So yea... ~ 13.5-14k should serve as a top at least temporarily seeing as we have:
• a 61.8 fib retracement there,
• a couple monthly candle tops there,
• many weekly bottom candles closed,
• the volume still a bit low
• a triple top possible on the RSI
• a top on the MFI.
• Shorts still increasing
• a 61.8 fib retracement there,
• a couple monthly candle tops there,
• many weekly bottom candles closed,
• the volume still a bit low
• a triple top possible on the RSI
• a top on the MFI.
• Shorts still increasing
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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.