Looks like Bears will cont Monday, 03 June 2024, closing $2316
Bears pushed the overexcited bulls down on Friday after the news spike closing after all at 2327 as expected.
The RSI still remains at 53% and MACD strongly under 50% move. The linear regression channel also negative for the last 6 trading days. Can not see increase in price for at least Monday, still serious sellers pressured. Trading short.
The RSI still remains at 53% and MACD strongly under 50% move. The linear regression channel also negative for the last 6 trading days. Can not see increase in price for at least Monday, still serious sellers pressured. Trading short.
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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.