12/7 Tuesday
1D: price closed above 200EMA on above average volume with long wick on down side
12h: we are in the middle of down trending channel with price moving up
4h: price continues move up, but momentum is slower in the past 24h. On last candle we see long wick on the down side. Volume in the past 24h slightly below average, no major anomalies.
3h: yesterday price found support at 48k level with longer and continues to move up
2h: price found support on 55 EMA, but currently there is a gap in VPVR - between 54k and 49k, not much support of consolidated volume
1h: since yesterday 8pm there were 2 anomalies in uptrend indicating reverse of move up but it didn't happen. 7am there was a try to push the price down on high volume that was rejected and price going up on an anomaly at 9am. Possible reversal around 52k level.
30m: hidden bearish divergence with RSI starts to be visible.
15m: Support of VPVR at 51k. Anomaly on last candle at 10am. High volume but the price doesn't go up
1D: price closed above 200EMA on above average volume with long wick on down side
12h: we are in the middle of down trending channel with price moving up
4h: price continues move up, but momentum is slower in the past 24h. On last candle we see long wick on the down side. Volume in the past 24h slightly below average, no major anomalies.
3h: yesterday price found support at 48k level with longer and continues to move up
2h: price found support on 55 EMA, but currently there is a gap in VPVR - between 54k and 49k, not much support of consolidated volume
1h: since yesterday 8pm there were 2 anomalies in uptrend indicating reverse of move up but it didn't happen. 7am there was a try to push the price down on high volume that was rejected and price going up on an anomaly at 9am. Possible reversal around 52k level.
30m: hidden bearish divergence with RSI starts to be visible.
15m: Support of VPVR at 51k. Anomaly on last candle at 10am. High volume but the price doesn't go up
Trade closed: target reached
Based on above analysis short taken from 51730 to 49150
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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.