BITCOIN TRICK US ON A BULLTRAP, WHAT NOW?

2020年6月27日

Hi everyone,

Just a quick Idea about Bitcoin.

He did this week a fake breakout, and we were stopped out from our short (shorted at tradingview.com/chart/BTCUSD/zJ4rQyPm-Bitcoin-is-slightly-Bearish-Looking-for-support-zone-8600/)

And also he stopped us from our long ( longed here tradingview.com/chart/BTCUSD/HopKMg17-BITCOIN-BREAKS-RESISTANCE-U-10300-HERE-WE-GO/)

Bad trader? not at all

We will be a bad trader with we don't manage our portfolio properly and we do like gambling once at all.

So, what happened?

The crypto just did a fake movement and now is traped on a zone that I don't see any trade to do.

Bitcoin can move from U$9000 to U$9320 and It will be still inside his actual pattern ( pink triangle on my graphic).

So, I will expect a clear graph so I can trade crypto again.

On the meantime I just did one trade at LINKBTC that ended with a 13%+ profit (pays all the stops).

So, think in the long term.

Don't panic

and wait.