Hi all!
Going to keep this update quick.
Looks like we're seeing a bearish divergence on the 4HR RSI that coincides with a second test of the Bollinger Band's lower channel.
Could see us retesting the top of the downtrend resistance-turned-support line between $7900-8250.
Conclusion:
We're in no mans land.
- Definitely do not open any longs here
- Definitely do not open any shorts here
If you can't handle the risk associated with a fall back into "bearish" territory, consider shaving off some of your position here.
Going to keep this update quick.
Looks like we're seeing a bearish divergence on the 4HR RSI that coincides with a second test of the Bollinger Band's lower channel.
Could see us retesting the top of the downtrend resistance-turned-support line between $7900-8250.
Conclusion:
We're in no mans land.
- Definitely do not open any longs here
- Definitely do not open any shorts here
If you can't handle the risk associated with a fall back into "bearish" territory, consider shaving off some of your position here.
注释
Larger timeframe outlook for reference. Doesn't look as horrible on the daily, but the divergence is still there.
Be careful trading!!
注释
注释
Squiggly line prediction doing pretty well
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。