Volume tapering off, a break under $11,200 can be a potential freefall.
Note
Double top on the 12hr candle close.On a smaller time frame, bearish divergence is not fully realized yet on indicators.
Note
Bullish pullback on the longterm support/resistance horizontal line (from January) with mostly only bottom wick and possible crossovers on indicators. Currently sitting on 100EMA, the last time this was broken we fell through the .618 extension.
A safe entry is now with a stop loss at $11,200 if we take into consideration the pullback that will come after we break through $11,400.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.