VietBlockChain

btc/usd pattern repeat?

Short
BITMEX:XBTUSD.P   Bitcoin
btc in the trading range 6500 - 7800.
look at the chart we can see the same pattern repeated 2 time.
The third time in progress.
Price will drop to number 4, then suddenly pump to 5 then drop, slowly grow to 7 then decline to 8.
Let wait and see
---
Always be careful with bull trap before drop. Sell trigger when price drop below support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.