If you look at the stochastic on the hourly, we are pointing down from overbought area in the second from bottom pane here.
Further, there is a declining trendline on the RSI acting as a resistance.
I think we will get a pullback to mid 44's before we see which way the market decides to go.
The weekly is about overbought on the stoch, but whether or not we get a false bar there remains to be seen. Need to see it level off and start pointing down before making any assumptions.
Further, there is a declining trendline on the RSI acting as a resistance.
I think we will get a pullback to mid 44's before we see which way the market decides to go.
The weekly is about overbought on the stoch, but whether or not we get a false bar there remains to be seen. Need to see it level off and start pointing down before making any assumptions.
Kommentar:
Weekly
Kommentar:
If you look at that giant green weekly weis wave, I wouldn't be surprised to see this red one continue to grow, effort vs result.
Kommentar:
Kommentar:
Volume divergence weekly suggesting bulltrap city
Join us free on discord through this link discord.gg/CRpDbvDdRx - Preferred intermediate and up, just don't want to explain the basics. Come hang out and talk crypto, stocks, etc!
