We've seen a nice 50%~ increase over the last couple of days that has come to a stop at the 0.021 resistance area. We see a double top is slowly developing on the hourly which suggests a bearish reversal. We'll know for sure if the pattern has completed and breaks through the given support area. In that case, we can setup our short positions.
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.