This chart tells an alot , if you know what to look for. $btc

Let's say you shorted where I marked on the chart. And the price goes up like now? What kind of emotions do you think are going through most people in that trade?

And after such a sharp move, what do you think those who didn't have time to short are thinking and doing now that the price is going up? Are they longing? In that case, is it the intention of the market makers? To lure new traders in before they go down further?

Food for toughts!#BTC #ETH #CryptoTalks