DERIBIT:BTCUSD.P   BTC Perpetual Futures Contract
Inverted Hammer on HTF, signals potential reversal - would prefer a longer wick but doesn't look bad - could be bait also but willing to take chances. If this plays out as a fakeout eventually leading to breakdown then I still hold my previous low to be true (34260 but double check on my previous chart). Reversal confirmed on reclaim of hammer high which is the pink line on chart. God speed and may the Hopium be with you.

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.