Possible Tops for me are
89, 80, 74, 63, 54
possible retracement/correction and the moment are (if top is 63
26ish, 10ish
Trend: Still Strong Uptrend
Possible wave 5 forming or wave 5 has ended I have said this because the wave 3 has touched wave 1 so possible of a subwave of wave 1
Bearish Indicators:
4 hours and daily are forming bearish divergence especially on daily, and we are on few days overbought in the daily RSI
RSI bearish divergence to the 2 swing highs
possible macd bearish divergence of 28 swing high and this next possible wring high
demand is decreasing
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DISCLAIMER: This is NOT FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
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89, 80, 74, 63, 54
possible retracement/correction and the moment are (if top is 63
26ish, 10ish
Trend: Still Strong Uptrend
Possible wave 5 forming or wave 5 has ended I have said this because the wave 3 has touched wave 1 so possible of a subwave of wave 1
Bearish Indicators:
4 hours and daily are forming bearish divergence especially on daily, and we are on few days overbought in the daily RSI
RSI bearish divergence to the 2 swing highs
possible macd bearish divergence of 28 swing high and this next possible wring high
demand is decreasing
##########################################################################################
DISCLAIMER: This is NOT FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
##########################################################################################
Comment:
possible wave 4 edy or wave 3 going to wave 4, I think if cannot climb back to 75 + then 50 is a possibility