BTCUSDT Analysis Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ Aug 22, 2021 9:04 PM

Is this a trap for buyers?
Let's check together.

The pattern you see, which I have copied from the 4 hour time and put on the daily time, is weakening the strength of the uptrend.
Then it enters an bullish channel and after the failure of the channel, it is done very bearish

Avoid any emotional shopping please