E557

How you can take the bull trap

Short
BITFINEX:BTCUSD   Bitcoin
As you can easily see in the comparisons, we are only in the bottom when the MACD reaches the bottom.

So you can also conclude that by far the downtrend is not over - no matter who says what.

Afterwards a classic mega bull trap awaits us. We can then take it for the next few weeks until we finally arrive for the second part of the correction.

These are also the reasons why I have removed myself from the market for the first. With margin trading, I can achieve much more profits for the time and I am also safe because my money is not in any exchanges which can be hacked at any time, as asia shows or because of the rumors about Tether.

I wish good luck and will keep you up to date.
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.