Market funding rates is cooling down a bit
Updated
An updated version of yesterday's chart with a new ascending triangle setup. The market funding are going down which is positive for a short while. So we can see a momentum upwards more possible now.
But still I idea of the bull trap is not invalidated yet. Trade with proper stop losses.
But still I idea of the bull trap is not invalidated yet. Trade with proper stop losses.
Note
We have moved up in the upward direction. There was good amount of BTC inflow into the exchanges so be cautious in your trading.
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