A bull trap is when a steadily declining asset appears to reverse in a convincing rally but soon resumes its downward trend to even lower pricing. https://t.co/R8dK0mfpWQ
Yesterday, #BTC broke above the Weekly Higher Low on the Daily timeframe
Naturally, today $BTC is in the process of attempting to turn this HL into support
Support tests of this Higher Low aren't always clean but generally BTC needs this retest to move higher
#Crypto#Bitcoin
$BTC / $USD - Update
We got the sweep down i was expecting and this filled up my long orders, so now i wait and see how we progress into the evening
As long as we remain above the $35,200 region i am bullish
This is an example of a plan and how you should always stick to it
Funny. No one called me unethical while covering BTC almost daily for the last 3+ years. But ADA?
I’m a dude documenting my crypto journey. BTC & Cardano are the 2 coins I like the most.
You people that judge my character or anyone else’s need to check yourself. It’s pathetic.
Many don't realize that you can sell during uncertainty & simply buy back if proven wrong.
We talk about diamond hands vs. paper hands instead of simply trading the chart.
If $ETH goes to red box, I sell more. If it flips the red box back to support, I buy back.
Info on chart.