What is a bear trap in crypto and how to not get caught?

CoinCasso

Contributor
Bear traps -> coincasso.com/blockchain-academy/what-is-a-bear-trap-meaning-in-crypto/
are the technical patterns common in bullish markets.

They happen in cryptocurrencies, forex, stocks, and futures markets, and are just one of the parts of the market cycle.

Just like bull traps -> coincasso.com/blockchain-academy/what-is-a-bull-trap-meaning-in-crypto/
bear traps can be dangerous for investors and traders who failed to recognize the fake price reversal signal. Let’s have a closer look at what exactly a bear trap is.
Bear traps are the short downtrends among the positive market sentiment. In other words, when the uptrend is dominating crypto, a brief price drop would shape a bear trap.


Read last article on our Medium
medium.com/@coincasso/what-is-a-bear-trap-in-crypto-and-how-to-not-get-caught-cd370687847c
 
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