Bitcoin / TetherUS
Long
Updated

Bear Trap

271
Ready to be wrong again, I believe this was a bear trap set up by the MMs, which will give BTC the momentum to break past 69.2k.
Note
In Wycoff, this would be a great spring to cross past the downtrend resistance.
Trade closed manually
Not confident. Looks like a weekend breakdown

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.