AirBNB Triangle/Squeeze.
Just observations mostly...
Here we have multiple trendlines for references, simply put we are in a Triangular Squeeze, previously we had weekly bearish divergence from the RSI and the price has dropped as you can see. To be honest I can't make heads or tails in terms of direction, but if this a Falling wedge? You guys are in Trouble. Keep a look out because "The pole" to this flag is long..., Only thing that is interesting is the TTM Squeeze is pulling up which is good for for a situation where the price action has been horizontal, let alone in a triangle.
Here we have multiple trendlines for references, simply put we are in a Triangular Squeeze, previously we had weekly bearish divergence from the RSI and the price has dropped as you can see. To be honest I can't make heads or tails in terms of direction, but if this a Falling wedge? You guys are in Trouble. Keep a look out because "The pole" to this flag is long..., Only thing that is interesting is the TTM Squeeze is pulling up which is good for for a situation where the price action has been horizontal, let alone in a triangle.
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