The following are machine translations:
In the 4-hour chart, a double-top structure was formed near 47.5, and the bottom support was near 35.
The indicator macd is in a bearish trend, the fast and slow line is about to go down to the zero axis, the RSI indicator falls below the neutral 50, is in a bearish range, and the trend is down.
Summary: There is room to fall below, and it can fall back to the former support of 35. The double top structure and indicators are bearish.
In the 4-hour chart, a double-top structure was formed near 47.5, and the bottom support was near 35.
The indicator macd is in a bearish trend, the fast and slow line is about to go down to the zero axis, the RSI indicator falls below the neutral 50, is in a bearish range, and the trend is down.
Summary: There is room to fall below, and it can fall back to the former support of 35. The double top structure and indicators are bearish.
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