This Massive Pump That We Seen Just Now Can Be a FAKE Out
A Fake Out Means Whales/ Big Players Pump Up the Coin to a Certain Level and Thereafter it Looks Like an Actual BreakOut and We Normal Day Traders See The Charts and When we See A Breakout We Tend to Go LONG on That Particular Coin, Then What Happens Those Whales/ Big Guys Start Dumping Again So That You Can Lose Money and They Earn from Your Hard Earned BTC
That's Called a Fake Breakout Kinda Thing
Hope You All Understood The Logic Here...!!
We Are Still Bearish Here in larger Time Frame, and we Can Test out again 5500 Area as we Said Previously
Keep in Mind to Be in a Bullish MODE We Need to Cross 6800-7000 USD Zone as of Now
Still, SHORT is Good in Our Opinion, SHORT BTC From Resistance Levels and Keep Taking Profits Whenever You Feel Good..!!
Simple as That, Don't Hold for Longer, Just Keep Taking Profits after Opening The Position.