First time publishing. Whales seemed to trigger all the short orders to get the bulls going. On the 1Hr chart we can see the large buying volume triggered at 11PM (2018/04/11) and 11AM (2018/04/12) The prices were pushed to the 0.382 and 0.50 retracement levels on my chart. Doesn't llok like the 0.618 retracement offered much resistance.
After that low volume have been pushing prices up. The hidden bearish divergence as can be seen as well indicate that we should see a drop starting soon. If price doesn't rise beyond $0.74 we will still have a lower high indicating that the bears aren't done yet.
Comment
⋅
The 0.786 retracement ($0.66) seems to be offering a lot of resistance. Still inline with the lower high. Possible double Top forming that could lead to a drop. Still Bearish divirgence on the RSI.