Let's pay attention to this movement. We could be in a bull trap right now, what means that we may be in a b wave. Once
BTCUSD
hits the psychological support/resistance of 7k that have been proved to be a very good decision point, I'll wait for a 1a wave and then short it with something around 5k as target.
PS: I'm still neutral, but I think this scenario has a big probability to happen.
BTCUSD
hits the psychological support/resistance of 7k that have been proved to be a very good decision point, I'll wait for a 1a wave and then short it with something around 5k as target. PS: I'm still neutral, but I think this scenario has a big probability to happen.
Trade closed: stop reached