I see that the long term trend (purple lines) hesding down on the long term.. coupled with the yellow long term trend line..
Medium term is upper green line wedged with the lower purple line..
Short term is bounded by the green lines.. Purple solid line is a hourly testing trend line and is changeable on demand...
MACD, STOCH RSI and Volume are the indicators.. you can see thru the seen charts compared to the hourly chart that there is a confirmed pattern that price will hit normally to the 8000 before consolidation..
I see we are bearish long term to the 7800.. and bullish short term...
the overall trend bearish in short time but bullish long term..
Medium term is upper green line wedged with the lower purple line..
Short term is bounded by the green lines.. Purple solid line is a hourly testing trend line and is changeable on demand...
MACD, STOCH RSI and Volume are the indicators.. you can see thru the seen charts compared to the hourly chart that there is a confirmed pattern that price will hit normally to the 8000 before consolidation..
I see we are bearish long term to the 7800.. and bullish short term...
the overall trend bearish in short time but bullish long term..