Bixley

Another Absurd Gaussian Channel

Long
FTX:BULLSHITUSD   3X Long Shitcoin Index Token
The recent drop has caused this expansion of the channel
What will be the repercussions?
This pair consists mainly of low cap altcoins, we may see huge growth in low cap altcoins soon,
I assume this because the channel is extremely stretched and has extreme room to move

An alternative scenario is we see the death of some low cap alt coins

Its one extreme or the other.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.