Heres what I see happening.... i see a good chance of a long squeeze happening very soon to close out longs followed immediately by a large short squeeze that will possibly go very high prices.
They are not gonna dump this with so much money in shorts. But they are running out of fake bull run room also with all RSI's at 70 now so i imagine the price is gonna go as high as needed with this push until enough shorts go away and then we are going down epic like
They are not gonna dump this with so much money in shorts. But they are running out of fake bull run room also with all RSI's at 70 now so i imagine the price is gonna go as high as needed with this push until enough shorts go away and then we are going down epic like
Note
Long squeeze started 2min ago i believeNote
Pump is beggining in about an hour at 45m pas the hour i expect us to start tanking every single candle on the following hour in 1h18 will likely be atleast slightly red and if it is we will tank soon as that hour closesNote
Oh boy its goun down it looks like squeeze or dumo dunnoNote
This will turn any second up i believe for a hour and dumpNote
Nvm just games being played, we just been slowly dropping in order to lower rsi on all the lower timeframes so we can go up some more at some point. They are just using action to mask it as a pre jump so people dont catch on that we actually just slowly down trending. If your gonna be monitoring then short will likely slowly net u some, we probably already close to or under the 12 hr candle close target though. So i wouldnt bother with much until 12 hr close is comingDisclaimer
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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.