Tezos has been in a cooloff stage recently after some big gains we have been trending to the downside since the beginning of october but we are starting to look very very everyone! We continue to have success holding onto the 0.5 FIB level and we need to keep that up just like we have been doing for the past daily closes, we are trading and coming up soon on the apex point of this triangle and i am expecting a explosive breakout to the upside! I am thinking if we do get this breakout to the upside the momentum is going to be huge and should carry us all the way back into our that we have fallen out of on this cooldown! Lets take a look at the we are trading in the lower half which isn't the best sign but i wouldn't say its , we do need to see a push back up and above the midline on the BB and aswell as the 6.5$ if we are going to breakout to the upside, also a thing to note is the have been contiuing to squeeze down on price action which tells us a very explosive big move is coming, it just doesn't indicate which way. and thats why we are going to look at the , we are seeing the histogram is getting very very close to the midline an back into green territory and we have been seeing constant declines in the red bars which shows us the bear momentum is fading away, and our MA's are getting very close together and its looking like we could see a cross any day now. This next cycle i think is going to be a very big and one due to the fact that we have had a very stretched out cycle and we have come down significantly and have pushed slightly under the midline, usually after big red cycles where we see a big fall like we have just seen a very cycle will follow and thats exactly what im expecting coming up soon! Now the squeeze , we have been seeing a rapid decline in bars which is a really good sign it shows us that this bear squeeze could be coming to an end very soon, all we need to see is a continuation of what we have been seeing for the past week or so...a steady decline day after day until we see a crossover of the midline and back into territory, once we do start to see green bars we want to see the opposite to the red an increase day after day with the green bars growing in size building up bull momentum, the squeeze portion is shown by the black crosses on the midline and the longer we see the squeeze portion play out the way more explosive the squeeze release is going to be shown by white crosses. Thankfully we didn't see an explosive bear squeeze release on this red cycle and keep in mind they don't always happen but when they do you can expect explosive moves! Not financial advice just my opinion!