Bitcoin / TetherUpdated BTC..Bull trap? I think so.
Will work on this some more but yet again I see one good buying hour and only weak buying after that.
Also the wicks on each side of the candles indicate at least a short term trend change.
Which way will we go?
I have linked my idea for why I am bearish.
TLDR:
Weak buying hours.
Market psychology: denial phase
Overall trend since ATH: lower highs and lower lows.
Also the wicks on each side of the candles indicate at least a short term trend change.
Which way will we go?
I have linked my idea for why I am bearish.
TLDR:
Weak buying hours.
Market psychology: denial phase
Overall trend since ATH: lower highs and lower lows.
Note
Looks like this one played out well
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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.