BTC Ready to Trick or Treat
Обновлено
Headed into a neutral squeeze is ideal in more ways than it seems. With sensitivity to upcoming events like the election and the quest for a covid vaccine there's opportunity to move BTC down or up.
What compounds the opportunity in this case is the fact that this push is neutral enough that bears will become bulls if bullish and bulls will become bearish if bearish. This ultimately leads to everyone on the same side with even less speculation.
Heading into November, BTC will likely need to make a price decision and stick with that direction.
What compounds the opportunity in this case is the fact that this push is neutral enough that bears will become bulls if bullish and bulls will become bearish if bearish. This ultimately leads to everyone on the same side with even less speculation.
Heading into November, BTC will likely need to make a price decision and stick with that direction.
Заметка
I'll refer to this as the wedgy. Trading within the wedge is relatively futile compared to entering a long/short position at a breakout of the cloud. If you aren't familiar with ichimoku... recognize you aren't familiar with ichimoku. THIS IS NOT A BOLLINGER BAND. Breakouts of the cloud are incredibly powerful and accurate representations of price movent.
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