BITCOIN BULL TRAP?! IS BTC HUNTING US?
NOT AN INVESTMENT ADVICE!
Right now bitcoin brokeout the (kinda)major trend and we may say the bear is over.
However this might be a bull trap too. As you can clearly see there is a wycoff accumualiton pattern going on.
My main idea is; if you still have open orders you may close it or may not it depends on you.
We generally see when bitcoin goes horizontal the dominance relaxes. That means ; You can trade some alts cuz when dominance relax, some alts pump. You can follow the alts in 1hour or 15mins.
SO,i think the danger is still on board. Be careful people.
If the wyckoff pattern goes like this, i belive we gonna rise to the moon.
Happy Trading people.
Right now bitcoin brokeout the (kinda)major trend and we may say the bear is over.
However this might be a bull trap too. As you can clearly see there is a wycoff accumualiton pattern going on.
My main idea is; if you still have open orders you may close it or may not it depends on you.
We generally see when bitcoin goes horizontal the dominance relaxes. That means ; You can trade some alts cuz when dominance relax, some alts pump. You can follow the alts in 1hour or 15mins.
SO,i think the danger is still on board. Be careful people.
If the wyckoff pattern goes like this, i belive we gonna rise to the moon.
Happy Trading people.
Trade closed: target reached:
As you can see wycoff patter spring fase is done.
IF we gonna speak for this chart and this patter we may go up.
However i dont think we will.(i hope we will i opened some spot positions lol)
IF we go down last price will be 32500-30000
IF we gonna speak for this chart and this patter we may go up.
However i dont think we will.(i hope we will i opened some spot positions lol)
IF we go down last price will be 32500-30000