On the above 3 day chart price action has moved up 700% since last August. A number of reasons now exist for a reversal, they include:
1) Broken market structure.
2) Price action and RSI support breakouts.
3) A reliable bearish crossover.
4) No support levels until 1.90. A strike of 1.50 is probable.
5) "Short" active from $4.05 area.
Is it possible price action continues printing higher highs? Sure.
Is it probable? No.
Ww
1) Broken market structure.
2) Price action and RSI support breakouts.
3) A reliable bearish crossover.
4) No support levels until 1.90. A strike of 1.50 is probable.
5) "Short" active from $4.05 area.
Is it possible price action continues printing higher highs? Sure.
Is it probable? No.
Ww
Trade ativo
Nota
Just another $1.30 until target. Seems the bulls can't capitulate fast enough.. will they also be ones filling long orders below? 100%
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.