Bearish MACD indicator but price still above 200 EMA, which is a sign that asset is still in an uptrend. Price is resting near the golden zone on the Fibonacci level and in a Fair Value Gap, hopefully there will be a price reversal soon. Hopefully, price does not fall to lower Fibonacci levels. Please see chart for Fib levels and FVGs(in green and red blocks).
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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.