As soon as we failed to break resistance we entered a descending triangle.
Bulls are pushing. If we fail once more then a fall to 8k is likely.
Comment:
RSI is yet to make its mind up, although it bottomed 02-05 which is extremely bullish on the 1 day.
There might be a hidden divergence on the MACD which may only increase if more people turn bullish.
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.
There might be a hidden divergence on the MACD which may only increase if more people turn bullish.