BitcoinLong
Short Squeeze and bullish bounce happening
BTC started forming a symmetrical triangle
week later, bullish symmetrical triangle formed a up slanting parallel channel (bearish)
Bears are licking their chops thinking a juicy retracement is in play.
What happen next is what this note is about. We punch thru upper channel line, fall back in,
seemly perfect opportunity to short.
Then
We are using upper channel line as support. This is the setup of the most explosive upside
week later, bullish symmetrical triangle formed a up slanting parallel channel (bearish)
Bears are licking their chops thinking a juicy retracement is in play.
What happen next is what this note is about. We punch thru upper channel line, fall back in,
seemly perfect opportunity to short.
Then
We are using upper channel line as support. This is the setup of the most explosive upside
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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.
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.