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veryevilone
Aug 26, 2016 6:39 PM

Bitcoin Possible Tweezer into short squeeze? 

Bitcoin / EuroKraken

Description

Hi there. I just noticed this symmetrical tweezer candles on the bitcoin daily. Combined with the tight BBands. Something is going to happen soon. And its going to be big, Usually, when things get big, its because they are surprsing. And the most surprising thing will be a leg up at this point. At least to alot of people it will. Anyway thats more or less baseless speculation.

Notice the channel i drew. The first one, leaning down, with a big break down at the end. The next channel i draw is leaning up, Maybe it will have a big break up. This is not strictly TA, but i like to get experimental every once in a while. Last but not least the dotted line is the weekly trendline going back to when the first rally started near the end of 2015. You know which one im talking about. These things could all come together and form a leg up. have a nice day.

Comment

Good old Bull trap as expected with these things. =)

Comment

Sometimes i wish i could just delete ideas.
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