allogi
Bot vs Human | False Reversal
The market can be ruthless: first, it shows a confident reversal, drawing the crowd into positions, and then wipes everyone out in just a couple of candles.
A real market situation: a sharp BTC rebound from $89,000 to $94,000, where thousands of traders decided “the reversal has begun.”
But a few hours later, the market fell back below the level and set a new local low.
What did the trader do?
The trader saw a sharp upward impulse and a breakout of local resistance. After that, they entered a long at $94,200. An hour later, the market dropped back below the level,
The market can be ruthless: first, it shows a confident reversal, drawing the crowd into positions, and then wipes everyone out in just a couple of candles.
A real market situation: a sharp BTC rebound from $89,000 to $94,000, where thousands of traders decided “the reversal has begun.”
But a few hours later, the market fell back below the level and set a new local low.
What did the trader do?
The trader saw a sharp upward impulse and a breakout of local resistance. After that, they entered a long at $94,200. An hour later, the market dropped back below the level,
BTC1.78%
