Bitcoin / TetherUSShort
Bitcoin Bull Trap False Break Out
Hi traders,
I think we are just in a bull trap. BTC made a false break out of the downtrend channel. I will wait until a confirmation of a new entry. This new entry might be arround $46.000. At least should bounce from that level. If it break it down, next key level should be arround $42.000 - $40.000.
Safe trade.
I think we are just in a bull trap. BTC made a false break out of the downtrend channel. I will wait until a confirmation of a new entry. This new entry might be arround $46.000. At least should bounce from that level. If it break it down, next key level should be arround $42.000 - $40.000.
Safe trade.
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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.