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urus888
Jun 3, 2021 2:25 PM

BITCOIN breakout BULL TRAP? Short

Bitcoin / U.S. dollarBitstamp

Description

Resistance exactly at white line. This could be a bulltrap... Moving averages are moving together indicating that the buy cycle is probably over and it could dip soon below blue curve again...

However if it manages to break white resistance we could see price go to 42-43k... but probably it will bounce off there and go lower again.
Comments
PhatsatFuture
see you in 4hrs my friend!
urus888
@PhatsatFuture, Ok buddy.
urus888
PhatsatFuture
@urus888, you nailed it my friend! plus that dang Elon tweet. LOL keep posting ideas
urus888
@PhatsatFuture, Thanks, I wasn't sure what intention you had with the comment haha. I still have a lot to learn but I will try my best.
PhatsatFuture
@urus888, Oh sorry i was agreeing. I was saying see u when the 4 hour prints and confirms. I am following you so i can look at some more ideas. Thanks!
urus888
@PhatsatFuture, thanks for your follow it means a lot
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