BIG MOVE COMING ON BTCUSD

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The BTCUSD is due to a major move soon. The pair has been consolidating to the downside for several months now and it has been significantly squeezing until now.
During the last few months, the pair formed Lower Highs and Higher Lows, hence forming a nice pattern that is about to be broken.

The Sentiment Index is squeezing which is a great indication that something big is about to happen.
The Breakout Pivotal Bars is negative (red candles) so a breakdown seems more likely but we need to wait and see the color of the breakout candle.

Either way the price will break, we are prepared and ready to profit from the move.
Nota
The consolidation has widened in October and the setup is still there. In the meantime, with such a big range, there are plenty of opportunities on lower timeframes.
istantanea
Nota
Exactly as predicted. It's now trading in the low 4000 and it still has further downside potential.
istantanea
Trade chiuso: obiettivo raggiunto
Closed shorts around 3290-3330
istantanea
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