We saw a quick bounce of around 300 USD, which was without any significant volume. This is the thing we should keep in mind that RSI is also not able to cross the previous level so there is much of the possibility that it was a bull trap. tight your stop losses. There is much of the possibility that it will go down again.
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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.