Ethereum is now caught in an extreme squeeze on the 6-hour chart as well. That means we're seeing a multi-timeframe Bollinger Band squeeze scenario unfold here. Keep in mind—the shorter timeframes typically break out of these setups first, so watch those levels closely for your next move.
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ImpermanentPhilosopher
· 3h ago
Multi-timeframe sandwich, the short-term move first is an iron law, this time we must keep a close watch.
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CryptoComedian
· 3h ago
Whenever a multi-timeframe trap appears, I know it's either a major market move coming or the prelude to a harvest of the little guys. I end up laughing and crying all at once.
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BankruptcyArtist
· 3h ago
Wait, multiple time frame compression? Does this mean a big move is coming?
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MidnightTrader
· 3h ago
The hourly chart has also been squeezed. This wave of market movement is really holding back a big move.
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DefiPlaybook
· 3h ago
Multiple time frame Bollinger Band squeeze... If this wave is a false breakout, I'll just eat dirt.
Ethereum is now caught in an extreme squeeze on the 6-hour chart as well. That means we're seeing a multi-timeframe Bollinger Band squeeze scenario unfold here. Keep in mind—the shorter timeframes typically break out of these setups first, so watch those levels closely for your next move.