Even though the RSI and prices are making new highs, volume is telling a different story.
Price is about to reach an important weekly supply zone. This could be a good opportunity to short this coin (short-term period).
Prices may retrace between 10% and 15% once it reaches weekly supply zone. Once price retraces, it could be a good opportunity to add or increase your position.
P.S: Chainlink and Tezos are showing strength within altcoins. I am bullish in these two coins for the long-term.
Price is about to reach an important weekly supply zone. This could be a good opportunity to short this coin (short-term period).
Prices may retrace between 10% and 15% once it reaches weekly supply zone. Once price retraces, it could be a good opportunity to add or increase your position.
P.S: Chainlink and Tezos are showing strength within altcoins. I am bullish in these two coins for the long-term.