BTC ready for is a Trap
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Hello Birdies,
EPIC SHORT ALIGNING!!!
A exciting week this was. But stay cautious this is a bull trap in progress.
As you all know we trade what we see RIGHT!
So here is what we are seeing on our weekly chart.
- The falling wedge going to work as a bull trap.
- There is a huge trendline which was broke down and converted into resistance
- The trendline starts in Jan 2021
- Converted to resistance in Jun 2022
- Retested as resistance in Aug 2022
- Its going to test it again somewhere in Feb 2023
- Work as a trap and boom
Don't beat the line after snake is gone. Trade what you seeVia TradingView Ideas https://ift.tt/hgsGJOQ
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