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The highly anticipated surge is not coming right now - maybe later in September. There is a clear downtrend on price pressure (price_change% * volume%) and just crossed to a negative value on the 4H timeframe. Both on the 1H and 4H charts the RSI14 is also at 40 indicating steady selling. A bounce is likely to happen only around $43500 (Organic support level and...
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Based on a one and half year cycle of breakouts, we are about to see a decline starting just before Christmas. I wouldn't advice putting in your money if you plan to take it out in 2021.
3
This bird is learning to fly! Watch the volume increase and the upsloping resistance level.
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