Right now we are being squeezed between the 100 and 50 simple moving averages as well as between a downward sloping trend line since 9.9k and an upward sloping trend line from 6.5k. I am not here to tell you which way this thing will break out but I can say all this squeezing is going to lead to some explosive movement one way or there other. Please leave me a comment and let me know which way you think we will break!
P.S. This is a great example of bots squeezing ever last drop out of a formation before they are eventually forced to pick a side.
All the best,
Red Boar
P.S. This is a great example of bots squeezing ever last drop out of a formation before they are eventually forced to pick a side.
All the best,
Red Boar
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Update guys, if you have ANY questions or comments please leave them
Update guys, if you have ANY questions or comments please leave them