ATCG

BTC / USD Bear trap?

Long
BITFINEX:BTCUSD   Bitcoin
Can be wrong but to me it looks a bit more like a bear trap on daily. However at least it is a scalp.
If you did not bought at trend line (green) wait for conformation (W).


Do not like tight stops for crypto but right now imo better.
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.