The market is ranging; a bull/bear run is to be decided within a couple of weeks. Don't be fooled by the smaller triangle.
According to several other technical indicators aside from my price action.. such as Bollinger bands. There will be a squeeze in the price range until the bigger triangle is broken.
The more extended the market ranges, the bigger the moves. It is suitable for the health of the crypto market to keep squeezing and ranging between triangles.
13 October 2022, we should decide either to be bearish or bullish. But until then, be patient and DCA.
Best of luck. Trade with caution
Cheers,
A. Mohsen
According to several other technical indicators aside from my price action.. such as Bollinger bands. There will be a squeeze in the price range until the bigger triangle is broken.
The more extended the market ranges, the bigger the moves. It is suitable for the health of the crypto market to keep squeezing and ranging between triangles.
13 October 2022, we should decide either to be bearish or bullish. But until then, be patient and DCA.
Best of luck. Trade with caution
Cheers,
A. Mohsen
Comment:
BEARS TOOK CONTROL AND BROKE THE SMALL TRIANGLE