mycotoxin

BTC - Very suspicious movement and could be a Bulltrap

mycotoxin Telah dikemas kini   
BITSTAMP:BTCUSD   Bitcoin
This sudden move up looks like a Bull-trap to me and I''m expecting price at the minimum to return to the 18K area
Komen:
Id call it suspicious because if the wyckoff labeling is applied then my thought is BTC is still in phase B .
If BTC is still in phase B then a lower low in phase B , labelled as msow ( minor sign of weakness) will require an additional test.
Which means the market makers will have to move price back to the 18K area at the minimum for another test.
Komen:
Hence my thought is that any moves up are going to be Bull-traps until the test move down has been completed by the market makers.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.