Good day Traders!
Once we lose the current weekly support, expecting some type of darth maul.
Bearish divergence on the 12H. Targeting monthly support, 0.382 retracement and 12H OB on the next drop (13.7k - 14k) and then a final push to possibly retest the same current area of resistance once wave 4 is completed.
Volume has also been decreasing on these last couple of legs up.
Once we lose the current weekly support, expecting some type of darth maul.
Bearish divergence on the 12H. Targeting monthly support, 0.382 retracement and 12H OB on the next drop (13.7k - 14k) and then a final push to possibly retest the same current area of resistance once wave 4 is completed.
Volume has also been decreasing on these last couple of legs up.
