Quick update, momentum was picking up and the trend hit an iceberg order. High volume was seen around the 47k for several hours.
Price trend has moved upwards but supported by weak volume - not a major reversal.
Overall, the trend still remains bearish.
Price trend has moved upwards but supported by weak volume - not a major reversal.
Overall, the trend still remains bearish.
Related publications
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.
Related publications
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.