This is it boys
We had our bear rally
We had hopes of inflation easing and war cooling down and eth merge
Things only got worse...
So which way is this range going to break?
as we sit at the bottom of the range and observe various alts making some unusual pumps, finally btc has moved up in a short squeeze
Big red flags the crypto macro charts
- big spike down on on USDT+USDT caps - as seen at the end of the previous range indicating some semi-permanent outflow of capital
- btc .d spiking up sharply - also seen at the end of the previous range as btc pumps to stop out any shorts that wish to ride
I see nothing bullish about this setup and PA
We had our bear rally
We had hopes of inflation easing and war cooling down and eth merge
Things only got worse...
So which way is this range going to break?
as we sit at the bottom of the range and observe various alts making some unusual pumps, finally btc has moved up in a short squeeze
Big red flags the crypto macro charts
- big spike down on on USDT+USDT caps - as seen at the end of the previous range indicating some semi-permanent outflow of capital
- btc .d spiking up sharply - also seen at the end of the previous range as btc pumps to stop out any shorts that wish to ride
I see nothing bullish about this setup and PA
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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.