BTC | I sensed a strange smell
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 .
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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