BITTREX:BTCUSDT   Bitcoin / Tether
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8
I'm not sure exactly how this is going to play out...so I'm being cautious and carefully watching momentum, V formations, S&R's, and divergence... I don't want to get caught in any bull trap!... News just came out stating "Btc/Usd in clear uptrend" thats a caution sign for me. Maybe I'm being overly cautious but this upward move seems a bit suspicious to me?

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I also think, that it looks suspicious. If we take a look at the 15 minutes chart between the recent 5800 - 6800 levels, we can see, that this 1000 USD increase was caused by only five big green candles... It shouldn't be called as an uptrend.
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Johndoughca BrainForce85
@BrainForce85,
Yep, I cashed in on part of the upward move, and then sold,.. hopefully I didn’t sell too early!!
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Johndoughca Johndoughca
@Johndoughca,
As for anyone who’s still in the trade, I hope it works out well... you never can say with 100% certainty.. I may be having to buy back in on a pullback if the trade ends up continuing...
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