Ambrosus / btc pair is getting squeezy
The Ambrosus/btc pair is getting a squeezy point. Some say the altcoin season just had started. But when looking at the graph the overall trends seems to go down (red line). However, a clear symmetrical triangle is forming and were just at the end of the squeeze and the breakout will probably happen soon. I suspect that a breakout to the downside will happen soon and that the so-called altseason will dissapoint a lot of people big time and will have a big effect on the ambrosus/btc pairing.
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.