​Market Structure: Bull Trap vs Bear Trap 🧠📊
​In crypto trading, fakeouts are common. Every trader needs to understand these two traps to protect their capital:
​🟱 Bull Trap: Occurs when price breaks above a key resistance level, giving a fake breakout signal. Buyers jump in, but price sharply reverses downward, trapping the bulls!
​🔮 Bear Trap: Occurs when price drops below a key support level, signaling a fake breakdown. Sellers exit or short, but price quickly rebounds upward, trapping the bears!
​Which trap do you fall for the most? 👇
#BinancSquare #EarningsSeason
$BTC
Bull Trap 🟱
56%
Bear Trap 🔮
29%
I avoid both 😎
15%
34 Votes ‱ Vote fermĂ©