mbc47

BTCUSDT - IH&S on 1H

mbc47 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT - IH&S on 1H
Comment:
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...
Comment:
This is forming quite nicely actually, maybe it is happening -- will be one hell of a squeeze..
Comment:
Friendly advice ;)
If you're short - cover now, thank me later
Comment:
sssssssssqueeze time - count to 100..
Comment:
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
Comment:
We break up above the triangle - this turns into a squeeze.
Do not fall asleep if you're short here.

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.