This looks like we might have our weekly double top fake out.
Volume decreasing as price moves higher.
Historical analogue points to bear market.
Price has gone parabolic, parabolic moves NEVER last.
If we keep breaking lower the area to buy back in is 15-20k range where a weekly inverse head and shoulders should form.
Volume decreasing as price moves higher.
Historical analogue points to bear market.
Price has gone parabolic, parabolic moves NEVER last.
If we keep breaking lower the area to buy back in is 15-20k range where a weekly inverse head and shoulders should form.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.