BTC/USDT Possible breakdown of the trendline

1 thg 10, 2022

Price did a bull trap to then approach to the ascending trendline, bull traps allows institutions to liquidate shorts so they can sell bigger positions and trap bulls by buying on the breakout so they can sell. Seems like bulls are weak at this point. I will open short on the confirmation when we see a breakout.

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1 thg 10, 2022

Giao dịch được đóng thủ công

Closed at breakeven, false breakdown