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UnknownUnicorn11125703
Jan 13, 2021 8:32 AM

Market funding rates is cooling down a bit Long

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

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.

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.
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