My volatility indicator "Squeeze Zone" just plotted a double weak zone on the 4H chart for BTCUSD.
The last time this happened, BTC dumped over 20%.
Seeing a massive rise in XRPUSD (over 40% as of 11/23) to me is a foreboding sign that people are taking BTC profits and diversifying into alt coins.
The last time this happened, BTC dumped over 20%.
Seeing a massive rise in XRPUSD (over 40% as of 11/23) to me is a foreboding sign that people are taking BTC profits and diversifying into alt coins.
Note
I'll be waiting for this zone to close and make a decision afterwards
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Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
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.