The daily candle was closed very negatively, RSI reached overbought zone and there is no point in expecting growth from the current flat, maybe at least ~8800$. The structure of the movement resembles the classical impulse paradigm, and this week it is expected to continue to decline. The big player doesn’t want to buy now and will obviously get a lower price potentially ~8,200-300$ as first target.
Smash the like button if you find this idea useful! Not financial advice.
Smash the like button if you find this idea useful! Not financial advice.
