As we can see WEED managed to make a nice run, but as I said yesterday, better not enter because this is a time bomb. And guess what happened. It dropped, and in my opinion it's not ready to go up for some time. This bearish divergence happens when we have a new high, but RSI shows us a lower high.
It's time for a big retracement people.
Any thoughts ?
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As predicted WEED and ACB were going down because of the Bearish Divergence. Now I expect this selling pressure to continu. Our main support will be the 100ma located at 58.97$.
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