There is still room to go up if purple support trend line holds. However, if we go below 55k, then we could be talking about this ascending wedge being validated and breaking downwards; and looking to buy at Fibonacci support levels for quick bounces if that happens.
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OBV indicator bearish div (SNXUSDT)Note
Update for ya..it's flagged and I think we will head down, triggered downtrend for the next 2-5 years. :)
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Notice how I called that move on the awesome oscillator.Note
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Perfect bounce off of 30k...Note
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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.