BTC/USDT Bulltrap in the making? Watch fib levels closely!
Hi Guys
As you can see on the chart we might have a nice bullish move to the 11K area. My guess is that we might still retrace back to the 6k or maybe even lower. BTC is known for double bottoms and if history repeats itself (which always does) there is a possibility. So watch out for that bull trap. My gut feeling says different but this is TA and theres no room for gut feelings or fud :). If any of you think my waves are wrong please tell me. Im just getting into the principle and I would love some feedback.
Thanks for following.
TA über alles.
As you can see on the chart we might have a nice bullish move to the 11K area. My guess is that we might still retrace back to the 6k or maybe even lower. BTC is known for double bottoms and if history repeats itself (which always does) there is a possibility. So watch out for that bull trap. My gut feeling says different but this is TA and theres no room for gut feelings or fud :). If any of you think my waves are wrong please tell me. Im just getting into the principle and I would love some feedback.
Thanks for following.
TA über alles.