We're going for a ride in both directions bois. MM keep resetting RSI. Trend is short term bullish and long term bearish. IV is at 15% with price at ATH. There is going to be a squeeze on this sometime. For now, price will gap up and maintain above VWAP/VWMA. We need an absurd RSI to catalyze a rug pull...if there ever is one. Best of luck and may the tendies be with you.
Note
The greed is realer than ever right now. Don't forget, we have $20+ in gaps to spelunk.
Note
MM want the price higher for bonus season and the street wants price at sub 300 so human participants can enter at reasonable prices. This whole thing, top to bottom, has been the work of computer trading.
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.