Price is still in a range showing no major movements after it broke below the support line due to Bank Holiday. MACD is showing bearish weakness, RSI is sold and EMAs are neutral. We shall wait for liquidity to kick in however i do expect price to move up and retest the 46k area before continuing the downside movements.
Price is still in a range showing no major movements after it broke below the support line due to Bank Holiday. MACD is showing bearish weakness, RSI is sold and EMAs are neutral. We shall wait for liquidity to kick in however i do expect price to move up and retest the 46k area before continuing the downside movements.