An overall bearish trend across larger and smaller timeframes.
Strong Resistance that has been tested multiple times.
Price is starting to fall from the resistance signalling a move down to the tested support.
RSI beginning to fall which supports the bearish channel.
MACD peaking which signals a drop in price coming soon.
Strong Resistance that has been tested multiple times.
Price is starting to fall from the resistance signalling a move down to the tested support.
RSI beginning to fall which supports the bearish channel.
MACD peaking which signals a drop in price coming soon.
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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.