Short
Prediction -- further leg down likely; do not go in just now!
Clear bullish hidden divergence (lower highs on price, but higher highs on RSI) indicating further downside incoming.
Moreover, there is a clear trend line on the RSI (30 mins) -- forming at each of the peaks that indicate we are at another peak at the moment.
Short if you want to; but whatever you do, do not go long!
Hang in there guys!
Moreover, there is a clear trend line on the RSI (30 mins) -- forming at each of the peaks that indicate we are at another peak at the moment.
Short if you want to; but whatever you do, do not go long!
Hang in there guys!
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.