Double top formation and RSI divergence on Daily. Probable retracement to the ascending trendline and horizontal support at 10000. Once it gets to this area we could probably search for buying opportunities. I DO NOT SHORT CRYPTO.
At the moment the 11800 support seems to be holding. This needs to break in order for this idea to be valid
At the moment the 11800 support seems to be holding. This needs to break in order for this idea to be valid
Comment:
Very nice pullback to resistance and on its way as we had planned it. I do not short CRYPTO but I am confident the trade will go exactly as planned
Comment:
Oh well, such a pity I didnt enter this trade.