has a strong potential for the long term bulls, but at the moment it needs to take a breath and consolidate a bit. This result could be reached by several approaches. Daily RSI
is overbought; 4h RSI
has divergence; 1h wave count indicates a correction. The price is also approaching a key Gann
angle, not to mention a key pitchfork
This pair can be short when 4h RSI
gives a sell signal and/or when there are three clear downward Gann
candles in 1h.