TRB Has formed bearish flag and now it's about to crash. tomorrow if the CPI report is negative it will crash to 13.20 or even below that price. we can take shoer position after breaking out of bearish flag
@SATOSHIDIAZ, btw wait for CPI data release only 3:30 hours are left.. if cpi is lower than or equal to 7.9 we will see bullish movement today if the cpi value is 8.3 or above we will see mega dump in the market in the next 3:30 hours.. even though it's good zone to buy but after cpi data anything is possible.
SATOSHIDIAZ
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Update now ? Plz
CryptoSlazy
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@SATOSHIDIAZ, there is strong resistance at the area of 16.00 and 16.70.. on weekend mostly volume is fake. on 1 hour timeframe we can see rsi bearish divergence. which means the market is getting weaker. not so many buyers are interested in buying at this price. but we need to break 15.30 in order to open short position.
in a clear sense the market has to retest 8-9$ or even lower :)