Hi,
Price reach strong resistance level of 10,000. Look like Momentum is slowing down. Firs support level will be 9,525. RSI it’s trap between bottom of the reversal zone and previous support 66.65.TL on the price chart should worn us before price possibly move to down side. TL on RSI it will help as well. Pay attention to RSI – it is trap in the zone that every hour become tighter and tighter this could be pre-explosion momentum. At this poit I do not see any possible signals to open position or targets.
Cheers,
Jim
Price reach strong resistance level of 10,000. Look like Momentum is slowing down. Firs support level will be 9,525. RSI it’s trap between bottom of the reversal zone and previous support 66.65.TL on the price chart should worn us before price possibly move to down side. TL on RSI it will help as well. Pay attention to RSI – it is trap in the zone that every hour become tighter and tighter this could be pre-explosion momentum. At this poit I do not see any possible signals to open position or targets.
Cheers,
Jim