BTC..Bull trap? I think so.

Will work on this some more but yet again I see one good buying hour and only weak buying after that.

Also the wicks on each side of the candles indicate at least a short term trend change.

Which way will we go?

I have linked my idea for why I am bearish.

TLDR:

Weak buying hours.

Market psychology: denial phase

Overall trend since ATH: lower highs and lower lows.

Yorum:

Looks like this one played out well