Pump off supportLooking for a high volume pump to pivot off this support. We can sentiment strong support here as presented on chart.
MACD/SIGNAL are set to cross to increase volume and head for 0 line for an increase in volume which will furthermore shoot RSI further out of overbought zone.
Look for rejection at resistance level 8.000. Continuation through 8.000 will retest 8.400. Stop loss with a clear support breach and continuation.
Please comment with thoughts and ideas. Thank you.