BTC Bulltrap

By Gweil0
Updated
BTC passed the upper 58k resistance and into an 8HR bulltrap stuffed by a 1W old trendline from the last dump. Completing my idea that BTC would retrace and possibly break lower support. Red Doji
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People are asking what stopped the pump in the TV chat. I believe this is what caused it. Still waiting on possibly breaking lower support.
Trade closed: target reached
BTC rejected at diagonal.
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Confirmed the other part of my idea, that it would reject and break lower support.
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This chart kinda called the last top before this massive downtown.
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Gweil0

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