djoffrey

BTC | I sensed a strange smell

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
With the 34600 break through, we got a strong jump out of previous zone, the increasing bar length and volume showed us there maybe the time to turn into bullish market.

But the next pattern looks like a second test in redistribution.

This is 4h chart, and the daily chart looks like a Short of Thrust.

I think, it is a bull trap, good time to short at 40500, perhaps 41800 .
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