WhaleScout

Decision Time for BTCCNY

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
BTCCNY             is hovering over the cloud, RSI at 50 level prone to down, OBV making lower highs and higher lows.
This is right in the middle of bulls and bears, compressing a lot, possible big move one direction or the other.
Most probable for now is to keep hoovering over cloud untill new leg up.
It ended up entering an amazing consolidation, compression is insane, any dip is being bought, what still the same is the expectation of a huge movement up or down due to this squeeze.
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