MATRIXchartings

MATRIXchartings

We can see a clear rejection in the daily chart at the resistance point ( 5.5). A shooting start candle formation can be seen which is obviously a reversal pattern and if we inspect the history it can formed shooting star patterns twice and the trend had reversed. Placing buy orders at first support 4.85 and 4.5 will be nice. In my opinion it will get bounce...

MATRIXchartings

You can see that there is a solid bearish divergence on daily chart and it looks like we are slowly loosing the momentum. You can see the same divergence patterns in Dot, Eth, Ltc and so on.. I feel like it's time for a correction but keep in mind that charts doesn't give us everything because it can be pumped or dumped by whales. Over all look is bearish on...