Potential topping out and reversal of the current trend ..
- Similar pattern to top of previous move
- Struggling to make higher high
- RSI downward divergence
- IF traditional markets open down could drag us down with it
Considering how to scale in to long position based on long term MACD SMA momentum shift and key support/resistance zones .. don't really expect to reach the bottom zone and beyond but in current global circumstances who knows what will happen. Just an idea :)
Would like to see this week close above orange zone that we are sitting just above to go on to test next area. If rejected, will look for shorting opportunities to low $5k's. Overall neutral until we see a higher high (>$10.2k).