An updated version of yesterday's chart with a new ascending triangle setup. The market funding are going down which is positive for a short while. So we can see a momentum upwards more possible now.
But still I idea of the bull trap is not invalidated yet. Trade with proper stop losses.
But still I idea of the bull trap is not invalidated yet. Trade with proper stop losses.
Comment:
We have moved up in the upward direction. There was good amount of BTC inflow into the exchanges so be cautious in your trading.