This pattern reminds me pre BTC crash
Price has consolidating on highs for an extended period of time. This usually means that there is no high volume buyers at this price and it is the retail traders buying and selling in this price range.
Remember: Trend is your friend, SL is your best friend.
Remember: Trend is your friend, SL is your best friend.
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.