As you can see there is a high bearish divergence here ... price goes down and bullish volume looks week after every pump ... We were in ascending channel since 20k and we had several touches on 40k and a shadow on 30k ... We have double top and also symmetrical triangle here ... Which one will be the winner of this game ??? This is a side market ... Adx is lower than half, rsi walking on mid line ... We should see ... Personally I thing we are going to see 30k area again ... (We had a H&S pattern .. but it seems market rejected that ...) Good luck, stay safe and dont forget to use SL
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.