Hello..
i can see that BTC is forming another bulltrap which will happen tomorrow!
And my short position will be at $4100.
As you can see, the high of the triangle matches PERFECTLY with the last lower high from 8th january!
i can see that BTC is forming another bulltrap which will happen tomorrow!
And my short position will be at $4100.
As you can see, the high of the triangle matches PERFECTLY with the last lower high from 8th january!
Note
Another reason why i think we will see a huge pump to at least $2500-$2800 is the NVT indicator on the bottom of the Chart.
Green means, market is oversold
Red means, market is overbought
I trust this indicator and as you can see, this indicator did always show us the perfect opportunity when to start buying BTC and when to sell them.
Note
I mean DUMP not pump!Trade closed: target reached
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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.