BTC Re-Attached to LT Trendline - with Bull Trap IN PROCESS
BTC Re-Attached to LT Trendline - with Bull Trap IN PROCESS
Sell Targets are close 16,500
and Huge seller volume last hour
This wee Followed By...
Wait for it...
Wait for it...
a
Bear Trap Bellow around 13,900
My Guess
The rise happend too quick on low volume
Trianlges have Bull Traps on Top
and Bear Traps on bottom after major move consolidations
like last week
My take
Sell Targets are close 16,500
and Huge seller volume last hour
This wee Followed By...
Wait for it...
Wait for it...
a
Bear Trap Bellow around 13,900
My Guess
The rise happend too quick on low volume
Trianlges have Bull Traps on Top
and Bear Traps on bottom after major move consolidations
like last week
My take
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.