#Bulltrap :
That Blue zone is a previous support. If market strongly holds above the blue zone with strong value $BTC might go
upwards. 📈
But I think it is a Bull trap. 🪤 There is a chance to open a short trade.
Just keep it in mind
What would invalidate the bull trap idea❌
Is,
- Closes above the blue zone.
- Retests it as support.
- Shows high volume + strong bullish 📈
Candles🕯️

BTC
84,112.66
+2.45%