Simple Question :
Who is buying it ? Funds have a big sellout on 7/28 .After the big sell, price continue to rise as private funds (such as retail traders) try to "buy low".
Simple Facts:
1.Macd divergence
2.Volume didn't catch up the rising price.
3.Negative News
Conclusion :
Sell based on overvalue + technical trade
Who is buying it ? Funds have a big sellout on 7/28 .After the big sell, price continue to rise as private funds (such as retail traders) try to "buy low".
Simple Facts:
1.Macd divergence
2.Volume didn't catch up the rising price.
3.Negative News
Conclusion :
Sell based on overvalue + technical trade
Trade fechado: objetivo atingido