Bitcoin / TetherUSShort
Closer Look At The Bull Trap In The Making
Zaktualizowano
Let's look at the overbought area and the bull trap in the making. With "the talk" is now over, price started struggling to cross above the old weekly lows and got rejected twice as a sign of weakness. Coincidentally few days before "the talk", JP Morgan unleashed their customers from buying GBTC crypto funds. Is this the demand we were waiting for? In other words, are these the people being trapped right now?
Probably yes.
I'm expecting a short term weak uptrend followed by a down move below 30k.
Best!
Probably yes.
I'm expecting a short term weak uptrend followed by a down move below 30k.
Best!
Uwaga
January close at 33138.71 looks like an important level for a 1 to 4 candle correction perspective on the monthly chart. If we close this month above this level, we can have a green bar in August which i believe would be a short term reaction. I expect this bull trap to be over before the monthly close and close below this level.Uwaga
Weekly perspective for the pump 
Uwaga
Too good to be true 
Uwaga
Point of No Return 
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.