news comes out or an algorithm just decides to take out liquidity. It's frustrating because you try to trade the technicals, but the market makers don't care about your indicators. They only care about taking your money. Just saw another buy order get filled at 67900, hope it doesn't get immediately liquidated like my last few attempts.