% Price broke through monthly resistance ($46971) and retested and currently at $52730. ( Previously price was on phase 2 of Monthly up trendline and made Fib 50% Retracement as a support. )
% Price retested Weekly Up trending Fib Retracement 61.8% and has tested the weekly down trending trendline along with Down trending Fib retracement 78.6% , $52921. And...
% Price is at macro uptrend since early February and also in a Macro symmetrical/Descending triangle.
%Fib Retracement 38.2% : Price is currently testing this level .
% If price broke out 38.2% and makes the phase 2 of up trending trendline ....... i will be DCA my long trades from $1.18 - $ 0.95.
% If price makes the Macro cup and a handle/ Inverse H&S ...... ...
% Price is on uptrend and broke the symmetrical triangle and the weekly resistance.
% Price found resistance at Fib Extension level 0.786 and tested as support.
% RSI shows overbought condition and Classic bearish divergence while trying to breakout of the descending channel.
% MacD: Histogram shows a uptrend and reaching the red resistance.
% Profit taking...
# Price ranging from Macro up trending channel and reached and surpassed the previous all time high. Touched the diagonal channel resistance and formed a double top (M).
# Price broke and retested micro diagonal up trendline. (A).
# RSI: Price makes double top and RSI makes lower highs ...This is Exaugurated bearish Divergence . As we can see from previous...