Quote from: Kemarit on December 19, 2018, 11:29:58 AM

If you want to go aggressive then OP might fit your bill. But if you're not sure of what to do because this might be a bull trap then I guess is just to hold and wait. For me breaking $3800 will be a big psychological test and so if it could build a momentum to $4000. Waking up with a good pump was always a thing to behold specially with what we witnessed in almost a year. But don't celebrate yet but scramble and look at what strategy your going to implement before everything breaks loose. Grin

I too am looking at this as a bull trap for now and am steering well clear of making any significant movements. At this point I see the risk in either direction being too high so the best strategy is to stay put. I can not be confident enough in my conviction that this is a bull trap but I hope that I am wrong. Unless you enjoy trading very short term volatility with high risk then right now is not the time for action.