#Cindicator $CND $ETH - BINANCE - S/R
W:
The Volume died and with it began a slow and horrific bleed-out. One small glimmer of hope during the March Madness Alt-Season. Short lived.
Last weeks candle does give us a spinning top which indicates indecision, so it wasn't super bearish or bullish.
D:
Breaking free from the overall down trend line is a good start for a better future. Very small bumps in Volume but really not enough to do anything with.
We can see 6500 is giving much resistance and 5801 along with the 886 are just trading off S/R. What does it all mean?
Well, MACD looks like it's just about to tick South. Also looking to curl down and cross back over for a short signal. Godmode crossed yesterday for a short signal as well.
So if we do go down, do we have any support left......?
5025
4522
2200
2054
After that it's anyones guess. We will continue to read the candles and see what they have to say for themselves. I don't see anything that says reversal but that doesn't mean I won't be watching.
W:
The Volume died and with it began a slow and horrific bleed-out. One small glimmer of hope during the March Madness Alt-Season. Short lived.
Last weeks candle does give us a spinning top which indicates indecision, so it wasn't super bearish or bullish.
D:
Breaking free from the overall down trend line is a good start for a better future. Very small bumps in Volume but really not enough to do anything with.
We can see 6500 is giving much resistance and 5801 along with the 886 are just trading off S/R. What does it all mean?
Well, MACD looks like it's just about to tick South. Also looking to curl down and cross back over for a short signal. Godmode crossed yesterday for a short signal as well.
So if we do go down, do we have any support left......?
5025
4522
2200
2054
After that it's anyones guess. We will continue to read the candles and see what they have to say for themselves. I don't see anything that says reversal but that doesn't mean I won't be watching.