Short

We're crashing. We have a 4h squeeze downwards right now.

TTM Squeeze is active on the 4h and momentum matches the previous momentum. You know, the momentum where BTC just dropped like a rock on repeated bear flags. Also, we're still making bear flags on low bull volume.

It's on at 4h, continuing to be on at 3h, and flickering whether it's still continuing after being active almost 2 days straight at the 2h.

Being long right now seems absurdly risky. At best, sitting and waiting for confirmation of an upturn seems like it should have higher expected value in the face of all of this downward pressure.

I'm an amateur and you should definitely not take anything I say as financial advice. I would love any feedback.

acatwithcharts

My volatility-based indicators are available for sale at SharkCharts.live

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