The weekly candle was not met and didn't close above 10833, instead it closed below it. Right now we are having some fomo on upside but all the indicators are still pointing down to test new lows. We reached on this last dip 10500s and I believe we will continue to follow the pattern until hit a bottom since our largest high 13800.
Don't be fooled by low volume and temporary to the upside, look at the chart, this is what happens with each small up, pushing more lows to the downside breaking the trend line.
I'm typically bullish but this looking very bearish for now as the Whales are snoozing for a nice entry point.
Don't be fooled by low volume and temporary to the upside, look at the chart, this is what happens with each small up, pushing more lows to the downside breaking the trend line.
I'm typically bullish but this looking very bearish for now as the Whales are snoozing for a nice entry point.