No red flags for bulls on consolidation at this point, still healthy after a very extended 4 hour chart, and RSI to go with it.
This potential bearish pattern will see clear confirmation if we break $368 support.
Multiple consolidations have bounced off this point, so bulls remain in control as long as it holds.
This potential bearish pattern will see clear confirmation if we break $368 support.
Multiple consolidations have bounced off this point, so bulls remain in control as long as it holds.
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Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.