it's consolidating and preparing for another wave! lets see which trade will have a higher probability
It will keep up on longer term but its a nice shorting phase
This is a TRADING setup!! IF you are an INVESTOR, then just buy the dips and you will be VERY happy at the end
I am waiting for a short set-up, even if the pair will breakthrough resistance area it will most probably show reversal behaviour first! Lets see
It's most probable that institutional investors & fund managers are buying the dips caused by taking profits on a new high, normal market participants behaviour is to lock up profits in every new high! When you look at the asset market cap and geographical reach ... it's not rational nor logical for such an asset to change direction due to TWEET, please don't...
a reversal to take profits before another institutional investors push it UP