Logical reversal or a bear trap? I advise you to read to the e | [TF] Crypto Trading

Logical reversal or a bear trap?
I advise you to read to the end

While Bitcoin is trying to reach the 17500 resistance zone, while dominance is falling rapidly and altcoins are rising, let's look at the situation from a different point of view.

Reversal triggers?
A lot of indicators, strategies, schemes, etc., point to a reversal, the thing is that all those indicators have been telling us exactly that for the past 4 months. Therefore, we need to soberly assess the situation.

Bull started?
According to my information, last week the institutionals brought some money into the crypto, but we will only find out about that after an official report.

Big trap?
People came after the holidays energized and ready to work, move the market up. There are no reasons, but there is faith and desire and that's enough.

If we stay above 17500 and everything is fine with the news background and data, then the target will be around 19200.

For those who remained outside the trend
First of all, don't catch FOMO, it's strictly forbidden!
It is dangerous to enter a full deposit at 17300 in an overheated market.

You can accumulate positions a little bit. As you grow, accumulate longs and insure your profits. Thus, you do not risk getting a big lose, but at the same time continue to grow.

Always think with your mind but not your heart


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