Bulls have failed to sustain their push especially with the alts running out of steam. I'm mainly trading off of the Daily & Weekly and we haven't had a retest of our Weekly low around $6850.
Bear volume is slowly increasing and a lot of the lead alts are starting to bleed.
ADA pumped hard which led the last "real" push towards $10k (It was May 27th, check the daily for each) and it's the first to rollover.
I do have a short position.
Checkout that nasty RSI lol
Non-crypto: Money is going into stocks for the time being. I personally have seen lots of posts about that on social media from associates.
Bear volume is slowly increasing and a lot of the lead alts are starting to bleed.
ADA pumped hard which led the last "real" push towards $10k (It was May 27th, check the daily for each) and it's the first to rollover.
I do have a short position.
Checkout that nasty RSI lol
Non-crypto: Money is going into stocks for the time being. I personally have seen lots of posts about that on social media from associates.
Comment:
There we go. Probably going to see a bounce around $9500 but I'm going to hold onto my position until the Daily and/or the Weekly RSI is around 25-15
Comment:
*$8500