Resistance clearly holding, breakout target reached and bounced. Everything in favour of a downtrend.
Comments
JoshL
⋅
This one is a bit confusing/tricky at the moment IMO. That last weekly bar looks a bit too bullish, and at the same time, the Daily just hit the same Res area forming a possible double top...
I still think this is going short though, just not sure when. EOD (Monday 6/4) might give a better indication....?
pete_hef
⋅
Sir, what do you mean with "clearly holding"?
CryptoPAMM
⋅
38.2% fibs, the red line, daily close was below, hope its clear
I still think this is going short though, just not sure when. EOD (Monday 6/4) might give a better indication....?