Flav_ma
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Bull trap W/ Volume pick up - Be ready for a new low retest

COINBASE:BTCUSD   比特幣 / 美元
BTC/USD pair has moved up 7.3%% showing early signs of a potential price reversal and change in the market sentiment. However as day traders continue to take profits trading shorter time frames volume is quickly decreasing and producing weaker and weaker candles. My advise if you are going to trade on this market wait for the next candle and sell on strength. Don't get caught at the top when the bulls run out and the big red candle comes crashing down on you.

I expect this market to retest a new low before moving up to the $15k range. I will be adding at $9700 and $8600 if it gets there today.
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