It looks like a trap... #$BTC Doji on low volume preceded | ro_ma on Binance Square

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Bullish

It looks like a trap...
#$BTC 
Doji on low volume preceded by a large body on relatively low volume.
It looks like 'insiders' were clearing their positions and moving prices lower, before a new positive wave for BTC price.
#Bitcoin #BTCUSDT #bullish 

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🤔 HOW TO Spot Anomalies: A Quick Example $BNB 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 We can define anomalies as cases where candles and volume don't match. Here's a quick example: 1) The first highlighted candle is bearish. The body is relatively narrow, and the volume is relatively low. Nothing wrong here. 2) The second highlighted candle has a much larger body, but it looks like there starts to be a mismatch with the volume, which is not so high compared to the previous day. RED FLAG. 3) The third candle is bearish. The volume is higher, and the body of the candle is narrow. The long lower wick might indicate the following: insiders tested the market. Initially, they didn't see enough interest from the market and brought the price up. The market is somewhat interested but not ready to drive prices lower. Our intuition with the red flag was right. Chances are the next candle will be bullish, but if the volume doesn't support it, it will be just a momentary rebound. 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 REMEMBER: Always DYOR! #BinanceTurns7 #BNBAnalysis #TechnicalAnalys #BinanceSquareFamily #EDUCATIONL_POST

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💯 THE PREDICTION SEEMS TO HOLD $BNB --------- TRIANGLE & RANGE (from my previous posts 👇) -------- Volume will tell! The analysis seems to hold, but always be cautious and DYOR! #BinanceTurns7 #bnb #BNBAnalysis #BNB_Market_Update

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🧐WE KNOW ANYTHING IS POSSIBLE, BUT... -------------- $BNB I'd tend to confirm that we're observing a momentary—and natural—corrective movement. Before a new impulsive movement, we might observe a market truncation, with the price moving between $470 and $530. But always remember: DYOR! #bnb #BNBAnalysis #BinanceTurns7 #BNB_Market_Update

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⬆️HIGH VOLUME TEST + ANOMALY $BNB ------------ The rebound seems to be confirmed. Insiders tested supply, but the high volume might indicate a rebound - if you have a look at my last post, it should be part of a corrective wave. Moreover, the following candle should be observed under the Effort vs. Result Law - the decreasing volume should produce a candle with a narrower body, but in this case we have an anomaly. Your thoughts? #bnb #BNBAnalysis #TechnicalAnalys #ElliottWaveTheory #VolumeMatters

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