Parallel channel tight squeeze. BTC
Long story short without going into to much detail.
BTC is currently trapped between 2 important parallel channel (blue hand drawn circle). confirmation of breakout in either direction is likely to mean volatility .
Breaking out of the top of the green channel likely mean bullish movements shortter.
Breaking down out of the white channel likely means bearish shortterm.
These channels have been valid S and R for over a year
BTC is currently trapped between 2 important parallel channel (blue hand drawn circle). confirmation of breakout in either direction is likely to mean volatility .
Breaking out of the top of the green channel likely mean bullish movements shortter.
Breaking down out of the white channel likely means bearish shortterm.
These channels have been valid S and R for over a year
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