Top Reached and Rejected, Selling Opportunity
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Previous top from early January(double topped back then) was nearly reached this week, but rejected. Fib/support levels show a short term low upcoming at .786 of the fib levels on the right of this chart, if that is hit it looks like further downward progress to the 0.382 level of the longer term run up that began in May.
Weekly Chart(not shown here) has candles reaching up toward this high from January but falling short.
Large selling volume this week helped to reject the top. Expect bear market for upcoming 1-3 weeks.
Weekly Chart(not shown here) has candles reaching up toward this high from January but falling short.
Large selling volume this week helped to reject the top. Expect bear market for upcoming 1-3 weeks.
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Sold at 0.898
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