BTCUSDT - IH&S on 1H

Updated

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This has the potential to blow thru both 20MA & 50MA on the 4H.
Will not be surprised if we get back in the game for a couple of days because of it..
Mid-term is still down...

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This is forming quite nicely actually, maybe it is happening -- will be one hell of a squeeze..

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Friendly advice ;)
If you're short - cover now, thank me later

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sssssssssqueeze time - count to 100..

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I believe this will prove to be a perfect storm for the shorts :)
Exchanges love to take your fees and even liquidate you
They will push up tonight and make it happen

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We break up above the triangle - this turns into a squeeze.
Do not fall asleep if you're short here.

mbc47

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