- Shorting volume has been on the rise in the past three hours
- RSI downtrending with no sign of a reversal
- MACD crossover very unlikely
- Crossunders on the EMAs
The faster MACD (EMAX Histogram) looks like there may be a dead cat bounce before the final drop. It can also indicate an underlying reversal trend, but when the indicators are this bearish it seems to be a mistake.
Note
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.