This is a very bearish indicator. I would hold on to your shorts. Last time I saw this we went from $1200 to $30
ends on the 31st, and extrapolating the pumps forward, looks like we'll see a bullish finish.Weird.
If we break through the green lines, we've broken all the long term uptrends, and will either crash hard, or more likely, go for a hsort squeeze/buying frenzy.
look back and see where it comes from. This realy isn't the first time this has happened. Do it yourself for other trends. It's happening all over the place. something is going on. My bet is bots.
simple resistance lines. Always breaks through then bounces about.