Daily:
Third red candle forming on the daily, as of 10 am a harami candle is forming.
Volume is quite low.
MACD is after crossing over to the downside. Next major resistance levels looking at 8400 & 8900.
8200 support level acting as a 50% Fib retracement level between 6600 & 10000. If this breaks we are looking at 7800 level as next significant support.
Managed to go from 8150 to about 8400 level yesterday from 4 pm until about 4am. Seen a sharp drop this morning at 8am from about 8350 to 8200. Been rising the last couple of hours but on lower volume. Upward trend line forming on the hourly. Higher highs & higher lows forming also on the hourly. Outlook is slightly in the favour of bullish for today but if manages to break trend line or the higher highs & higher lows pattern, outlook will be changed to neutral.
Not financial advice bros & ladies.
Third red candle forming on the daily, as of 10 am a harami candle is forming.
Volume is quite low.
MACD is after crossing over to the downside. Next major resistance levels looking at 8400 & 8900.
8200 support level acting as a 50% Fib retracement level between 6600 & 10000. If this breaks we are looking at 7800 level as next significant support.
Managed to go from 8150 to about 8400 level yesterday from 4 pm until about 4am. Seen a sharp drop this morning at 8am from about 8350 to 8200. Been rising the last couple of hours but on lower volume. Upward trend line forming on the hourly. Higher highs & higher lows forming also on the hourly. Outlook is slightly in the favour of bullish for today but if manages to break trend line or the higher highs & higher lows pattern, outlook will be changed to neutral.
Not financial advice bros & ladies.