after btc moving uptrend 3 day ago , its looking like a huge bull trap and it will fall to 17200 and after that 16100 use the momentum to make big short strategy right on time btc have no reason to get upper than 19500 resistance and it wont even get close to that. dont get in trap good luck and subscribe
@aconcept, everythings got changed from beginning of 12dec and that super bull attack
Cryptestan
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I think the exact contrary would happen! all indicators aside, according to the very fundamental principle of supply and demand, the maximum BTC outflow from all the exchanges happened at the price 18200 which is by far the strongest support. check my next post!
Good luck!
zipporapper
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I agree with you.
A) the run up on the weekends on Dec 12 to kill all the SL of those bears who have shorted
B) gain more traction for more "un-smart money" to buy and push the prices higher. Certainly a bull trap.
C) every weekend some un-smart money will buy. The institutional buy ins/sell weekdays.
D) let the market works it out during this week
daniyaldaraei
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@zipporapper, i agree with you
check my next anlyze
Mr_Bear_Trader_HiddenPro
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very nice Short_position analysis
Mr_Bear_Trader_HiddenPro
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the tears are in my eyes And I’m waiting ... 😂😭😂😭😂😭😭😂😭