Cryptocurrency News

What is a bear trap in trading and how to avoid it?

06/19/2022

Less than a minute

2022.06.19 19:56

What is a bear trap in trading and how to avoid it?

In most cases, identifying a bear trap requires the use of trading indicators and technical analysis tools such as RSI, Fibonacci levels, and volume indicators, and they are likely to confirm whether the trend reversal after a period of consistent upward price movement is genuine or merely meant to invite shorts.

06/19/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 96,572.87 1.55%

Ethereum (ETH) $ 2,772.68 5.53%

XRP (XRP) $ 2.58 1.58%

Tether (USDT) $ 1.00 0.07%

BNB (BNB) $ 668.64 4.05%

Solana (SOL) $ 172.91 2.96%

USDC (USDC) $ 1.00 0.01%

Dogecoin (DOGE) $ 0.246576 4.21%

Cardano (ADA) $ 0.77709 3.13%

Lido Staked Ether (STETH) $ 2,762.01 5.52%

TRON (TRX) $ 0.237055 0.16%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 96,410.83 1.67%

Wrapped stETH (WSTETH) $ 3,318.15 5.59%

Chainlink (LINK) $ 17.82 3.54%

Avalanche (AVAX) $ 25.85 7.94%

Sui (SUI) $ 3.41 4.97%

Stellar (XLM) $ 0.335582 4.25%

Litecoin (LTC) $ 126.36 0.18%

Shiba Inu (SHIB) $ 0.000016 5.22%

the-open-network

Toncoin (TON) $ 3.70 4.55%

hedera-hashgraph

Hedera (HBAR) $ 0.217608 5.43%

LEO Token (LEO) $ 9.73 0.01%

Hyperliquid (HYPE) $ 25.00 1.31%

USDS (USDS) $ 1.00 0.19%

Polkadot (DOT) $ 5.07 1.14%

WETH (WETH) $ 2,774.80 5.57%

MANTRA (OM) $ 7.60 0.74%

Bitcoin Cash (BCH) $ 322.02 3.50%

Bitget Token (BGB) $ 4.95 5.84%

Ethena USDe (USDE) $ 0.999848 0.23%

Wrapped eETH (WEETH) $ 2,941.26 5.35%

Uniswap (UNI) $ 9.00 4.14%

Monero (XMR) $ 234.42 2.43%

NEAR Protocol (NEAR) $ 3.48 7.85%

Pepe (PEPE) $ 0.00001 6.32%

WhiteBIT Coin (WBT) $ 27.46 0.85%

Aave (AAVE) $ 248.17 3.51%

Ondo (ONDO) $ 1.17 5.08%

Bittensor (TAO) $ 431.97 0.53%

Aptos (APT) $ 6.07 1.45%

internet-computer

Internet Computer (ICP) $ 7.20 4.91%

Dai (DAI) $ 1.00 0.04%

Official Trump (TRUMP) $ 16.43 4.11%

Ethereum Classic (ETC) $ 20.50 2.81%

tokenize-xchange

Tokenize Xchange (TKX) $ 37.87 0.58%

Mantle (MNT) $ 0.897855 0.99%

OKB (OKB) $ 49.44 1.75%

gatechain-token

Gate (GT) $ 23.36 3.09%

sUSDS (SUSDS) $ 1.04 0.14%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 96,671.90 1.83%