Stock is clearly in a downtrend and macd is signaling a reversal.
A pennant is forming on the 4h chart for KRAKEN:XRPUSD . It should explode upwards soon.
Nothing special about this last B push. It didn’t pierce to upward resistance and it still in line with the downward trend. We’ve seen more of these sudden bursts in the last few days, and they tend to die off in the next few days to come. Still have my short positions going.