Seeing how price action is weakening over time I could say that bears are looking to take over
Would like to see buyers pushup to local resistance to only selloff once again as we head towards $30 in which we will see a pullback trigger occur.
When the time is right we'll asses price action again to see if we get a straight drop or a full retracement back to ~40.
Would like to see buyers pushup to local resistance to only selloff once again as we head towards $30 in which we will see a pullback trigger occur.
When the time is right we'll asses price action again to see if we get a straight drop or a full retracement back to ~40.
NathanAL
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NathanAL
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.