Key reversal area
We have:
- Potential Cypher/ Shark.
- Approaching 20 and 50 dsma. Both acted as support resistance in past. 20 crossed with 50 recently. Bearish death cross.
- Approaching 50% of retracement.
- Potential rising wedge.
If the price reaches the next resistance, great short opportunity upcoming.
- Potential Cypher/ Shark.
- Approaching 20 and 50 dsma. Both acted as support resistance in past. 20 crossed with 50 recently. Bearish death cross.
- Approaching 50% of retracement.
- Potential rising wedge.
If the price reaches the next resistance, great short opportunity upcoming.
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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.