12H closed below 10 SMA which it has not done since 22k in December. Stochs, MACD, RSI are all crossing down and I would suspect price to come down to the 12H 21 EMA at the minimum or previous breakout resistance at 34k. Likely short term support and bounce there.
Kommentar:
To note: 2D candle has closed below the top side Bollinger bands which suggests the strong trend upward is potentially weakening. I would take take caution here.
Kommentar:
Expect more downside if the next 12H candles close like this.
Kommentar:
Stochs will need to hold this trendline or further downside is expected.
