RighteousTA

The Bears Have Me

Short
RighteousTA Updated   
COINBASE:BTCUSD   Bitcoin
First daily candle to break the trend. Keep an eye out for where this one closes, It will be interesting to see what happens here. We could wick pretty hard around 12%. or just capitulate. This could be a bear trap but it's just too good of a trade setup to not open shorts with the physiological resistance of 40k right overhead.
Trade closed: stop reached:
Yesterday's candle close was impressive and turned out to be a bear trap on the 4H . time-frame and the 1D if you're looking at the wick. I'm going to link a new idea here soon.

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