Showing clear Bearish Divergence on Market Cipher 4 HR but bulls are trying to flip the shorter time frames bullish but the buying pressure is underwhelming as I'm currently writing this. Neutral as of now but my Bear Signal will be a break below our 6400-6500 Support and my Bullish Signal will be finally breaking and closing a 4HR candle above our 6900-7k Resistance Level. Bearish Target 5,800-6k/Bullish Target 7,500, Good Luck Everyone!!
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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.