Price decline likely in short term
We are trading below both the 200 and 21EMA, the MACD and RSI are both bearish and there's very low momentum pointing to the upside atm. I'm predicting we are going down to retest the $9850 zone before making further movement.
Trade closed: target reached
Waiting for further confirmation.Note
Looks like we may bounce back to the upside.
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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.